×
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

SC upholds constitutional validity of IBC

Last Updated : 25 January 2019, 06:26 IST
Last Updated : 25 January 2019, 06:26 IST

Follow Us :

Comments

The Supreme Court on Friday upheld the constitutional validity of the Insolvency and Bankruptcy Code (IBC).

A bench headed by Justice R F Nariman said they have upheld the constitutional validity "in its entirety".

The court, however, said that related parties in the act should mean a person connected with the business.

The bench disposed of a batch of pleas filed by companies challenging various provisions of the IBC.

ADVERTISEMENT
Published 25 January 2019, 06:22 IST

Deccan Herald is on WhatsApp Channels| Join now for Breaking News & Editor's Picks

Follow us on :

Follow Us

ADVERTISEMENT
ADVERTISEMENT