Case Law Details
Case Name : Pani Logistics Vs Vikash G Jain RP of Sona Alloys Pvt. Ltd. (NCLT Ahmedabad)
Appeal Number : IA No. 431 of 2021
Date of Judgement/Order : 06/02/2023
Related Assessment Year :
Courts :
NCLT
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Pani Logistics Vs Vikash G Jain RP of Sona Alloys Pvt. Ltd. (NCLT Ahmedabad)
NCLT Ahmedabad held that conjoint reading of Section 30 & Section 53 of IBC shows that the Financial Creditors are placed at a higher priority than Operational Creditors. Hence, as the Financial Cred
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