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NCLT

Unanimous Approval: Univastu India’s Resolution Plan Accepted

July 26, 2023 300 Views 0 comment Print

NCLT Mumbai held that the Resolution Plan submitted by Univastu India Ltd. which was approved unanimously by the members of the Committee of Creditors (CoC) and which meets the requirements of law deserved to be approved.

NCLT Delhi Approves Arena Superstructures’ Resolution Plan

July 26, 2023 1119 Views 0 comment Print

NCLT Delhi subject to the observations, approved the Resolution Plan in respect of Arena Superstructures Private Limited (Corporate Debtor) as the Resolution Plan has been approved by the CoC with 71.11% of the members voting and is in accordance with the law.

Lien created prior to initiation of CIRP cannot sustain during moratorium u/s 14 of IBC

July 22, 2023 903 Views 0 comment Print

NCLT Mumbai held that lien created prior to the initiation of the ‘Corporate Insolvency Resolution Process cannot sustain during moratorium under section 14 of Insolvency Bankruptcy Code (IBC).

NCLT approves resolution plan of Malar Energy & Infrastructure Private Limited

July 13, 2023 498 Views 0 comment Print

Explore the resolution process of Malar Energy & Infrastructure Private Limited. Learn about the challenges, COC meetings, and the approved resolution plan’s impact.

NCLT approves resolution plan of Premshree Devcon Pvt Ltd

July 13, 2023 306 Views 0 comment Print

Explore the approval of M/s Land Nest Developers’ resolution plan in the NCLT Indore case (Navin Khandelwal vs. Mukesh Agrawal). Key details, analysis, and implications.

NCLT approves Resolution Plan of Jain Shoppers Private Limited

July 12, 2023 801 Views 0 comment Print

NCLT Kolkata approves Jain Shoppers Pvt. Ltd. resolution plan, ensuring compliance with IBC for corporate revival and stakeholders’ interest protection.

NCLT approves Resolution Plan of S and H Gears Private Limited

July 12, 2023 759 Views 0 comment Print

Explore the details of Rani Agro Private Limited vs S&H Gears Private Limited case at NCLT Mumbai, involving the approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016.

NCLT approves Resolution Plan of Lakshmi Transcon Pvt. Ltd

July 12, 2023 858 Views 0 comment Print

Explore the legal battle between Arvensis Energy and Lakshmi Transcon in NCLT Hyderabad. Analysis of resolution plans, creditor claims, and key milestones.

NCLT Approves Resolution Plan of Neoaska Pharma Pvt. Ltd.

July 9, 2023 543 Views 0 comment Print

Get the latest update on the approval of the resolution plan for M/s. Neoaska Pharma Pvt. Ltd. by NCLT Hyderabad. Dr. G. V. Narasimha Rao, the Resolution Professional, presents the details of the plan submitted by Madhya Pradesh Waste Management Pvt. Ltd.

NCLT approves Resolution Plan of Premshree Devcon Private Limited

July 9, 2023 588 Views 0 comment Print

NCLT Indore approves Premshree Devcon Pvt. Ltd. resolution plan by M/s Land Nest Developers, ensuring stakeholder interests are addressed in compliance with IBC 2016.

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