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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

A Supreme Court Bench of Justice L Nageswara Rao and Justice BR Gavai upheld a judgment passed by the National Company Law Appellate Tribunal, which...

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

The Supreme Court on Tuesday declared NOIDA as an operational creditor under the Insolvency and Bankruptcy Code, 2016. The two-judge Bench of...

Employees Who Worked During CIRP When Corporate Debtor Was Going Concern Shall Be Paid In Full First – SC

Employees Who Worked During CIRP When Corporate Debtor Was Going Concern Shall Be Paid In Full First...

Gurpreet Kaur24 April 2022 6:00 AM GMT

Section 29A(h) IBC - Mere Existence Of Personal Guarantee Invoked By A Single Creditor Enough To Earn Disqualification: Supreme Court

Section 29A(h) IBC - Mere Existence Of Personal Guarantee Invoked By A Single Creditor Enough To...

Karan Kumar Khetani20 Jan 2022 6:30 AM GMT

In The Absence Of Report From Resolution Professional, Findings Regarding Default Cannot Be Recorded – NCLAT Orders Deletion Of NCLT Findings

In The Absence Of Report From Resolution Professional, Findings Regarding Default Cannot Be Recorded...

Gurpreet Kaur10 Jan 2022 5:15 AM GMT

Sections 30(2) And 61(3) Of IBC - Commercial Wisdom of CoC Is Not Justiciable Except When There Is Material Irregularity - Supreme Court

Sections 30(2) And 61(3) Of IBC - Commercial Wisdom of CoC Is Not Justiciable Except When There Is...

Gurpreet Singh6 Jan 2022 6:15 AM GMT

NCLT And NCLAT Cannot Direct Settlement By Acting As Courts Of Equity: Supreme Court

NCLT And NCLAT Cannot Direct Settlement By Acting As Courts Of Equity: Supreme Court

Karan Kumar Khetani21 Dec 2021 4:57 AM GMT

Section 12 Of IBC - Delay In Completing Resolution Process Defeats The Object Of Providing Time Limit Under The Code – Supreme Court

Section 12 Of IBC - Delay In Completing Resolution Process Defeats The Object Of Providing Time...

Gurpreet Kaur6 Dec 2021 6:30 AM GMT

Appeal Under IBC – Aggrieved Person Cant Await Receipt Of Free Copy Of Order And Prevent Limitation From Running: Supreme Court

Appeal Under IBC – Aggrieved Person Can't Await Receipt Of Free Copy Of Order And Prevent Limitation...

Gurpreet Kaur26 Oct 2021 6:20 AM GMT

Only If A Dispute Truly Exists In Fact & Is Not Spurious, Hypothetical or Illusory, Application For Initiation of CIRP Has To Be Rejected: Supreme Court

Only If A Dispute Truly Exists In Fact & Is Not Spurious, Hypothetical or Illusory, Application For...

Verdictum News Desk20 Sep 2021 7:00 AM GMT

Statutory Prescription of Outer Limit For Condonation of Delay Cannot Be Overcome Under Article 142: Supreme Court

Statutory Prescription of Outer Limit For Condonation of Delay Cannot Be Overcome Under Article 142:...

Verdictum News Desk17 Sep 2021 9:45 AM GMT

Center To Permit Justice Ashok Cheema To Continue As Chairperson Of NCLAT Till Superannuation On September 20

Center To Permit Justice Ashok Cheema To Continue As Chairperson Of NCLAT Till Superannuation On...

Verdictum News Desk16 Sep 2021 6:30 AM GMT