Supreme Court: Inherent Powers Under Rule 11 of NCLT Cannot Circumvent Withdrawal Procedure Under Section 12A of IBC and Regulation 30AThe Supreme Court bench, comprising Chief Justice of India D.Y....
Shardul Amarchand Mangaldas & Co. Advised Committee of Creditors in Corporate Insolvency Resolution Process of Jaypee HealthcareShardul Amarchand Mangaldas & Co. advised JC Flowers Asset...
NCLAT New Delhi: Adjudicating Authority Can Recall Judgments but Lacks Power to ReviewThe NCLAT Delhi bench, comprising Justice Rakesh Kumar Jain (Member Judicial), Naresh Salecha (Member Technical),...
Supreme Court: High Court Lacks Justification to Defer CIRP Under Article 226 of theConstitutionThe Supreme Court has ruled that banks can claim tax deductions for broken-period interest on Held to...
NCLAT Allows Former Promoter to Participate in CIRP Despite CoC's Disqualification, Citing Relaxation Under Section 29A of IBCThe National Company Law Appellate Tribunal (NCLAT), presided over by...
NCLT Hyderabad Rejects CIRP Petition Due To Operational Creditor's Non-Compliance With Section 69(2) Of The Indian Partnership Act In a significant ruling, the National Company Law Tribunal (NCLT)...
NCLAT Rules Post-CIRP Claims Cannot Be Entertained By Resolution Professional The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, comprising Mr. Justice Rakesh Kumar Jain...
Initiating Tax Proceedings After CIRP Approval Violates Section 31 IBC: Bombay High Court The Bombay High Court recently addressed a writ petition filed by Uttam Value Steels Ltd. and Subodh...
NCLAT Declares GST Dispute Not A Bar To Section 9 IBC Proceedings The NCLAT Bench, comprising Justice Rakesh Kumar Jain (Member Judicial) and Arun Baroka (Member Technical), has ruled that a dispute...
NCLT Hyderabad Approves Adani Power's ₹4,000 Cr Resolution Plan For Lanco Amarkantak Acquisition NCLT Hyderabad approves Adani Power’s resolution plan for acquisition of Lanco Amarkantak for a total...
NCLAT: No New Settlement Proposals Permitted After Approval Of Resolution Plan In a significant ruling, the National Company Law Appellate Tribunal (NCLAT) New Delhi division bench, comprising...
NCLT Delhi Rejects CIRP Application Over Non-Payment Of Legal Fees The National Company Law Tribunal (NCLT) New Delhi bench, comprising Manni Sankariah Shanmuga Sundaram (Judicial Member) and Dr....
