Explore the NCLAT judgment on the State Bank of India’s plea against Indison Agro Foods Ltd. Analysis of claim disputes, voting share, and IRP replacement.
Read the detailed NCLT judgment/order on Gogia Leasing vs JBO Globeworld case. Approval of resolution plan by Hemant Jindal, key features, compliance, and implications.
Hpcl-Mittal Pipelines Limited Vs Coastal Marine Construction And Engineering Limited (NCLT Mumbai) NCLT Mumbai held that mere holding of a decree per se by an individual will not make its debt fall within the ambit of financial debt. Nature of debt will not change with the passing of a decree or an award. Application u/s. […]
Explore the legal feud between Hyderabad Hi-Tech Textiles Park Members Welfare Society and Hyderabad Hi-Tech Textile Park Pvt Ltd. Detailed NCLT judgment analysis.
NCLT Hyderabad rules Corpus Fund for homebuyers’ maintenance is not a financial debt under IBC. Analysis of Vasathi Anandi Owners Welfare Association vs. Vasathi Housing Ltd.
Resolution Plan meet the requirements of Section 30(2) of the Code and Regulations 37, 38, 38 (1A) and 39 (4) of the Regulations. The Resolution Plan was not in contravention of any of the provisions of Section 29A of the Code and was in accordance with law. The same need to be approved.
Post approval of the resolution plan, any pending avoidance applications should be continued by the Assenting Financial Creditors or the erstwhile Resolution Professional as provided under Clause of the plan. The moratorium under Section 14 of the Code should cease to have effect from this date. Applicant should forthwith send a copy of this order to the CoC and the Resolution Applicant.
Explore ICICI Prudential Real Estate AIF’s attempt to initiate Corporate Insolvency Resolution Process (CIRP) against Nandi Vardhan Infrastructure Limited. Understand the NCLT Mumbai ruling on whether a resolution applicant’s commitment constitutes a financial debt.
Dive deep into NCLT Mumbai ruling in Central Bank of India vs. Superfine Profile and Extrusions Pvt. Ltd. Uncover implications of date of default for corporate guarantors
Dive into the legal battle of Chiragsala Sales vs. Vaishno Devi Traders at NCLT Guwahati. Explore the complex issue of financial debt, investment, and the implications under sec. 7 of the Code.
