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Historical Evolution Of CCI Approval Requirements Under The IBC: From Legislative Silence To Statutory Mandate

IJLLR Journal
Risha Yadav, Amity Law School, Noida ABSTRACT This chapter traces the regulatory evolution of Competition Commission of India (CCI) prior approval requirements within India's Corporate Insolvency Resolution Process (CIRP), spanning the enactment of the Insolvency and Bankruptcy Code, 2016 through the Supreme Court's judgment in Independent Sugar Corporation Ltd. v. Girish Sriram Juneja in January 2025. The IBC's initial silence on the sequencing of CCI approval created substantial uncertainty...