Insolvency and Bankruptcy Code

Blog, News, Insolvency and Bankruptcy Code

July 24, 2024

AA Rightly Rejected Sec 7 Plea From Home Buyers for Failing to Meet Required Allottees Threshold | NCLAT

Case Details: Pankaj Mehta v. … Continue reading “AA Rightly Rejected Sec 7 Plea From Home Buyers for Failing to Meet Required Allottees Threshold | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

July 16, 2024

Unpaid Rental Dues and GST by CD Under Lease Deed Treated as Operational Debt u/s 5(21) of IBC | NCLAT

Case Details: Vaibhav Aggarwal v. … Continue reading “Unpaid Rental Dues and GST by CD Under Lease Deed Treated as Operational Debt u/s 5(21) of IBC | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

July 15, 2024

AA Rightly Approved Resolution Plan of SRA, Affirming CoC’s Unanimous Commercial Decision and Viability Assessment | NCLAT

Case Details: Madhukar Shetty Ex-Director … Continue reading “AA Rightly Approved Resolution Plan of SRA, Affirming CoC’s Unanimous Commercial Decision and Viability Assessment | NCLAT”

News, Blog, Insolvency and Bankruptcy Code

July 11, 2024

NCLT Rightly Rejects Sec. 7 Plea Filed by Real Estate Allottee for Failing to Meet Threshold Requirements | NCLAT

Case Details: Rita Malhotra v. … Continue reading “NCLT Rightly Rejects Sec. 7 Plea Filed by Real Estate Allottee for Failing to Meet Threshold Requirements | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

July 8, 2024

HC Upholds Liquidator’s Suspension for Conflict of Interest and Inflated Billing Practices

Case Details: Sundaresh Bhat v. … Continue reading “HC Upholds Liquidator’s Suspension for Conflict of Interest and Inflated Billing Practices”

Blog, News, Insolvency and Bankruptcy Code

July 4, 2024

AA Rightly Orders Liquidation as Corporate Debtor Having One Valuable Asset Couldn’t Be Sold as a Going Concern | NCLAT

Case Details: Amit Ahirrao v. … Continue reading “AA Rightly Orders Liquidation as Corporate Debtor Having One Valuable Asset Couldn’t Be Sold as a Going Concern | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

July 1, 2024

IBBI Introduces E-Forms to Monitor ‘Voluntary Liquidation Processes’

CIRCULAR No. IBBI/LIQ/74/2024, Dated: 28.06.2024 … Continue reading “IBBI Introduces E-Forms to Monitor ‘Voluntary Liquidation Processes’”

Blog, News, Insolvency and Bankruptcy Code

July 1, 2024

IBBI Issues New E-Forms to Streamline Liquidation Reporting for Insolvency Professionals

CIRCULAR No. IBBI/LIQ/73/2024; Dated: 28-06-2024 … Continue reading “IBBI Issues New E-Forms to Streamline Liquidation Reporting for Insolvency Professionals”

Blog, News, Insolvency and Bankruptcy Code

June 28, 2024

NCLAT Upholds NCLT’s Order to Return Resolution Plan to CoC as Appellant-SRA Agreed to Reconsider the Matter

Case Details: Noble Marine Metals … Continue reading “NCLAT Upholds NCLT’s Order to Return Resolution Plan to CoC as Appellant-SRA Agreed to Reconsider the Matter”

Blog, News, Insolvency and Bankruptcy Code

June 27, 2024

Plea for Condonation of Delay in Filing Appeal Rejected as Appellant Failed to Appear Before AA Despite Serving of Notice | Appellate Tribunal

Case Details: Sciknow Techno Solutions … Continue reading “Plea for Condonation of Delay in Filing Appeal Rejected as Appellant Failed to Appear Before AA Despite Serving of Notice | Appellate Tribunal”