WHY SC VERDICT IN LALIT KUMAR JAIN VS UNION OF INDIA & ORS CASE WILL RING LOUD AND CLEAR ACROSS BUSINESS COMMUNITIES
May 26, 2021
A bench comprising of Hon’ble Mr. Justice Nageshwar Rao and Hon’ble Mr. Justice Ravinder Bhat (“Hon’ble Court”) vide its final Judgement and Order dated 21.05.2021 upheld the provisions of the Insolvency and Bankruptcy Code, 2016 (hereafter referred to as “the Code”) relating to the insolvency of personal guarantors, which were brought...
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