The High Court of Bombay has disposed of the writ petition filed by Innoventive Industries challenging the vires of the Insolvency & Bankruptcy Code, 2016 (Code).
In December 2016, a petition at the Mumbai Bench of National Company Law Tribunal (NCLT) was filed by ICICI Bank in its capacity as a financial creditor under Section 7(1) of the Code against Innoventive Industries . . .
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