Insolvency and Bankruptcy Code

Blog, News, 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”

Blog, News, 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”

News, Blog, 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”

Blog, News, Insolvency and Bankruptcy Code

March 27, 2023

TDS deduction on interest payment and deposit in Form 16A proved existence of debt: NCLAT

Case Details: Pradeep Tayal v. … Continue reading “TDS deduction on interest payment and deposit in Form 16A proved existence of debt: NCLAT”

Blog, News, Insolvency and Bankruptcy Code

March 25, 2023

IRP was unjustified in excluding FC from CoC on grounds of verification of claims: NCLAT

Case Details: Edelweiss Asset Reconstruction … Continue reading “IRP was unjustified in excluding FC from CoC on grounds of verification of claims: NCLAT”

Blog, News, Insolvency and Bankruptcy Code

March 24, 2023

NCLT rejected CIRP plea u/s 94 as bank took no action against appellant-guarantor

Case Details: Amanjyot Singh v. … Continue reading “NCLT rejected CIRP plea u/s 94 as bank took no action against appellant-guarantor”