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NCLT’s admits insolvency proceedings against Himalayan Mineral Waters

Case Name : Jammu And Kashmir Bank Vs Himalayan Mineral Waters Private Limited (NCLT Allahabad)
Appeal Number : CP (IB) No.37/ALD/2022
Date of Judgement/Order : 03/06/2024
Related Assessment Year :
Courts : NCLT (216)

Share Allotment at Concessional Price is Oppressive to Existing Members: NCLT

Case Name : Ajay Tajpuriya & Anr. Vs Goel Ganga Infrastructure & Real Estate Pvt. Ltd. & Ors. (NCLT Mumbai)
Appeal Number : T.C.P. No. 08 of 2014
Date of Judgement/Order : 22/05/2024
Related Assessment Year :
Courts : NCLT (216)

IBC Doesn’t Equate Treatment of Related and Unrelated Parties: NCLAT

Case Name : West Coast Paper Mills Ltd. Vs Bijay Murmuria (NCLAT Delhi)
Appeal Number : Company Appeal (AT) (Ins.) No. 1272 of 2019
Date of Judgement/Order : 27/06/2019
Related Assessment Year :
Courts : NCLAT (325)

CCDs cannot be treated as financial debt under IBC: NCLAT Chennai

Case Name : Shubham Corporation Private Limited Vs Kotoju Vasudeva Rao (NCLAT Chennai)
Appeal Number : Company Appeal (AT) (CH) (Insolvency) No. 163 of 2023 (IA Nos. 33, 532 & 534/2023)
Date of Judgement/Order : 22/05/2024
Related Assessment Year :
Courts : NCLAT (325)

Financial Creditors’ can File Second Petition under Section 7 of IBC for CD’s Continued Default

Case Name : Desh Bhushan Jain Vs Abhay Kumar (NCLAT Delhi)
Appeal Number : Company Appeal (AT) (Ins) No.124 of 2024`
Date of Judgement/Order : 20/05/2024
Related Assessment Year :
Courts : NCLAT (325)

NCLT cannot  unilaterally change appointed date while admitting scheme of arrangement 

Case Name : Marathon Nextgen Townships Pvt Ltd Vs Regional Director (NCLAT)
Appeal Number : Company Appeal (AT) No.190 of 2023
Date of Judgement/Order : 29/05/2024
Related Assessment Year :
Courts : NCLAT (325)

Role of RP is only that of facilitator between Personal Guarantor & Creditors

Case Name : Indiabulls Housing Finance Ltd. Vs Subhash Chandra (NCLT Delhi)
Appeal Number : (IB)-97/ND/2022
Date of Judgement/Order : 27/05/2024
Related Assessment Year :
Courts : NCLT (216)

Service of notice gets affected when sent to correct address by registered post

Case Name : Mukund Rajhans Vs Rajasthan Patrika Private Limited (NCLAT Delhi)
Appeal Number : Company Appeal (AT) (Insolvency) No. 1398 of 2023
Date of Judgement/Order : 04/04/2024
Related Assessment Year :
Courts : NCLAT (325)

Insolvency Dilemmas: NCLAT’s Verdict on Section 185 Compliance in CIRP Claims

Case Name : AVJ Heightss Apartment Owners Association Vs India Infoline Finance Ltd. (NCLAT Delhi)
Appeal Number : Company Appeal (AT) (Ins) No. 626/2021
Date of Judgement/Order : 02/01/2023
Related Assessment Year :
Courts : NCLAT (325)

Delhi HC Transfer nascent winding up proceedings to NCLT

Case Name : Arabian Oilfield Suppliers & Services Vs Greka Drilling (India) Limited (Delhi High Court)
Appeal Number : Co.Pet. 88/2016
Date of Judgement/Order : 17/05/2024
Related Assessment Year :
Courts : All High Courts (13772) Delhi High Court (3357)
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