CIRP process initiated against Future Lifestyle Fashion Ltd Future Lifestyle Fashions Ltd (FLFL) is facing three petitions before the NCLT to initiate insolvency proceedings and one of them has been...
NCLAT: Operational Creditor to file apt legal accounts to recuperate rights The National Company Law Appellate Tribunal (NCLAT) Bench in Delhi ruled that if the Resolution Plan was withdrawn, the...
Retrospective Operation of Section 31 of the IBC after the 2019 Amendment The Supreme Court analysed the necessity of the amendment in Sec. 31 of the Code and held the resolution for the removal...
NCLAT: Contention that disputes raised were concocted cannot be decided in summary proceeding under Section 9 of IBC According to the National Company Law Appellate Tribunal (NCLAT), contention that...
