Macquarie Bank Limited v Shilpi Cable Technology Ltd, (Civil Appeal No. 15135 of 2017)

In the judgement in Macquarie Bank Limited v Shilpi Cable Technology Ltd, (Civil Appeal No. 15135 of 2017) the Supreme Court recently construed some parts of the Insolvency and Bankruptcy Code, 2016 ("Code") in a favourable way for international operating creditors. Three appeals with equivalent factual situations have been resolved by the Judge. 

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