NCLT Mumbai Initiated CIRP Against Sterling Oil Resources for Defaults of More than Rs. 1655 Crores The National Company Law Tribunal (NCLT) Mumbai bench comprising of Kishore Vemulapalli (Judicial...
NCLT: If Personal Guarantor Not a Party to OTS, then OTS Cannot be Construed as Acknowledgment on part of Personal Guarantor The National Company Law Tribunal (NCLT), Amravati Bench by its single...
Order for liquidation by AA not invalid due to Corporate Debtor's OTS under consideration: NCLAT The bench comprised of Justice Ashok Bhushan (Chairperson), Justice M. Satyanarayana Murthy (Judicial...
Supreme Court: One-Time Settlement With Banks Not A Ground To Quash Loan Fraud Case The Supreme Court of India (SC) refused a plea to quash a case registered by the Enforcement Directorate (ED) under...
Bank is free to recover debt if the terms and conditions of one-time settlement are breached: Punjab & Haryana High Court The Punjab and Haryana High Court (HC) held that if the terms of the...
