NCLT Ahmedabad held that application under section 7 of the Insolvency and Bankruptcy Code, 2016 [IBC] against Corporate Debtor [M/s. C M Smith and Sons Limited] for initiation of Corporate Insolvency Resolution Process [CIRP] admitted as debt as well as default is established by way of ledger confirmation.
NCLT Cuttack held that application under section 9 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process [CIRP] against Corporate Debtor [ASB Energy Systems and Construction Pvt. Ltd.] is admitted as operational debt and default thereon is admitted.
NCLT Ahmedabad held that application under section 9 of the Insolvency and Bankruptcy Code [IBC] for initiation of Corporate Insolvency Resolution Process [CIRP] against Synergy Food and Agro Processors Private Limited [Corporate Debtor] admitted as operational debt and default thereon is admitted.
NCLT Prayagraj held that liquidation of Corporate Debtor [Garvit Innovative Promoters Ltd.] in terms of application filed under section 33(2) of the Insolvency and Bankruptcy Code admitted as approved in 7th CoC meeting. Accordingly, the present application is allowed.
NCLT Jaipur held that application under section 7 of the Insolvency and Bankruptcy Code [IBC] for initiation of Corporate Insolvency Resolution Process [CIRP] of ACCIL Corporation Pvt. Ltd. [Corporate Debtor] admitted as debt and default stands duly established.
NCLT Mumbai held that application for liquidation of Corporate Debtor [Multicity Hospitals LLP] in terms of section 33(2) of the Insolvency and Bankruptcy Code [IBC] is allowed as decided by members of CoC.
NCLT Mumbai held that Corporate Debtor Unitech Transformers Pvt. Ltd. is ordered to be liquidated in terms of provision of section 33(2) of the Insolvency and Bankruptcy Code as approved by members of CoC with 83.32% voting share.
NCLT Cuttack held that application under section 9 of the Insolvency and Bankruptcy Code for initiating Corporate Insolvency Resolution Process [CIRP] against Bhilai Jaypee Cement Limited [Corporate Debtor] is liable to be admitted since operational debt and default is proved.
NCLT Mumbai held that application under section 9 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process (CIRP) against Cab-Eez Infra Tech Limited [Corporate Debtor] admitted as operational debt and default thereon established.
NCLT Ahmedabad held that application under section 9 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process [CIRP] against Blu-Smart Mobility Tech Private Limited (Corporate Debtor) as operational debt and default in payment established.