The Hindu BusinesslineApr 3Commercial judgments, and the ability to pay upOn March 30, two independent orders /judgments were delivered, one by NCLT and the other by Madras High court, with financial implications of ₹1,337 crore and ₹12,381 crore respectively.The remit of this piece is not to analyse in depth the merits of the respective orders nor comment in any manner on their correctness. The scope is restricted to whether judgments should be mindful of the commercial feasibility of implementing the orders before they are pronounced.Speaking to a cross section of lawyers brought out divergent views on the subject, so a discussion on it seems relevant.Read More At The Hindu Businessline
On March 30, two independent orders /judgments were delivered, one by NCLT and the other by Madras High court, with financial implications of ₹1,337 crore and ₹12,381 crore respectively.The remit of this piece is not to analyse in depth the merits of the respective orders nor comment in any manner on their correctness. The scope is restricted to whether judgments should be mindful of the commercial feasibility of implementing the orders before they are pronounced.Speaking to a cross section of lawyers brought out divergent views on the subject, so a discussion on it seems relevant.Read More At The Hindu Businessline
