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No Doubt That Corporate Debtor Committed Default Under IBC Due To Non-Payment Of Due Amount: SC Rejects Plea

No Doubt That Corporate Debtor Committed Default Under IBC Due To Non-Payment Of Due Amount: SC...

Swasti Chaturvedi13 May 2023 5:30 AM GMT

The Supreme Court has dismissed an appeal on the ground that the Corporate Debtor committed a default within the meaning of Section 3(12) of the IBC...

IBC| Exclusion From Definition Of Assets Owned By Third-Party But In Possession Of Corporate Debtor Is Limited To Section 18- SC

IBC| Exclusion From Definition Of Assets Owned By Third-Party But In Possession Of Corporate Debtor...

Verdictum News Desk16 March 2023 10:30 AM GMT

A Supreme Court Bench of Justice V Ramasubramanian and Justice Pankaj Mithal has specified that under the IBC, "the exclusion of assets owned by...

IBC- SC Directs Already Deposited Amount Of Company To Be Appropriated Towards Settlement Dues Under Sabka Vishwas Scheme

IBC- SC Directs Already Deposited Amount Of Company To Be Appropriated Towards Settlement Dues Under...

Swasti Chaturvedi8 Jan 2023 5:30 AM GMT

Standard With Which Case Of Pre-existing Dispute Under IBC Is Employed Cant Be Equated With Principle Of Preponderance Of Probability: SC

Standard With Which Case Of Pre-existing Dispute Under IBC Is Employed Can't Be Equated With...

Sanjoli N Srivastava18 Oct 2022 6:17 AM GMT

IBC – Liquidator Can Exercise Discretion To Explore Best Method For Selling Assets – SC Reiterates

IBC – Liquidator Can Exercise Discretion To Explore Best Method For Selling Assets – SC Reiterates

Verdictum News Desk31 Aug 2022 10:30 AM GMT

Insolvency and Bankruptcy Code Will Prevail Over The Customs Act - Supreme Court

Insolvency and Bankruptcy Code Will Prevail Over The Customs Act - Supreme Court

Verdictum News Desk30 Aug 2022 5:15 AM GMT

Section 7 IBC - Security Documents Can Be Filed At Any Time Until Application For CIRP Is Dismissed - SC Reiterates

Section 7 IBC - Security Documents Can Be Filed At Any Time Until Application For CIRP Is Dismissed...

Deepankar Malviya7 Aug 2022 2:00 PM GMT

Not Mandatory To Admit CIRP Application Filed By Financial Creditor U/s. 7(5)(A) IBC Even Incase Of Default – SC

Not Mandatory To Admit CIRP Application Filed By Financial Creditor U/s. 7(5)(A) IBC Even Incase Of...

Verdictum News Desk21 July 2022 9:05 AM GMT

IBC - NCLT Or NCLAT Cannot Sit In An Appeal Over Commercial Wisdom Of CoC - SC Reiterates

IBC - NCLT Or NCLAT Cannot Sit In An Appeal Over Commercial Wisdom Of CoC - SC Reiterates

Ashish Shaji10 Jun 2022 5:15 AM GMT

IBC - Holder Of Recovery Certificate Would Be Entitled To Initiate CIRP As Financial Creditor - Supreme Court

IBC - Holder Of Recovery Certificate Would Be Entitled To Initiate CIRP As Financial Creditor -...

Ashish Shaji6 Jun 2022 6:30 AM GMT

Proceedings Cannot Continue Under SARFAESI Act Once CIRP Is Initiated and Moratorium Ordered - Supreme Court

Proceedings Cannot Continue Under SARFAESI Act Once CIRP Is Initiated and Moratorium Ordered -...

Verdictum News Desk26 May 2022 6:45 AM GMT

NOIDA An Operational Creditor Under Insolvency And Bankruptcy Code – Supreme Court [Read Judgment]

NOIDA An 'Operational Creditor' Under Insolvency And Bankruptcy Code – Supreme Court [Read Judgment]

Gurpreet Kaur19 May 2022 5:00 AM GMT