Other Laws Archive

SWISS RIBBONS PVT. LTD. & ANR. V. UNION OF INDIA & ORS. COMPREHENDING THE UNDERPINNINGS OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016

“The defaulter’s paradise is lost. In its place, the economy’s rightful position has been regained”, this is how the Supreme Court summed up the judgment upholding the constitutional validity of various provisions of the Insolvency and Bankruptcy Code, 2016 (herein referred to as “Code”). The Code paves way for a consolidated and un-bifurcated exhaustive law …