IDBI Bank Files Appeal at NCLAT Against NCLT Order on Zee Entertainment IDBI Bank has approached the National Company Law Appellate Tribunal (NCLAT) challenging a National Company Law Tribunal (NCLT)...
Supreme Court: IBC Section 238 Overrides Electricity Act, Secured Creditor Enjoy Priority over Dues Payable to Central & State Government The Supreme Court observed that Section 238 of the...
NCLT: Speculative Homebuyer is Not Entitled to any Payment from Corporate Debtor in the name of ‘Buy Back Consideration’ The National Company Law Tribunal (NCLT), Delhi by its division member bench...
Supreme Court Issues Notice to Centre on Pleas Challenging Provisions of Insolvency & Bankruptcy Code The Supreme Court has agreed to hear a batch of petitions challenging various provisions of...
Supreme Court to Determine Whether Resolution Professional is a ‘Public Servant’ Under Prevention of Corruption Act The Supreme Court by its vacation bench comprising of Justices AS Bopanna and...
MCA Excludes Certain Transactions/Arrangements/Contracts from the Purview of Moratorium Under IBC, 2016 The Central Government by its Ministry of Corporate Affairs has issued a notification...
NCLT adjourns Wilmington Trust insolvency plea against SpiceJet The matter is listed to be heard on16 July In a petition filed by aircraft lessor Wilmington Trust SP Services (Dublin) Ltd for...
CESTAT Becomes ‘Functus Officio’ in Appeal Matters Where Resolution Plan is Approved by the NCLT The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Mumbai Bench, has held that from the...
NCLT: Financiers by Virtue of Discounting of Invoices of the Corporate Debtor become Operational Creditors The National Company Law Tribunal (NCLT), Bengaluru by its division member bench of T....
Supreme Court Upheld NCLAT’s Interim Directions of Limiting CIRP to only One Project of Supertech and Rest to Continue under RP’s Supervision The Supreme Court by its division judges bench comprising...
NCLAT: When Balance Sheet of Corporate Debtor Declared Amount as Unsecured Loan, Same Cannot be Accepted as ‘Investment’ The National Company Law Appellate Tribunal (NCLAT), Delhi by its coram...
NCLT Admits Go Airlines Insolvency: Issuance of Notice to Creditors is Not Mandatory in Pre-Admission Stage under Section 10 IBC The National Company Law Tribunal (NCLT), Delhi comprising of Justice...
