NCLT has jurisdiction over contractual disputes that arise solely on ground of insolvency: Supreme Court

When a dispute arises solely on the ground of the insolvency of the Corporate Debtor, the NCLT is empowered to adjudicate such a dispute under Section 60(5)(c) of the Insolvency and Bankruptcy Code, the Court held.
NCLT has jurisdiction over contractual disputes that arise solely on ground of insolvency: Supreme Court
Justices DY Chandrachud, MR Shah

The National Company Law Tribunal (NCLT) has jurisdiction over contractual disputes that arise solely on account of insolvency, the Supreme Court ruled on Monday (Gujarat Urja Vikas Nigam Limit v. Amit Gupta).

Want to read the full story?

We’re glad you’re enjoying this story. Subscribe to any of our plans to continue reading the story.

Already have an account? Login
No stories found.
Bar and Bench - Indian Legal news
www.barandbench.com