PREVIOUS
✖
Section 32 A of the Insolvency and Bankruptcy Code
January 26 , 2021
1274 days
926
0
- The Supreme Court recently upheld the validity of Section 32 A of the Insolvency and Bankruptcy Code.
- Under its judgement, the apex court pronounced that the successful bidders for a corporate debtor will be immune from any investigations conducted by an investigating agency (like Enforcement Directorate or other statutory bodies such as SEBI).
- The Section 32A provides immunity to the corporate debtor and its property.
Leave a Reply
Your Comment is awaiting moderation.