Trade Unions can file as operational creditors under IBC: Supreme Court

Trade Unions can file as operational creditors under IBC: Supreme Court
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While setting aside an NCLAT ruling, the Supreme Court has held that a trade union, for the purpose of triggering insolvency, can be an operational creditor (JK Jute Mill Mazdoor Morcha vs Juggilal Kamlapat Jute Mills).

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