NCLAT reaffirms: IBC is not a Debt Recovery Mechanism Holds that such an interpretation would undermine the purpose and scope of the Act The Chennai Bench of the National Company Law Appellate...
NCLT rules no claims can be accepted after approval of Resolution Plan by CoC Explains that allowing such rights at a later stage could disrupt the time-bound process The Mumbai bench of the...
Gujarat High Court Stays NCLT Order Against Rasna Industries The tribunal had directed initiation of Corporate Insolvency Resolution Process against the company over Rs.71.27 lakh default The...
NCLT Delhi Accepts Petition, Initiates Insolvency Proceedings for Imperia Structures Ltd. The National Company Law Tribunal (NCLT), New Delhi Bench, consisting of Mahendra Khandelwal (Judicial...
NCLT Mumbai Admits Petition against Sahara India Medical Institute, Initiates Insolvency Process The National Company Law Tribunal (NCLT) in Mumbai, consisting of Kishore Vemulapalli (Judicial...
NCLT: Stockbroker Company is a Financial Service Provider under IBC Dismisses the petition filed by the company seeking initiation of the Corporate Insolvency Resolution Process The New Delhi...
Supreme Court: NCLAT can recall its Judgments The verdict came after a request was filed in the Corporate Insolvency Resolution Process by Union Bank of India against Amtek The Supreme Court has...
New Delhi NCLT finds no inconsistency between IBC and UP Industrial Area Development Act States that proceedings could not be initiated against the corporate debtor in any Court of law, Tribunal,...
Delhi NCLT: Under IBC, Greater Noida Industrial Development Authority is a secured creditor Explains that the definition did not exclude any government or governmental authority The New Delhi...
New Delhi NCLT admits Brij Gopal Construction into insolvency Notes that the scope of IBC was limited to the existence of debt and default in its payment The New Delhi Bench of the National...
Kochi NCLT penalizes GST department for raiding corporate debtor during moratorium Directs it to pay Rs.50,000 towards the CIRP cost, which could be recovered from the officials who erred The...
NCLAT Stays CIRP Against DB Realty: Grants Opportunity to Deposit OTS Amount The National Company Law Appellate Tribunal (NCLAT), Principal Bench, coram comprising of Justice Ashok Bhushan...
