Articles 21st Feb 2024

Navigating The Insolvency Maze: From Timely Resolutions To Discouraging Unnecessary Delays

Authors

Mukesh Chand Senior Counsel | Mumbai

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In a groundbreaking judgment, the Supreme Court has clarified the National Company Law Tribunal’s (NCLT) authority to recall orders and decide questions of law. The court emphasized the importance of adhering to norms in the insolvency resolution process, highlighting the adverse consequences of errors in collating claims and withholding information.

Against this backdrop, Mukesh Chand, Senior Counsel at Economic Laws Practice (ELP) has authored an article published on Mondaq.

Read the article here