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<h1>Supreme Court Upholds Sections 95-100 of IBC 2016, Emphasizes Efficiency and Fairness in Insolvency Proceedings.</h1> The Supreme Court's decision in the case involving the Union of India examines the constitutional validity of Sections 95 to 100 of the Insolvency and Bankruptcy Code (IBC), 2016. The Court clarified that these sections do not require judicial adjudication in initial stages, emphasizing procedural efficiency. It highlighted the importance of moratorium provisions and strict adherence to statutory timelines to protect debtors. The judgment affirmed the debtor's participatory rights, ensuring no violation of natural justice. It also stressed the independent role of the adjudicating authority, requiring a fair process. This decision underscores balancing efficiency with fairness in insolvency proceedings.
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