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Calcutta HC on appointment & responsibility of additional director

Case Name : Surendra Kumar Singhi Vs Registrar of Companies, West Bengal & Anr (Calcutta High Court)
Appeal Number : CRR 1751 of 2020
Date of Judgement/Order : 20/01/2023
Related Assessment Year :
Courts : All High Courts (9882) Calcutta High Court (503)

Adjudicating authority can pass an order for removal of Resolution Professional.

Case Name : Srigopal Choudary Resolution Professional of Shree Ram Urban Infrastructure Ltd Vs SREI Equipment Finance Ltd (NCLAT Delhi)
Appeal Number : Company Appeal (AT) (Ins) No. 1443 of 2022
Date of Judgement/Order : 10/01/2023
Related Assessment Year :
Courts : NCLAT (194)

Complaint filed after expiry of six months is quashed based on time barred provisions u/s 469

Case Name : Partha Ghosh Vs Registrar of Companies (Delhi High Court)
Appeal Number : CRL. M.C. No. 5763 of 2014
Date of Judgement/Order : 12/12/2022
Related Assessment Year :
Courts : All High Courts (9882) Delhi High Court (2325)

Adjudicating Authority not empowered to modify conditions in resolution plan

Case Name : Mathuraprasad C Pandey Vs Partiv Parikh (NCLAT Delhi)
Appeal Number : Company Appeal (AT)(Ins) No. 201/2021
Date of Judgement/Order : 14/12/2022
Related Assessment Year :
Courts : NCLAT (194)

Security deposit payment for restoration of high tension electricity connection mandatory for Corporate Debtor

Case Name : Kalptaru Steel Rolling Mills Ltd Vs Southern Power Distribution Company of A.P. Ltd (NCLAT Delhi)
Appeal Number : Company Appeal (AT) (Insolvency) No. 866 of 2020
Date of Judgement/Order : 13/12/2022
Related Assessment Year :
Courts : NCLAT (194)

Insurance Company cannot refuse to process claim when all formalities was completed: SC

Case Name : Gokal Chand (D) THR. LRS. Vs Axis Bank Ltd. & Anr. (Supreme Court of India)
Appeal Number : Civil Appeal No. .... of 2022
Date of Judgement/Order : 15/12/2022
Related Assessment Year :
Courts : Supreme Court of India (2005)

Scheme of compromise and arrangement found to be beneficial to related creditors hence liquidation sustained

Case Name : Bankey Bihari Infrahomes Pvt. Ltd Vs Alok Kumar Kuchchal (NCLAT Delhi)
Appeal Number : Company Appeal (AT) (Insolvency) No. 718 of 2022
Date of Judgement/Order : 06/12/2022
Related Assessment Year :
Courts : NCLAT (194)

Section 66 doesn’t specify look back period for fraudulent trading

Case Name : Thomas George Vs 1. K. Easwara Pillai (NCLAT Chennai)
Appeal Number : Company Appeal (At) (Ch) (Insolvency) No. 293 of 2021
Date of Judgement/Order : 05/12/2022
Related Assessment Year :
Courts : NCLAT (194)

Trust is included in definition of ‘person’ hence can be a ‘resolution applicant’

Case Name : Aswathi Agencies Vs Bijoy Prabhakaran Pulipra (NCLAT Chennai)
Appeal Number : Company Appeal (AT) (CH) (Ins.) No. 179 of 2021
Date of Judgement/Order : 16/03/2021
Related Assessment Year :
Courts : NCLAT (194)

147 Days delay in filing Appeal was condoned on basis of equity

Case Name : M.K. Resely Vs Union Bank of India (NCLAT Chennai)
Appeal Number : IA No. 990/2022 in Company Appeal (AT)(CH)(Ins) No.337/2022
Date of Judgement/Order : 24/11/2022
Related Assessment Year :
Courts : NCLAT (194)