In a recent judgment, the Supreme Court of India, while keeping up the efforts of plugging various loopholes in the Insolvency & Bankruptcy Code, 2016 ("Code"), decided an interesting legal issue relating to the scope of Section 5(20) of the Code, which provides the definition of "operational creditor".
source https://www.caclubindia.com/articles/whether-operational-creditor-includes-purchaser-of-goods-and-services-47024.asp
source https://www.caclubindia.com/articles/whether-operational-creditor-includes-purchaser-of-goods-and-services-47024.asp
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