Photo of Niharika Shukla

Senior Associate in the Disputes Resolution Practice at the Delhi-NCR office of Cyril Amarchand Mangaldas. Niharika focuses on litigations and arbitrations emanating from complex contractual and corporate commercial disputes. She can be reached at niharika.shukla@cyrilshroff.com

CCI Nod Mandatory Before Committee Of Creditors’ Approval Under The Code, Says Supreme Court

The Hon’ble Supreme Court of India (“Court”) recent judgment in Independent Sugar Corporation Ltd. v. Girish Sriram Juneja, 2025 SCC Online Sc 181 is a landmark decision. It highlights the interplay between the Insolvency and Bankruptcy Code, 2016 (“Code”), and the Competition Act, 2002 (“Competition Act”), in the context of resolution plans involving combinations that may have an appreciable adverse effect on competition (“AAEC”) in the relevant market.Continue Reading CCI Nod Mandatory Before Committee Of Creditors’ Approval Under The Code, Says Supreme Court