Documentary Evidence like Court of Board Nominees Order, Bank statements Other than IU Records...

The NCLT has ruled that "documentary evidence" like "court or board nominee orders" and "bank statements" are "sufficient to establish a default date," even without "IU records." The tribunal's decision clarifies a key procedural aspect of the IBC. The ruling reinforces the principle that a person cannot be denied a right that is for their benefit. The court's decision is a crucial reminder to all that they must be diligent in their dealings.