Posted inNews
Supreme Court Recognizes Hypothecation Agreements as Financial Guarantees: Affirms Appellants’ Status as Financial Creditors Under IBC, Strengthening Creditor Rights in CIRP
Court’s Decision The Supreme Court overturned the National Company Law Appellate Tribunal (NCLAT) ruling, recognizing the appellants as financial creditors under the Insolvency and Bankruptcy Code, 2016 (IBC). It held…
