Rehabilitation Scheme Under SICA Binds All Creditors; Dues Can’t Be Recovered Post Revival Of Sick Company: Supreme Court
Mar 21, 2023
What: Rehabilitation Plan Under SICA Binds All Creditors; Debts Cannot Be Recovered After Resurrection Of Sick Company Facts: The Supreme Court has ruled that all creditors, including unsecured creditors, must abide by the rehabilitation plan outlined in Section 18 of the SICA, 1985.
