Madras High Court Directs SBI to Pursue IBC Relief before NCLT over Attachment Order as Matter Involves Insolvency & Bankruptcy of Corporate Persons [Read Order]

By Devanand T R - On September 17, 2023 3:15 pm - 2 mins read
Madras High Court Directs SBI - IBC Relief -IBC- SBI - NCLT over Attachment Order - Insolvency and Bankruptcy of Corporate Persons - taxscan

The High Court of Madras has directed the State Bank of India (SBI) to pursue relief under the Insolvency and Bankruptcy Code, 2016 (IBC) before the National Company Law Tribunal (NCLT). The High Court ruled that as the matter involved Insolvency and Bankruptcy of Corporate Persons it falls under the purview of the IBC and…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader