operational creditor Current Affairs, GK & News

Supreme Court Upholds Constitutional Validity of Insolvency & Bankruptcy Code

The Supreme Court has upheld the constitutional validity of the Insolvency & Bankruptcy Code. The petitioners had questioned the Insolvency & Bankruptcy Code based on the following grounds: The constitutional validity of IBC was questioned as a violation of Article 14 of the Constitution. The petitioners argued that IBC doesn’t make an intelligible differentiation in ..