Business Standard

Letter to BS: Supreme Court endorses the Insolvency and Bankruptcy Code

Perhaps it is time for separate tribunal/s with powers of the high court to be formed to fast-track all cases pertaining to several commercial laws

Supreme Court
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A general view of the Supreme Court after the Ayodhya hearing was rescheduled to January 29. Photo: Aashish Aryan

Business Standard
Apropos your lead editorial, “A resounding nod”, (January 29) on the judgment given by a two-judge bench of the Supreme Court on petitions questioning several aspects of the Insolvency and Bankruptcy Code, I would say that the judges deserve kudos. They have taken a practical, business-like stand on this important new law, unlike many legal minds who miss the spirit of the law.

Perhaps it is time for separate tribunal/s with powers of the high court to be formed to fast-track all cases pertaining to several commercial laws. This would not only ensure timely justice but also improve cash flow for

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First Published: Jan 29 2019 | 8:57 PM IST

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