Insolvency and Bankruptcy Code

Blog, News, Insolvency and Bankruptcy Code

April 12, 2024

Appeal Against NCLAT’s Order Remanding Approved RP to NCLT Rejected as AA Passed Order Violating Sec. 419(3) of Co(s) Act | SC

Case Details: Bank of Baroda … Continue reading “Appeal Against NCLAT’s Order Remanding Approved RP to NCLT Rejected as AA Passed Order Violating Sec. 419(3) of Co(s) Act | SC”

Blog, News, Insolvency and Bankruptcy Code

April 10, 2024

Delay in Filing of Appeal Beyond Maximum Allowable Period U/s 61 of IBC Couldn’t Be Condoned | SC

Case Details: Punjab National Bank … Continue reading “Delay in Filing of Appeal Beyond Maximum Allowable Period U/s 61 of IBC Couldn’t Be Condoned | SC”

Blog, News, Insolvency and Bankruptcy Code

April 9, 2024

Appeal Filed Post-limitation Rejected as Jurisdiction to Condone Delay is Restricted to 15 Days u/s 61(2) of IBC | NCLAT

Case Details: Deepak Dahyalal v. … Continue reading “Appeal Filed Post-limitation Rejected as Jurisdiction to Condone Delay is Restricted to 15 Days u/s 61(2) of IBC | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

April 3, 2024

Central Government Appoints Prof. M.P. Ram Mohan and Shri Dinabandhu Mohapatra as Part-time Members of IBBI

Notification No. 30-36/2022-Insolvency, Dated: 21.03.2024 … Continue reading “Central Government Appoints Prof. M.P. Ram Mohan and Shri Dinabandhu Mohapatra as Part-time Members of IBBI”

Blog, News, Insolvency and Bankruptcy Code

April 1, 2024

Review Plea Challenging Validity of Reg. 23a of IBBI Norms Dismissed as It Was Nothing but an Appeal in Disguise | HC

Case Detail: V.Venkata Sivakumar v. … Continue reading “Review Plea Challenging Validity of Reg. 23a of IBBI Norms Dismissed as It Was Nothing but an Appeal in Disguise | HC”

News, Blog, Insolvency and Bankruptcy Code

March 29, 2024

HC Validates FC’s Claim for Transfer Fee as Petitioner Misled Court that Waiver Clause of RP was Approved

Case Detail: S S Natural … Continue reading “HC Validates FC’s Claim for Transfer Fee as Petitioner Misled Court that Waiver Clause of RP was Approved”

Blog, News, Insolvency and Bankruptcy Code

March 27, 2024

AA’s Decision to Admit CIRP Plea Was Justified Since No Formal Letter Was Written by CD w.r.t Pre-existing Dispute | NCLAT

Case Details: Jeevagan Narayana Swami … Continue reading “AA’s Decision to Admit CIRP Plea Was Justified Since No Formal Letter Was Written by CD w.r.t Pre-existing Dispute | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

March 21, 2024

Mere Conferment of Authority on IBBI and IPA for Supervision Control u/s 204 Can’t be Held as Conferring Excessive Power | HC

Case Details: V Venkata Sivakumar … Continue reading “Mere Conferment of Authority on IBBI and IPA for Supervision Control u/s 204 Can’t be Held as Conferring Excessive Power | HC”

Blog, News, Insolvency and Bankruptcy Code

March 19, 2024

SRA was Eligible for MSME Benefits as Registration Pre-dated Resolution Plan Submission | NCLAT

Case Details: Ramesh Shah v. … Continue reading “SRA was Eligible for MSME Benefits as Registration Pre-dated Resolution Plan Submission | NCLAT”

Blog, News, Insolvency and Bankruptcy Code

March 12, 2024

RP isn’t Precluded from Reporting on Limitation, NCLT Didn’t Commit Any Error in Appointing RP | NCLAT

Case Details: CL Sharma v. … Continue reading “RP isn’t Precluded from Reporting on Limitation, NCLT Didn’t Commit Any Error in Appointing RP | NCLAT”