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Dive into the groundbreaking Supreme Court ruling on Byju’s insolvency case, which redefines the use of Rule 11 and reaffirms the importance of procedural safeguards under Section 12A of the IBC. This episode unpacks the legal nuances, critiques the NCLAT’s approach, and highlights the limitations of inherent powers of Tribunals when procedural framework is laid out under the law.
Dive into the groundbreaking Supreme Court ruling on Byju’s insolvency case, which redefines the use of Rule 11 and reaffirms the importance of procedural safeguards under Section 12A of the IBC. This episode unpacks the legal nuances, critiques the NCLAT’s approach, and highlights the limitations of inherent powers of Tribunals when procedural framework is laid out under the law.