Breaking: Supreme Court transfers to itself petitions challenging IBC provisions on personal guarantors

The Court said that no further writ petitions on the issue are to be entertained by any High Court.
Supreme Court
Supreme Court

The Supreme Court today agreed to transfer to itself a batch of petitions challenging Insolvency and Bankruptcy Code (IBC) provisions relating to insolvency of personal guarantors (Insolvency and Bankruptcy Board of India v. Lalit Kumar Jain & Ors).

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