Asset Reconstruction Company(India) Limited v. M/S. Bizworld International and Ors.
Case brief
What is this about?
The Tribunal allowed a substitution application, permitting the ARCIL to replace Indian Overseas Bank as the appellant in an appeal regarding a debt assignment under PSA-8.
What did the court decide?
Substitution of Indian Overseas Bank with ARCIL in Appeal No. 310/2010 allowed.