The Inviolable Commercial Zone: NCLAT Defines the Sacred Territory of CoC’s Commercial Wisdom in Non-Core Asset Sale
In the high-stakes theater of evolving insolvency law, the line between commercial prudence and judicial oversight remains fiercely contested. The very survival of a stressed corporate entity under the IBC1 is vested in preserving the corporate debtor as a going concern and maximizing the value of its assets. One of such issues is the permissible extent of the AA2‘s intervention […]
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