From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.Experts hail SC ruling on creditor’s claim in insolvency-linked dispute between two Bengaluru firms
RSS excerpt
The Supreme Court has ruled that a creditor whose claim was largely extinguished under an insolvency resolution plan can still use it as a counterclaim for set-off in subsequent arbitration, but cannot independently seek recovery of the extinguished amount.
