Supreme Court directs IBBI to review and clarify NCLT order service processes for improved insolvency case handling.

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....Ambiguity in service of orders by NCLT; Role of Insolvency and Bankruptcy Board of India (IBBI) - The Supreme Court decided to involve the Insolvency and Bankruptcy Board of India (IBBI) to address these issues. The IBBI was tasked with examining whether the existing process required any clarification, modification, or simplification to ensure smoother proceedings in such cases.....