NCLT Mumbai Sets Aside MIDC’s Cancellation of Jet Airways’ Plot Allotments; Holds Statutory Authorities Cannot Defeat Insolvency Process Through Unilateral Administrative ActionBy Anvita DwivediJuly 9, 2026 In a significant ruling reinforcing the supremacy of the Insolvency and Bankruptcy Code, 2016 (IBC) over unilateral administrative action affecting…
