The National Company Law Tribunal on 12 May 2023 dismissed four Applications under Section 9 of the Insolvency and Bankruptcy Code, 2016 (the Code) for initiating the Corporate Insolvency Resolution.
The Delhi High Court while dismissing the Petitions filed under Section 34 of Arbitration and Conciliation Act, 1996 has observed that it was deemed necessary by the legislature as well as the.