NEW DELHI The Supreme Court on Friday upheld the constitutional validity of the Insolvency and Bankruptcy Code (IBC).
A Bench headed by Justice R.F. Nariman said they have upheld the constitutional validity in its entirety.
The court, however, said that related parties in the Act should mean a person connected with the business.
The Bench disposed of a batch of pleas filed by companies challenging various provisions of the IBC.
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