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Since the advent of IBC, the issue relating to the right of subrogation of the surety under Sections 140 and 141 of the Indian Contracts Act, 1872 has become a talking point…

Shruti S Sareen, Associate Partner & Bhavya Guliani, Trainee Associate The Doctrine of Indoor Management  famously known as Turquand’s Law is a 150 year old rule which protects outsiders against the actions…