October 19, 2026
Business

Can firms withhold payments to sanctioned suppliers without facing insolvency?(Soban News)

The issue has surfaced after the NCLT Ahmedabad, in a 26 March order, held that foreign sanctions cannot be used as a defence to avoid payment of dues to operational creditors such as suppliers and vendors.

​The issue has surfaced after the NCLT Ahmedabad, in a 26 March order, held that foreign sanctions cannot be used as a defence to avoid payment of dues to operational creditors such as suppliers and vendors. by Soban News (international And National News)

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