Limitation under Insolvency & Bankruptcy Code: A tale of two judgements?

“…It was the best of times, it was the worst of times….” (Charles Dickens, a Tale of Two Cities, 1859) The Insolvency & Bankruptcy Code (IBC) was projected and portrayed as a mirage and a revolution in the law governing reorganisation and liquidation. Embodied as a self-sufficient code on the issue, the Act underwent fine-tuning…

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