Section 230 Route Closed During CIRP: NCLT Kochi Rules Compromise Schemes Permissible Only After LiquidationIntroduction The National Company Law Tribunal (NCLT Kochi) has held that a scheme of...
Supreme Court Rebukes Litigation by Losing Bidders in Insolvency Cases, Reaffirms Primacy of CoC’s Commercial Wisdom Under IBCIntroduction The Supreme Court of India has cautioned against expanding...
Public Auction Not Mandatory for Sale of Encumbered Assets During CIRP If Secured Creditors Consent Under Regulation 29: NCLAT Introduction The National Company Law Appellate Tribunal (NCLAT),...
Termination Of Contract For Persistent Defaults Not Hit By IBC Moratorium; Section 14 Protects Insolvency, Not Poor Performance Introduction The National Company Law Appellate Tribunal (NCLAT),...
Approved Resolution Plan Cannot Be Set Aside Merely Due To Dissenting Financial Creditor's Dissatisfaction With Asset Valuation: NCLAT The National Company Law Appellate Tribunal (NCLAT), New Delhi...
NCLAT Affirms Dissenting Financial Creditors Entitled Only to Liquidation Value of Secured Interest Under Section 30(2)(b) of IBCThe New Delhi bench of the National Company Law Appellate Tribunal...
