The Supreme Court of India dismissed the appeal by the NOIDA Special Economic Zone Authority (NSEZ), confirming that commercial decisions made by a Committee of Creditors (CoC) under the Insolvency and Bankruptcy Code (IBC) cannot be interfered with lightly, even when they impact statutory dues. The Court, in Civil Appeal Nos. 5918-5919 of 2022, upheld
To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.