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Eeva Mary Sanil

IBBI Upholds Suspension of Registered Valuer for Non-Transparent Land Valuation in CIRP Process
The Insolvency and Bankruptcy Board of India (IBBI) have dismissed an appeal filed by Mr. Vipan Kumar, a registered valuer (RV), challenging his...
NCLAT Closes CIRP in Rare Court-Monitored Insolvency, After Flat Possession Given to Allottees [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has formally closed the Corporate Insolvency Resolution Process (CIRP) of Grand Reality Pvt. Ltd., after confirming that the construction of the...
NCLAT Rejects Suspended Director’s Challenge to CIRP, Asserts Timely Resolution over Procedural Technicalities [Read Order]
The National Company Law Appellate Tribunal (NCLAT) recently dismissed an appeal filed by a suspended director who challenged the initiation of the Corporate Insolvency Resolution Process (CIRP) on...
No Protection Under Unregistered Sale Agreement, But Claim Must be Admitted under IBC Liquidation Process: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has held that a buyer of immovable property under an unregistered agreement to sell is not entitled to possession under Section...
NCLAT Refuses to Interfere in Liquidation Process, Dismisses Suspended Director’s Appeal [Read Order]
The National Company Law Appellate Tribunal (NCLAT) dismissed an appeal filed by Mr. Rakesh Verma, the suspended director of a company under liquidation, reaffirming that once a company enters the ...
NCLAT Clears ICICI Bank of Wrongdoing: Reverses NCLT Order Directing Refund of Loan Payment Received During Moratorium [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has set aside an NCLT order that had directed ICICI Bank to return ₹8.92 lakh received in a loan account after commencement of CIRP. The Tribunal...