Supreme Court: SC/ST Act Does Not Apply to Alleged Casteist Abuse Inside a Private House  ||  Supreme Court: Frictionless Relationship Between the Bar and the Bench Strengthens Justice Delivery  ||  Delhi High Court: Eviction From Jhuggis With Rehabilitation Does Not Violate Article 21  ||  Madras HC: Courts Cannot Remain Silent When Single Disputed Vote Could Determine Government’s Fate  ||  Allahabad HC Blamed State and Police For Delays and Ordered Reforms to Tackle “Tarikh Pe Tarikh”  ||  Supreme Court: Banks Cannot Invoke IBC Against Debtors For Builder-Linked Loans  ||  Supreme Court: Non-Disclosure of Failed Candidates’ Marks Does Not Imply They Passed Exams  ||  Supreme Court: Murder Accused Cannot Inherit Property of the Person Allegedly Killed  ||  Supreme Court: Delay in Deposit Does Not Automatically Cancel Contracts under Specific Relief Act  ||  SC: Railways is Treated as a Consumer under the Electricity Act, Not a Distribution Licensee    

SC: NCLT/NCLAT Cannot Interfere with Commercial Wisdom of Committee of Creditors - (11 Mar 2021)

INSOLVENCY

Supreme Court has reiterated that the National Company Law Tribunal (NCLT) or the National Company Law Appellate Tribunal (NCLAT) cannot interfere with the 'commercial wisdom' of the Committee of Creditors (CoC), except within the limited scope under Sections 30 and 31 of the Insolvency and Bankruptcy Code, 2016 (IBC).

Tags : SUPREME COURT   COMMERCIAL WISDOM OF COMMITTEE OF CREDITORS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved