national company law appellate tribunal
Case BriefsTribunals/Commissions/Regulatory Bodies

NCLAT observed that the principal objective of the IBC is ‘revival of the Corporate Debtor and Resolution’ and therefore “Liquidation ought to be the last resort, keeping in view the scope and spirit of the Code.”

Op EdsOP. ED.

by Deepanshi Gupta*and Aadesh Shinde**

Case BriefsHigh Courts

Madras High Court: V. Parthiban, J., expressed that plea of public interest in a private loan transaction is only a mask to