Consent Before Claim: Why a Society’s Mandate Is Not Enough in the IBC Arena
Introduction When a body of individuals, each holding a legitimate financial stake in a failing corporation, chooses to consolidate their strength by delegating authority to a registered society for legal action, the question arises: Does the efficiency of the collective supersede the explicit rights of the individual under law? The NCLAT1, Delhi in Sumer Radius Realty Pvt. Ltd. Versus Avenue […]
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