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IBC - Highlights / Catch Notes

Home Highlights May 2024 Year 2024 This

Ambiguity in service of orders by NCLT; Role of Insolvency and ...

Case Laws     Insolvency and Bankruptcy

May 20, 2024

Ambiguity in service of orders by NCLT; Role of Insolvency and Bankruptcy Board of India (IBBI) - The Supreme Court decided to involve the Insolvency and Bankruptcy Board of India (IBBI) to address these issues. The IBBI was tasked with examining whether the existing process required any clarification, modification, or simplification to ensure smoother proceedings in such cases.

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