The Supreme Court in the case of Dharani Sugars and Chemicals Ltd. v. Union of India and Ors. vide its judgment dated 2.04.2019 struck down the circular issued by the RBI dated 12.02.2018 and that authorization from the Central Government is necessary for RBI to direct insolvency process. The constitutional validity of Sections 35AA and […]
The post RBI Circular struck down, CG along with RBI to Authorize Insolvency: Supreme Court [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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