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Corporate Law : Details on financial haircuts under the IBC process, creditor claims, and steps to ensure proper implementation of IBC provisions....
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Corporate Law : This is an Appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016 against the dismissal of the Company Petition by wh...
Company Law : NCLT Delhi held that admissible of application under section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) not justified sin...
Corporate Law : Since the Resolution Plan was duly approved by the NCLAT and there being no progress worth the name, there was no other option but...
Corporate Law : Aggrieved by the impugned order, the present appeal had been filed by the shareholder of the Corporate Debtor. The Corporate Debt...
Company Law : NCLAT Delhi held that liquidator cannot create sub-lease over properties not owned by the corporate debtor without prior permissio...
Corporate Law : IBBI disposes of RTI appeal seeking details on the appointment of a Resolution Professional. Information exempted under fiduciary ...
Corporate Law : IBBI issues a disciplinary order against insolvency professional Kairav Anil Trivedi for violating insolvency regulations during t...
Corporate Law : IBBI suspends Sanjay Garg for three months, directs reinvestigation into issues related to duplicate payments and misrepresentatio...
Corporate Law : IBBI disciplinary order examines e-auction irregularities by liquidator Ramasamy Shanmuggam. Allegations include non-compliance an...
Corporate Law : IBBI rejects RTI appeal seeking youngest and oldest insolvency professionals' details, citing privacy concerns under Section 8(1)(...
This is an Appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016 against the dismissal of the Company Petition by which the Adjudicating Authority has dismissed the Section 7 Petition.
IBBI disposes of RTI appeal seeking details on the appointment of a Resolution Professional. Information exempted under fiduciary and commercial confidentiality clauses.
NCLT Delhi held that admissible of application under section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) not justified since invoices covered under section 10A has to be excluded and accordingly amount claimed will be less than threshold limit of Rs. 1 Crore.
Since the Resolution Plan was duly approved by the NCLAT and there being no progress worth the name, there was no other option but to invoke our jurisdiction under Article 142 of the Constitution and direct that the Corporate Debtor be taken in Liquidation.
Aggrieved by the impugned order, the present appeal had been filed by the shareholder of the Corporate Debtor. The Corporate Debtor entered into Service Agreement with Sigma Supply Chain Solutions Pvt. Ltd.
IBBI issues a disciplinary order against insolvency professional Kairav Anil Trivedi for violating insolvency regulations during the CIRP of Parenteral Drugs Pvt Ltd.
IBBI suspends Sanjay Garg for three months, directs reinvestigation into issues related to duplicate payments and misrepresentation in insolvency proceedings.
Government has amended the IBC six times and IBBI made over 100 changes to improve insolvency resolution and asset value maximization.
NCLAT Delhi held that liquidator cannot create sub-lease over properties not owned by the corporate debtor without prior permission of concerned authority. Accordingly, action to sub-lease without specific permission is incorrect and illegal.
RP had excluded assessee from the COC as RP was empowered to decide about the status of a creditor as related party and the findings of RP and AA concluded assessee as related party in terms of provisions of Section 5 (24) of the Code.