Posted on by Ankur Mishra

The Limited Jurisdiction of NCLT under Section 60(5)(c) of IBC: Analysis of Tata Consultancy v. Vishal Ghisulal Jain, Resolution Professional, SK Wheels Private Limited

Section 60 of the Insolvency and Bankruptcy Code empowers the Adjudicating Authority to entertain or dispose of any question of law or facts, arising out of or in relation to the insolvency resolution or liquidation proceedings of the corporate debtor or corporate debtors under IBC. To that end, Subsection (5) of Section 60 of IBC…