Synopsis of: NCLT, Ahmedabad Bench, order ArcelorMittal to pay Rs 1300 crores to SREI Infrastructure Applicant: SREI Infrastructure Finance Limited (SREI) Respondent: 1. Arcelormittal India Private Limited (AIPL) Successful Resolution Applicant of Essar Steel India Ltd. 2. Sh. Satish Kumar Gupta, RP of Essar Steel India Ltd 3. Arcelormittal Nippon Steel India Ltd (earlier as […]
Whether under IBC, 2016, an application filed under section 43 for avoidance of preferential transactions can survive beyond the conclusion of the resolution process and the role of the RP in filing/pursuing such applications. The jurisdiction of the NCLT to hear applications under section 43 after the approval of the Resolution Plan, is thus under challenge.
Draft of Plastic Waste Management Bye-laws, 2021 for public comment till September 15, 2021 In a Gazette Notification dated 16th August, 2021, the Government of the National Capital Territory of Delhi has introduced Draft Plastic Waste Management Bye-laws, 2021 (Draft Bye-laws) which has been proposed to apply in specific areas. The Government has also invited […]
