New precedents and conflicting judgments by the Supreme Court and NCLTs are adding complexity to Insolvency and Bankruptcy Code (IBC) cases, calling for urgent reforms and fast-track benches
The insolvency and bankruptcy code simply isn't working, despite dozens of amendments and good intent. An inside look at its flaws, and how to make it work - Issue Date: Aug 06, 2023
The Supreme Court has ruled that the Insolvency and Bankruptcy Code (IBC) overrides the provision of the Electricity Act, 2003, in view of Section 238 of the IBC.