Authored by – Mr. Anirudh Mittal* Abstract Recent Indian Supreme Court and NCLAT judgments have fundamentally challenged the finality of approved insolvency resolution plans under the Insolvency and Bankruptcy Code, 2016, by distinguishing between time-barred ‘grievances’ and non-barred ‘illegality’. While the IBC enforces strict 45-day appeal deadlines for ordinary disputes, courts have shown willingness to […]
Authored by – Mr. Anirudh Mittal* Abstract Recent Indian Supreme Court and NCLAT judgments have fundamentally challenged the finality of approved insolvency resolution plans under the Insolvency and Bankruptcy Code, 2016, by distinguishing between time-barred ‘grievances’ and non-barred ‘illegality’. While the IBC enforces strict 45-day appeal deadlines for ordinary disputes, courts have shown willingness to […]