BACKGROUND- The BCCI had moved the plea to initiate Corporate Insolvency Resolution Process (“CIRP”) against the Corporate Debtor for a defau
BACKGROUND- The BCCI had moved the plea to initiate Corporate Insolvency Resolution Process (“CIRP”) against the Corporate Debtor for a defau
CASE TITLE – State Bank of India and Ors. v. The Consortium of Mr Murari Lal Jalan and Mr Florian Fritsch and Anr. CASE NUMBER – 2024 INSC 51 (
Introduction Though the terms “insolvency” and “bankruptcy” are frequently used interchangeably in everyday speech, they ha