Learn about a case where a resolution plan approval by CoC binds stakeholders, rejecting an ex-promoter’s attempt to propose a settlement after approval.
Read a detailed analysis of the NCLAT judgment in Nehru Place Hotels And Real Estates Private Limited Vs Sanjeev Mahajan. Learn about the resolution plan approval and settlement proposal rejection.
Read how NCLAT Delhi ruled that NCLT cannot direct Committee of Creditors without giving an opportunity to Successful Resolution Applicant (SRA) in the case of One City Infrastructure Pvt. Ltd. Vs Pratham Expofab Private Limited.
NCLAT Delhi ruling on Navayuga Engineering vs. Umesh Garg emphasizes Section 29A(c) of IBC, disqualifying those managing corporate debt failing to clear debts.
NCLAT upholds the rejection of a late claim submitted after CoC’s approval of a resolution plan, emphasizing timely submission in insolvency proceedings.
Gloster Cables claims ownership of the GLOSTER trademark in a dispute with Fort Gloster during insolvency proceedings. Learn about the arguments on jurisdiction, assignment validity, and the impact of the BIFR order.
NCLAT clarifies financial debt definition under IBC in Rajeev Kumar Jain vs Uno Minda Limited case, highlighting implications for corporate insolvency.
NCLAT Delhi rules that participants in CIRP have the right to object to the approval of a Resolution Plan, setting a precedent for future insolvency cases.
NCLAT orders NCLT to review compliance with Section 7(1) in a dispute over the number of allottees before admitting CIRP against K.D. Lite Developers.
NCLAT upholds the rejection of Kotak Mahindra Bank’s claim filed 738 days late after the approval of a resolution plan. Discover the implications.
