SC Ruling in Rainbow Papers Limited – The debate on priority of Statutory Dues under IBC

IBC INDIA: The decision of the Hon’ble Supreme Court in the case of STATE TAX OFFICER (1) v RAINBOW PAPERS LIMITED rendered under the Insolvency and Bankruptcy Code (IBC) has ruled on a significant aspect of priority of Government dues. https://aureuslaw.com/sc-ruling-in-rainbow-papers-limited-the-debate-on-priority-of-statutory-dues-under-ibc/

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