Supreme Court Rules Preference Shareholders Are Not Financial Creditors; Non-Redemption of CRPS Doesn’t Trigger Insolvency Under IBC Introduction The Supreme Court has clarified a significant...
NCLT Indore Rules Assured Return Investment Schemes Constitute Financial Debt, Admits Insolvency Proceedings Against Garima Real Estate Introduction The National Company Law Tribunal (NCLT),...
Property Allotted in Lieu of Consultancy Fees Qualifies as Financial Debt: NCLT Mumbai NCLT Upholds Claim of Consultant as Financial CreditorIntroduction The National Company Law Tribunal (NCLT)...
Invoice Discounting Transaction Not Financial Debt Unless Disbursed for Time Value of Money: NCLT New Delhi Introduction The National Company Law Tribunal (NCLT), New Delhi Bench-IV, has held that...
NCLAT New Delhi: Written Financial Contract Not Required to Establish Debt Under Section 5(8) of IBCThe NCLAT New Delhi Bench, comprising Justice Ashok Bhushan (Chairperson) and Barun Mitra (Technical...
