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The Tax PublishersInsolvency and Bankruptcy Code, 2016--Case Law Analysis
Post-Facto Leave Under IBC to Proceed Under the Arbitration and Conciliation Act, 1996
Pragya Bhandari
The learned author, in this write up, expounds the case Ravi Shankar Devarakonda v. Bharat Heavy Electricals Ltd. 2020 TaxPub(CL) 0359 (NCLT-Cuttack) : (2020) 218 CompCas 0429, dated 16-1-2020, in which the question was arose as to whether application filed under section 33(5) of the IBC, 2016 for leave of Authority to file applications under section 34 of the Arbitration and Conciliation Act, 1996,before the debtor was already under the liquidation, was to be granted.
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