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    HomeNewsOpinionSupreme Court allows some discretion in corporate insolvency proceedings

    Supreme Court allows some discretion in corporate insolvency proceedings

    The Court has rightly refused to take a mechanistic view of the Insolvency and Bankruptcy Code and, allowing discretion in very exceptional cases, has stopped apparently healthy companies being pushed into insolvency proceedings which may disastrously end up being self-fulfilling

    Jayant Thakur
    July 26, 2022 / 11:33 IST
    Representative image.
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