Sunday, August 21, 2022

SC order on IBC jolts bankers, lawyers

They said the ruling could deflate an already delayed process under the Insolvency and Bankruptcy Code (IBC) and will most likely be used by unscrupulous promoters to argue against the admission of cases, potentially denting the potency of the dedicated recovery mechanism.

from Banking/Finance-Industry-Economic Times https://ift.tt/hHqAwft

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