Yes Bank v. Tan Pal Pharmaceuticals and Others
Case brief
What is this about?
In a fresh order application under Section 19 of the Recovery of Debts and Bankruptcy Act, 1993, the court directed the issuance of summons to show cause, the production of details of undisclosed assets, and listed the matter for future procedure regarding service and pleadings.
What did the court decide?
Summoned respondents to show cause within 30 days and directed disclosure of undisclosed assets under Sub-section (3-A) of the Act.