NCLT Mumbai Sets Aside MIDC's Cancellation of Jet Airways' Plot Allotments;

Browsing: NCLT Mumbai Sets Aside MIDC’s Cancellation of Jet Airways’ Plot Allotments;

NCLT Mumbai Sets Aside MIDC’s Cancellation of Jet Airways’ Plot Allotments; Holds Statutory Authorities Cannot Defeat Insolvency Process Through Unilateral Administrative Action

By Anvita DwivediJuly 9, 2026

In a significant ruling reinforcing the supremacy of the Insolvency and Bankruptcy Code, 2016 (IBC) over unilateral administrative action affecting…