Innoventive Industries Limited Vs ICICI Bank Limited (Civil Appeal Nos. 8337-8338 of 2017)

Supreme Court of India in this particular case that is Innoventive Industries Limited Vs ICICI Bank Limited (Civil Appeal Nos. 8337-8338 of 2017) has given a broad ruling regarding the rules and regulations of Insolvency Bankruptcy Code, 2016. The Court was of the view that a detail judgement is being pronounced in this case on the first application of Insolvency and Bankruptcy Code, and it will also help all other Courts and Tribunals to understand the standard change in the law.

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