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NCLT

NCLT Cannot Interfere with CoC’s Commercial Decisions: Indian Bank Case Analysis

July 20, 2024 735 Views 0 comment Print

NCLT case of Indian Bank vs. Nimitya Hotel & Resorts Pvt. Ltd., where court deliberates on CoC’s freedom to decide on settlement proposals under Section 12A of I&B Code.

CA Barred for Five Years by NCLT for Failing Duties as Statutory Auditor

July 16, 2024 4512 Views 0 comment Print

Read the full NCLT judgment/order on Union of India Vs CA. Ramaiah Nataraja. Bengaluru CA barred from statutory auditor role for colluding with company’s fraudulent activities.

NCLT rejects CIRP application as default by Corporate Debtor not proved

July 14, 2024 1173 Views 0 comment Print

Detailed analysis of the NCLT Mumbai judgment in SBI vs Navjeevan Tyres, addressing issues of loan recall notice and corporate guarantor demand.

NCLT Grants Zee’s Request to Withdraw Merger Implementation Application

July 10, 2024 759 Views 0 comment Print

Read the full NCLT judgment where Zee Entertainment Enterprises Limited sought to withdraw its merger with Sony Groups, impacting shareholders and creditors. Learn more.

What If You Have Lost Your Debenture Certificate?

July 4, 2024 1389 Views 0 comment Print

Explore the implications of issuing duplicate debenture certificates under the Companies Act, 2013. Learn about legal remedies, as seen in Rajendra C. Butala Vs Mayur Uniquoters Limited (NCLT Jaipur).

NCLT Approves Demerger Scheme: Raymond Limited & Raymond Lifestyle

July 3, 2024 3369 Views 0 comment Print

Read the NCLT judgment approving the demerger scheme between Raymond Limited and Raymond Lifestyle Limited. Detailed analysis and implications explained.

NCLT admits CIRP of Richfeel Health & Beauty Pvt Ltd

July 2, 2024 1107 Views 0 comment Print

Explore the detailed analysis of Mayur Rajendra Kumar Popat Vs Rajul Mehta & Ors. case from NCLT Mumbai. Learn about the resolution plan, creditors’ approvals, and financial implications.

Speculative investor cannot claim status & benefits of Financial Creditor: NCLT rejects CIRP Application

June 30, 2024 1248 Views 0 comment Print

Read the detailed NCLT Chandigarh judgment on Nikhil Khanna’s application under Section 7 of IBC against Spaze Towers Pvt Ltd. Analysis includes legal arguments, MoU details, and conclusions.

NCLT’s rejects CIRP application due to lack of debt proof and default evidence

June 24, 2024 711 Views 0 comment Print

Read about NCLT’s rejection of Mittal Polymers’ CIRP application against Suvarna Additives Pvt Ltd due to lack of debt proof and default evidence.

 NCLT admits Resolution Plan for Harvest Hotels

June 24, 2024 867 Views 0 comment Print

Read the detailed NCLT Delhi judgment on the case between Asset Reconstruction Company and Harvest Hotels & Services Apartments Pvt Ltd. Full text and analysis inside.

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