Blog, News, Insolvency and Bankruptcy Code April 20, 2023 NCLT can Replace the Liquidator if he isn’t Holding a Valid Authorisation for Assignment Case Details: CA V. Venkata … Continue reading “NCLT can Replace the Liquidator if he isn’t Holding a Valid Authorisation for Assignment”
Blog, News, Insolvency and Bankruptcy Code April 19, 2023 NCLT Lacks Jurisdiction in Directing Corporate Debtor to Allow Windmill Operation without Forest Clearances: HC Case Details: Principal Chief Conservator … Continue reading “NCLT Lacks Jurisdiction in Directing Corporate Debtor to Allow Windmill Operation without Forest Clearances: HC”
Blog, News, Insolvency and Bankruptcy Code April 17, 2023 No Interference was to be made in Ongoing Proceedings despite Pending Litigation in NCLAT Case Details: Srei Equipment Finance … Continue reading “No Interference was to be made in Ongoing Proceedings despite Pending Litigation in NCLAT”
News, Blog, Insolvency and Bankruptcy Code April 16, 2023 RP could take Control of Rights over the Leasehold Rights Transferred to CD Case Details: New Okhla Industrial … Continue reading “RP could take Control of Rights over the Leasehold Rights Transferred to CD”
Blog, News, Insolvency and Bankruptcy Code April 13, 2023 RP approved by CoC with 100% voting & NCLT approval was free from legal infirmity: NCLAT Case Details: Rahul Khilnani v. … Continue reading “RP approved by CoC with 100% voting & NCLT approval was free from legal infirmity: NCLAT”
Blog, News, Insolvency and Bankruptcy Code April 12, 2023 RP Appointed under IBC is a ‘Public Servant’ u/s 2(c) of Prevention of Corruption Act 1988: HC Case Details: Sanjay Kumar Agarwal … Continue reading “RP Appointed under IBC is a ‘Public Servant’ u/s 2(c) of Prevention of Corruption Act 1988: HC”
News, Blog, Insolvency and Bankruptcy Code April 11, 2023 Application Filed u/s 10 by CD with Fraudulent Intent was Rightly Rejected by NCLT Case Details: Wave Megacity Centre … Continue reading “Application Filed u/s 10 by CD with Fraudulent Intent was Rightly Rejected by NCLT”
Blog, News, Insolvency and Bankruptcy Code April 10, 2023 NCLT’s CIRP Plea Admission was Overturned as IBC doesn’t cover Increased Interest Recovery Case Details: Anita Jindal v. … Continue reading “NCLT’s CIRP Plea Admission was Overturned as IBC doesn’t cover Increased Interest Recovery”
Blog, News, Insolvency and Bankruptcy Code April 6, 2023 Resorting to Alternative Remedy of Appeal to NCLAT Bars Collateral Challenge via Writ Petition: HC Case Details: Reji Sivankutty v. … Continue reading “Resorting to Alternative Remedy of Appeal to NCLAT Bars Collateral Challenge via Writ Petition: HC”
Blog, News, Insolvency and Bankruptcy Code March 29, 2023 CIRP plea against the corporate debtor was rightly rejected on ground of pre-existing dispute Case Details: Talbot & Company … Continue reading “CIRP plea against the corporate debtor was rightly rejected on ground of pre-existing dispute”