PR-0174Principles · Banking · Wanted
Creditor in Control
Scope
The shift made by the insolvency code, under which management passes from the debtor to a professional acting for the creditors.
Authorities to start from
- Innoventive Industries Ltd. v. ICICI Bank, (2018) 1 SCC 407
- Swiss Ribbons (P) Ltd. v. Union of India, (2019) 4 SCC 17
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