Company Law : Explore controversy over appointed date in schemes of arrangement, MCA clarifications, court rulings and challenges surrounding fu...
Corporate Law : Insights into recent Supreme Court and High Court judgments on IBC cases, covering corporate guarantees, auction timelines, liquid...
CA, CS, CMA : Discover recent Income Tax and GST notifications and circulars issued during the week of October 14-20, 2024, focusing on key exem...
Corporate Law : Despite Supreme Court rulings, authorities continue to raise demands for periods before NCLT orders under IBC, violating judicial ...
Company Law : Learn about the NCLT's powers under Sections 97 and 98 of the Companies Act, 2013, to call AGMs and EGMs, including procedures and...
Corporate Law : Key IBC case law updates from Oct-Dec 2024, covering Supreme Court and High Court decisions on CoC powers, resolution plans, relat...
Company Law : Government response on political appointments in NCLT/NCLAT and reasons behind delays in IBC case disposal....
Corporate Law : SC rules on Special Court jurisdiction; NCLAT redefines financial debt; HC upholds IBBI regulations and addresses various insolven...
Company Law : Explore the current status of pending cases in NCLT and NCLAT as of August 2024, reasons for delays, and the government's strategi...
Corporate Law : Discover how the latest revisions in CIRP forms by IBBI aim to reduce the compliance burden on insolvency professionals and stream...
Corporate Law : NCLT Delhi rejects bankrupt's discharge plea under IBC 138(1), stating only the Bankruptcy Trustee can file. Decision highlights p...
Corporate Law : NCLT Delhi dismisses Transline Technologies' insolvency petition against Experio Tech, citing a joint venture relationship, not op...
Corporate Law : It was held that CoC in the legislative scheme was empowered to take decision to liquidate the Corporate Debtor, any time after it...
Company Law : NCLT Kolkata held that unsuccessful resolution applicant has no locus to assail resolution plan once the resolution plan has been ...
Corporate Law : NCLT Delhi dismissed Akshay Kumar Bhatia’s insolvency plea against Cue Learn Pvt. Ltd., citing the claim did not qualify as oper...
Corporate Law : Details of Judicial and Technical Members assigned to NCLT benches across India as per the latest order issued by the Ministry of ...
Corporate Law : Read about the case involving Chetan Patel, an Insolvency Professional, with detailed analysis of alleged contraventions and submi...
Corporate Law : IBBI Disciplinary Committee suspends Sanjay Singh, an Insolvency Professional, for irregularities in the e-auction process. Detail...
Company Law : Explore the order dated 03.02.2024 from NCLT Chandigarh transferring all pending cases from Bench 2 to Bench 1. Detailed analysis ...
Corporate Law : Filling up of 05 (Five) posts of Judicial Member and 05 (Five) posts of Technical Members in the National Company Law Tribunal (NC...
NCLT Kolkata rules it cannot annul an arbitral award during an IBC moratorium. Detailed analysis of Mahavir Industrial Corporation vs Hindustan Controls & Equipment Pvt Ltd.
Delve into the NCLT Kolkata case of Mittson Fille Enterprise vs. Sammaan Ventures Limited regarding share application money and financial debt under the IBC. Analysis of key arguments and findings.
The NCLT Mumbai ruled that claims filed after CoC approval of a resolution plan cannot be admitted, emphasizing the need for timely claim submissions in CIRP.
Get insights into the NCLT Mumbai judgment regarding detention charges as operational debts under the IBC. Detailed analysis of ABC India Ltd. Vs Prabhakar Engineers Pvt. Ltd. case.
Explore recent Supreme Court rulings on dissenting creditor rights and set-off claims in insolvency cases. Detailed analysis of key judgments explained.
Resolution Plan met the requirements of Section 30(2) of the Code and the Regulations 37, 38, 38(1A) and 39(4) of the CIRP Regulations. The Resolution Plan was not in contravention of any of the provisions of Section 29A of the Code and was in accordance with law.
The National Company Law Tribunal (NCLT) approved the Resolution Plan, emphasizing the paramount importance of the CoC’s commercial wisdom in such matters. The approval included various directions regarding the plan’s implementation, extinguishment of existing shares, reliefs, amendments to MoA and AoA, and cessation of the moratorium.
In a case of transfer expenses, Mumbai ITAT directs to allow stamp duty & registration charges. Detailed analysis of the case provided here.
Supreme Court held that that the amounts covered by security deposits under the agreements constitute financial debt. Accordingly, section 5(7) of IBC categorizes the person as financial creditor if a financial debt is owned to it.
Dive into the NCLAT judgment on the implications for homebuyers under RERA, analyzing Section 7(1) of the IBC and the distinction between allottees and decree holders.
