Misuse of Insolvency and Bankruptcy Code by loan defaulters has tendency to badly impact economy: HC, ETLegalWorld
Mumbai, The Bombay High Court has deprecated the misuse of provisions of the Insolvency and Bankruptcy Code (IBC) by loan defaulters and guarantors to “wear a cloak of immunity” by triggering a moratorium, and said this practice has the tendency to adversely impact the country’s economy. A bench of Justices Manish Pitale and Shreeram Shirsat, […]








