Bombay High Court Slams IBC Abuse to Derail SARFAESI Auctions, Restores Rights of Auction PurchasersIntroduction The Bombay High Court set aside an order of the Debts Recovery Tribunal (DRT) that had...
NCLT Indore Admits ₹95.31 Crore Insolvency Plea, Holds SARFAESI Proceedings No Bar to CIRP InitiationIntroduction The NCLT Indore Bench admitted a Section 7 insolvency application filed by Central...
IBC Overrides SARFAESI: NCLAT Upholds Personal Guarantor Insolvency Despite Parallel Recovery ProceedingsIntroduction The National Company Law Appellate Tribunal (NCLAT) has reiterated that...
Litigant Hit with ₹1 Lakh Cost for Forum Shopping and Stalling Tactics: Delhi High Court Introduction The Delhi High Court has dismissed a writ petition filed by Sanjeev Krishan Sharma, imposing...
NCLT Mumbai Bench Rules Interim Moratorium Under IBC Prevents Sale of Personal Guarantors' Property Under SARFAESI ActThe Mumbai bench of the National Company Law Tribunal (NCLT), comprising Mr....
