Delhi HC Refuses to Assume Territorial Jurisdiction in case against IBBI, Notes Underlying CIRP is before NCLT Bengaluru [Read Order]
The Delhi High Court recently dismissed a writ petition, noting that it cannot invoke territorial jurisdiction to hear a matter against the Insolvency and Bankruptcy Board of India (IBBI) merely due to the fact that the IBBI had its presence in Delhi when the underlying Corporate Insolvency Resolution Process (CIRP) which formed the basis for…

