Jurisdiction of NCLT under IBC on issues relating to Public Law Domain
Court :
Supreme Court of India
Brief :
Since the coming into force of Insolvency and Bankruptcy Code, 2016 (IBC) and operationalisation of National Company Law Tribunal(s) in India, various new legal issues have cropped up over the last 3 years before the NCLTs and NCLAT, which finally reached before the Hon'ble Supreme Court and still continue to reach for final determination as we speak. Some of these have already been answered/settled by the Hon'ble Supreme Court (major courtesy Hon'ble Mr. Justice R.F. Nariman) and some are still to be set at rest.
Citation :
Mobilox vs. Kirusa[
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