Article
Supreme Court Takes Suo Motu Cognizance Of NCLT Delays: What It Means For Resolution Plan Approvals Under The Insolvency And Bankruptcy Code
In a significant development for India’s insolvency regime, the Supreme Court has taken suo motu cognizance of systemic delays by the National Company Law Tribunal (NCLT) in approving resolution plans under the Insolvency and Bankruptcy Code, 2016 (IBC).
King, Stubb & Kasiva