The Court issued an interim stay in a batch of appeals against the NCLAT order that had refused to interfere with the penalty imposed by the CCI in 2021.
This is the first in a two-part series article analysing the recent discussion paper published by the Ministry of Corporate Affairs on 18 January 2023, proposing several major amendments to the IBC Code, 2016.
In this article, the authors set out some important developments made by the Union Budget 2023 and analyse their impact on the disputes landscape in India.