SBI seeks review of SC verdict that 'spectrum' does not count as an asset in IBC proceedings
The Hindu·2h ago·Neutral
What Happened
State Bank of India filed a review petition against a February Supreme Court judgment stating spectrum cannot be treated as assets in insolvency proceedings. SBI, representing Aircel creditors, argued the ruling significantly impacts lenders' risk assessment and bank financing during liquidation cases.
Key Entities
State Bank of India (SBI)Supreme CourtAircelInsolvency and Bankruptcy Code (IBC)Telecom Service ProvidersFebruary 13 judgment