https://www.taxtmi.com/caselaws?id=389031 The Supreme Court set aside interim orders of Odisha High Court in insolvency proceedings under the IBC, emphasizing NCLT's exclusive jurisdiction and the overriding effect of IBC. It highlighted workmen and employees' rights to file claims under IBC regulations and allowed interested parties to participate in auction proceedings while upholding the Resolution Professional's rights to contest objections. The judgment clarified High Courts' jurisdictional boundaries, protected workmen and employees' rights, and permitted parties to seek remedies within the IBC framework. en-us Mon, 18 Nov 2019 00:00:00 +0530 Tue, 19 Jul 2022 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389031 The Supreme Court set aside interim orders of Odisha High Court in insolvency proceedings under the IBC, emphasizing NCLT's exclusive jurisdiction and the overriding effect of IBC. It highlighted workmen and employees' rights to file claims under IBC regulations and allowed interested parties to participate in auction proceedings while upholding the Resolution Professional's rights to contest objections. The judgment clarified High Courts' jurisdictional boundaries, protected workmen and employees' rights, and permitted parties to seek remedies within the IBC framework. Case-Laws Insolvency and Bankruptcy Mon, 18 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389031