Insolvency and Bankruptcy Code

Blog, News, Insolvency and Bankruptcy Code

September 27, 2024

Property Tax Dues Pre-Dating CIRP Approval Can’t Be Claimed by MCD | Petitioner to Pay Post-CIRP Dues

Case Details: Bhushan Power & … Continue reading “Property Tax Dues Pre-Dating CIRP Approval Can’t Be Claimed by MCD | Petitioner to Pay Post-CIRP Dues”

Blog, News, Insolvency and Bankruptcy Code

September 26, 2024

IBBI Bars Late Selection of Insolvency Professional as Authorised Representative Under Amended IRP Norms

Notification No. IBBI/2024-25/GN/REG116; Dated: 24.09.2024 … Continue reading “IBBI Bars Late Selection of Insolvency Professional as Authorised Representative Under Amended IRP Norms”

Blog, News, Insolvency and Bankruptcy Code

September 25, 2024

HC Quashes Pre-Insolvency Dues Claim | Orders Power-Co. to Provide New Electricity Connection for Petitioner

Case Details: Reliance Infratel Ltd. … Continue reading “HC Quashes Pre-Insolvency Dues Claim | Orders Power-Co. to Provide New Electricity Connection for Petitioner”

Blog, News, Insolvency and Bankruptcy Code

September 24, 2024

NCLAT Upholds Plea u/s 95 as Timely Filed Due to Debt Acknowledgment and SC’s Exclusion of COVID Period

Case Details: Jagdishchandra Mansukhani v. … Continue reading “NCLAT Upholds Plea u/s 95 as Timely Filed Due to Debt Acknowledgment and SC’s Exclusion of COVID Period”

Blog, News, Insolvency and Bankruptcy Code

September 13, 2024

Writ Plea Limiting Guarantor’s Liability in CIRP Disposed Of, HC Directs AA to Resolve Claims Impacting Entire CIRP Process

Case Details: Seeta Shah v. … Continue reading “Writ Plea Limiting Guarantor’s Liability in CIRP Disposed Of, HC Directs AA to Resolve Claims Impacting Entire CIRP Process”

Blog, Insolvency and Bankruptcy Code

September 10, 2024

Overview of the Insolvency and Bankruptcy Code | A Comprehensive Summary

The Insolvency and Bankruptcy Code … Continue reading “Overview of the Insolvency and Bankruptcy Code | A Comprehensive Summary”

News, Blog, Insolvency and Bankruptcy Code

September 10, 2024

Moratorium Commences on First Financial Creditor’s Application, Regardless of Subsequent Registrations | NCLAT

Case Details: Sangita Arora v. … Continue reading “Moratorium Commences on First Financial Creditor’s Application, Regardless of Subsequent Registrations | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

September 9, 2024

Arbitrator Rightly Dismissed FC’s Counterclaim Against CD as Resolution Plan Extinguished All Pending Arbitration Claims

Case Details: West Bengal Power … Continue reading “Arbitrator Rightly Dismissed FC’s Counterclaim Against CD as Resolution Plan Extinguished All Pending Arbitration Claims”

Blog, News, Insolvency and Bankruptcy Code

September 6, 2024

Appellant Was to Be Allowed to Submit Fresh RP and EoI After BSE Revoked Debarment from Securities Market | SC

Case Details: Aggarsain Spinners Ltd. … Continue reading “Appellant Was to Be Allowed to Submit Fresh RP and EoI After BSE Revoked Debarment from Securities Market | SC”

Blog, News, Insolvency and Bankruptcy Code

September 5, 2024

NCLAT Dismisses Income-Tax Dept.’s Claim for Outstanding Income Tax as It Was Filed Post-Approval of Resolution Plan

Case Details: Assistant Commissioner of … Continue reading “NCLAT Dismisses Income-Tax Dept.’s Claim for Outstanding Income Tax as It Was Filed Post-Approval of Resolution Plan”