‘Prior’ CCI Approval of Resolution Plans: A Case for Legislative Amendment

Introduction

The Supreme Court's recent judgement in Independent Sugar Corporation Ltd. v. Girish Sriram Juneja & Ors.[1] has reignited the debate in respect of the timing for Competition Commission of India (“CCI”) approval for resolution plans under the Insolvency and Bankruptcy Code, 2016 (“IBC”).

Filed under:
India, Competition & Antitrust, Insolvency & Restructuring, Litigation, S&R Associates, Competition Commission of India, Insolvency and Bankruptcy Code (India)
Authors:
Rajat Sethi , Akanksha Agrahari
Location:
India
Firm:
S&R Associates