Strengthening Creditor Rights in CIRP

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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…

Posted by

Rawlaw December 30, 2024

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