SC reserves judgment on plea challenging validity of IBC
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The Supreme Court on Tuesday reserved its judgment in petitions moved by operational creditors challenging the validity of Insolvency and Bankruptcy Code (IBC).
A two-judge Bench of Justice Rohinton Fali Nariman and Justice Navin Sinha was hearing the petitions moved by several operational creditors alleging discriminatory treatment given to a certain class of operational creditors and that IBC was unfair as it was protecting the rights of only financial creditors. #casansaar (Source - Business Standard)
A two-judge Bench of Justice Rohinton Fali Nariman and Justice Navin Sinha was hearing the petitions moved by several operational creditors alleging discriminatory treatment given to a certain class of operational creditors and that IBC was unfair as it was protecting the rights of only financial creditors. #casansaar (Source - Business Standard)
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