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The case revolves around Hindustan Construction Company Limited and others challenging certain provisions of the Arbitration and Conciliation Act and the Insolvency and Bankruptcy Code The petitioners argue that these
...provisions hinder their ability to recover dues promptly from government bodies due to delays in arbitration proceedings and discriminatory treatment under the insolvency laws Specifically they challenge the constitutionality of Section of the Arbitration and Conciliation Act inserted by the Amendment Act and certain provisions of the Insolvency and Bankruptcy Code alleging arbitrariness and violation of constitutional rights