A short excerpt on the recent judgment of a five-member special bench of the National Company Law Appellate Tribunal (NCLAT), wherein it held that the NCLAT has the power to recall its own orders on s...
Published On: 12/06/2020
Practice Area: Insolvency & Restructuring
Authors:
Sudipta Routh
Pooja Dadoo
What started as a health crisis has transformed rapidly into a pitched battle between lives and livelihoods. The Organization for Economic Cooperation and Development apprehends that the global economy will suffer the biggest peace-time downturn in a century, with equally uncertain and unquantifiable views emerging from the World Bank, International Monetary Fund, and rating agencies.
