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NCLAT Aircel裁决提出挑战未来破产情况下,专家说

上诉法庭的决定,要求政府的税被清除第一尽管分类作为一个操作债权人在IBC,可能导致类似的索赔等跨领域债权人许可是一个主要的债务人的资产,使决议站不住脚,他们说。

NCLAT Aircel裁决提出挑战未来破产情况下,专家说
国家公司法上诉法庭(NCLAT)执政的频谱使用情况可能会给未来带来挑战破产的决议,因为它创建了一个类内类债权人的破产和破产代码(IBC),专家说。

上诉法庭的决定,要求政府的税被清除第一尽管分类作为一个操作债权人在IBC,可能导致类似的索赔等跨领域债权人许可是一个主要的债务人的资产,使决议站不住脚,他们说。

“他们已经创建了一个新类别的类内操作债权人,但这是一个操作债权人的合同提供了特定的权利,覆盖了IBC,“说Charanya Lakshmikumaran, Lakshmikumaran曾经律师事务所的合伙人。

对于涉及telecoAircel电信部,NCLAT依赖于频谱牌照的条款双方当事人之间的协议规则,政府费需要全部付清之前,任何转让许可证下IBC。

然而,操作等级低于金融债权人如银行债权人在IBC的53个部分,该规定的顺序优先债权人的会费欠每个类。

“如果这项决议计划提供最少的政府支出,这是技术上在IBC的褶皱,但这种负担状况,它们实际上调整部分53岁“Ajay Shaw说,卡恩合伙人合法。

专家认为这一裁决可能有更广泛的影响,不仅对破产的决议下IBC也为项目融资在矿业等其他行业,机场和药品。

“如果玩家从跨部门开始使用NCLAT为了他们的优势,它可能是一个灾难IBC因为任何许可方可以开拓自己的东西,”阿施施Bhan说,伙伴,Trilegal。

订单可能会受到债权人的挑战最高法院,这将平衡政府和银行的利益,其中大多数是公共部门银行。

达成一致的观点是,政府和公众银行处理公共资金,因此这两类债权人应该欠他们关于会费。

“应该承担的发型和表决权的比例各自类的将决定结果,“说Sajeve Deora,破产专业、添加、“在这些情况下,政府需要采取商业决定他们是否支持计划”。

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\"NCLAT<\/figure>The National Company Law Appellate Tribunal<\/a> (NCLAT<\/a>) ruling in the spectrum usage is likely to pose challenges for future insolvency resolution as it has created a class within a class of creditors under the Insolvency and Bankruptcy Code (IBC<\/a>), say experts.

The appellate tribunal\u2019s decision requiring the government\u2019s dues be cleared first despite classifying it as an operational creditor under the IBC, could lead to similar claims from such creditors across sectors where licences are a major asset of the debtor, making resolutions untenable, they said.

\u201cThey have created a new category within the class of operational creditors, but this is an operational creditor where the contract provides for a specific right that overrides the IBC,\u201d said Charanya Lakshmikumaran, partners at law firm Lakshmikumaran & Sridharan.