Proceedings under IBC do not exclude Court Jurisdiction to Entertain Section 11 Applications under A&C Act: Delhi HC [Read Order]

Proceedings under IBC do not exclude Court Jurisdiction to Entertain Section 11 Applications under A&C Act, rules Delhi HC
Proceedings under IBC - Delhi HC - Insolvency and Bankruptcy Code - taxscan

In a recent decision, the Delhi High Court held that the proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC) do not exclude court jurisdiction to entertain Section 11 applications under the Arbitration and Conciliation Act, 1996 (A&C Act). The disputes between the parties have arisen in context of a tender process initiated by the…

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