Allahabad HC makes no exceptions for Power Sector when it comes to IBCAugust 30 2018
The Allahabad High Court bench of Chief Justice Dilip Bhosale and Justice Yashwant Varma has recently refused to grant interim relief to the power sector from IBC proceedings.
While the matter is pending final adjudication, including a decision on the larger issue of the vires of Sections 35AA and 35AB of the Banking Regulations Act (inserted by Ordinance in 2017), the High Court has made clear its stance that no exceptions can . . .
This content is restricted to subscribers
With a premium account you get:
- One year of unrestrcited access to previous interviews, columns and articles
- One year access to all archival material
- Access to all Bar & Bench reports