Initiation of CIRP - Settlement of disputes between the parties ...
Insolvency and Bankruptcy
August 19, 2020
Initiation of CIRP - Settlement of disputes between the parties - where interests of the majority of stakeholders are in serious jeopardy, it would be inappropriate to allow settlement with only two creditors which may amount to perpetrating of injustice. Exercise of inherent powers in such cases would be a travesty of justice. - AT
View Source