INTRODUCTION
In Part I of the Year End Wrap (available here), we analysed some of the empirical data on recoveries and investments under the Code as well as impact of legislative/regulatory amendments on investments and acquisitions under the Code. In Part II, we have analysed some of the significant judicial pronouncements and their impact on the investor community as well as other stakeholders.
JUDICIAL DEVELOPMENTS
The year 2022 witnessed the pronouncement of crucial decisions by the NCLTs and landmark precedents by the Supreme Court on the broad themes of, inter alia, (a) treatment of contingent claims, (b) scope and extent of review by NCLTs; (c) status of personal guarantors under the Code; (d) attach…
Read the full article at: https://www.natlawreview.com/article/recent-judicial-developments-insolvency-and-bankruptcy-code-2016-part-2