Discover and read the best of Twitter Threads about #IBCCode

Most recents (2)


Justice DY Chandrachud: You cannot withdraw from a resolution plan after it has been submitted for adjudication. {Ebix Singapore Vs Committee of Creditors of Educomp }

#SupremeCourt #IBCCode
Justice DY Chandrachud: Judicial delay was the reason why the earlier insolvency regime failed and we cannot let the same happen with the current insolvency regime which came to being after the Insolvency and Bankruptcy Code.

#SupremeCourt #IBCCode
Justice DY Chandrachud: Once the Committee of Creditors submits a resolution plan for stressed assets under #IBCCode, it cannot be modified or withdrawn by resolution applicant #supremecourt
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Verdict Alert: Justice Rohinton Fali Nariman led bench of the #SupremeCourt to shortly deliver judgment on a plea challenging the constitutional validity of Sections 3 and 10 of the Insolvency and Bankruptcy Code (Amendment) Act, 2020
#IBCcode Image
Bench assembles.

#IBC #SupremeCourt
Due to some technical glitch, the judgment could not be heard. The thread will be updated shortly.

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