Constitutional validity of amendments made to the Insolvency and ...
Court Upholds Validity of IBC Amendments: Real Estate Allottees Classified as "Financial Creditors" Under 2016 Code.
August 12, 2019
Case Laws Insolvency and Bankruptcy SC
Constitutional validity of amendments made to the Insolvency and Bankruptcy Code, 2016 - allottees of real estate projects deemed to be “financial creditors” - The explanation together with the deeming fiction added by the Amendment Act is only clarificatory of this position in law.
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