Are disputes arbitrable after Section 7 IBC petition is filed? Supreme Court answers [Read Judgment]

"The trigger point is not the filing of the application under Section 7 of IBC but admission of the same on determining default," the Court observed.
Are disputes arbitrable after Section 7 IBC petition is filed? Supreme Court answers [Read Judgment]

The Supreme Court on Friday clarified as to when disputes would be arbitrable in cases wherein a petition for the initiation of corporate insolvency resolution process has been filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) [Indus Biotech Private Limited v. Kotak India Venture (Offshore) Fund & Ors].

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