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Locating IBC Within Constitutional Order

Beyond a Sectoral Dispute The Supreme Court’s recent decision in State Bank of India v. Union of India [2026 Livelaw (SC) 152] will inevitably be described as a telecom ruling. It is more than that. At its heart lies a question that goes to the architecture of the Insolvency and Bankruptcy Code, 2016 (IBC): when…

Financial Creditors and Operational Creditors under the Insolvency and Bankruptcy Code, 2016 – Legal Service India

Introduction The Insolvency and Bankruptcy Code, 2016 (IBC), is an Act to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons and partnership firms. The primary objective of the Code is to ensure timely resolution, preserve enterprise value, promote the availability of credit, and balance the interests of all stakeholders.…

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