Constitutional validity of some of the provisions of the IBC - ...

Insolvency and Bankruptcy

September 2, 2021

Constitutional validity of some of the provisions of the IBC - Government companies to be equated with State or not - It is not an arm of the State. It is usually performing a commercial or/and business functions. A Government Company cannot be equated with a State authority, like National Highway Authority of India (NHAI), which is performing statutory functions or like other Departments, like Postal, Telegraph or the Railways or Public Works Department. - HC

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Constitutional validity of some of the provisions of the IBC - ...

Insolvency and Bankruptcy

September 2, 2021

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