Supreme Court on IBC and Doctrine of Novation.

Today second Position on J the app, rlates to an IBC matter and examines the Supreme court obervation on Doctrine of Novation The case presents a significant examination of four central insolvency law themes: the scope of Section 10A, the doctrine of novation in restructuring arrangements, the limited jurisdiction of the Adjudicating Authority at the Section 7 admission stage, and the boundaries of judicial intervention in the commercial wisdom of the Committee of Creditors (CoC), especially in the context of post-admission settlement offers.