Steno NCLT Exams Dictation No. 627

The CIRP of the Corporate Debtor JIL underwent a protracted litigation in several rounds, which need to be noticed herein for deciding this Appeal. The brief background facts giving rise to this Appeal are: Yamuna Expressway Industrial Development Authority, earlier named as Taj Expressway Industrial Development Authority was constituted under Notification issued under Uttar Pradesh Industrial Area Development Act, 1976 (the 1976 Act).