CAN A SEPARATE CLASS OF CREDITORS BE CREATED WITHIN OPERATIONAL CREDITORS: ANALYSIS OF THE JUDGMENT IN NCC LTD. V. GOLDEN JUBILEE HOTELS PVT. LTD. AND ORS.

Adv. Lazim Vengattil, Associate, Alishahz Legal LLP The judgment in NCC Ltd. v. Golden Jubilee Hotels Pvt. Ltd. and Ors.  (Comp. App. (AT) (Ins.) No. 426 of 2020 & I.A. No. 1702, 2198, 2199 of 2023) examines the legality of creating a subclass within operational creditors and whether differential treatment […]

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