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Speedy Recovery Proceedings Is The Need Of The Day: SC [Read Judgment]
Ashok KM
18 April 2017 10:12 PM IST
SC upholds Rule 5 of Madhya Pradesh Micro and Small Enterprises Facilitation Council Rules Code of Civil Procedure cannot be the only remedy. It is open to legislate recovery mechanism without interference of Civil Court, the Bench said.Providing a speedy recovery proceedings is the need of the day, said the Supreme Court, while upholding Rule 5 of Madhya Pradesh Micro and Small...
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