The Insolvency and Bankruptcy Code, 2016.
PART II: INSOLVENCY RESOLUTION AND LIQUIDATION FOR CORPORATE PERSONS
CHAPTER VI ADJUDICATING AUTHORITY FOR CORPORATE PERSONS
Section 62: Appeal To Supreme Court
Explanation using examples
Imagine a company, XYZ Pvt. Ltd., is undergoing corporate insolvency resolution proceedings. The National Company Law Tribunal (NCLT) passes a resolution plan, which is then challenged by a credi