SC Stays CIRP Proceedings On Behalf Of Operational Creditor Making Futuristic Claims [Read Order]
LIVELAW NEWS NETWORK
16 Aug 2020 8:23 PM IST
![SC Stays CIRP Proceedings On Behalf Of Operational Creditor Making Futuristic Claims [Read Order] SC Stays CIRP Proceedings On Behalf Of Operational Creditor Making Futuristic Claims [Read Order]](https://www.livelaw.in/h-upload/2019/10/18/750x450_365694-supreme-court-new-2.webp)
Next Story
16 Aug 2020 8:23 PM IST
In a significant order, the Supreme Court has stayed the Corporate Insolvency Resolution Process (CIRP) pending against a Corporate Debtor, in view of the "futuristic claims" made by an Operational Creditor. A three-Judge bench comprised of Justices Arun Mishra, BR Gavai and Krishna Murari has issued notice to the Insolvency Resolution Professional of Era Infra Engineering Ltd. and in...
Your support helps us to bring you more content at
an affordable subscription scheme !!!
All payment options available
