India’s top court clarifies NCLT jurisdiction over contractual disputes
TATA claims SK Wheels breached a facilities agreement to provide clean and functional premises for exams (Credit: Shutterstock.com/sirtravelalot)
India’s Supreme Court has provided clarity on when the country’s National Company Law Tribunals have jurisdiction to decide contractual disputes concerning debtors in insolvency resolution processes, noting the courts must consider whether the dispute affects the continuation of the company as a going concern.
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