SC Transfers Petition Challenging IBC Ordinance Before Delhi HC To Itself [Read Order]

The Supreme Court on Monday allowed the transfer of a petition challenging the constitutional validity of IBC (Amendment) Ordinance, 2019, from the Delhi High Court to itself. The petition titled KIC Food Products Pvt. Ltd. v. Union of India & Anr., WP (C) No. 310/2020, pending before the Delhi High Court, was the first case challenging the constitutional validity of IBC...