How Will Mandatory CCI Approval Impact IBC Timelines Post Independent Sugar Corporation Judgment?
Introduction On January 29th 2025, the Supreme Court introduced a critical regulatory checkpoint for acquisitions of distressed companies with the aim to further tighten the merger control safeguards in the evolving insolvency landscape. The case, Independent Sugar Corporation Ltd. v. Girish Sriram Juneja & Ors.1 has upended settled practices by mandating that Competition Commission of India (CCI) approvals must be […]
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