![Supreme Court Declares Hypothecation Deed as Guarantee u/s 5(8), Classifies Mortgagor as Guarantor [Read Judgment]](https://images.taxscan.in/h-upload/2025/06/03/2041095-supreme-court-insolvncy-nd-bnkruptcy-cde-ibc-supreme-court-hypothecation-deed-guarantee-taxscan.webp "Supreme Court Declares Hypothecation Deed as Guarantee u/s 5(8), Classifies Mortgagor as Guarantor [Read Judgment]")
Supreme Court Declares Hypothecation Deed as Guarantee u/s 5(8), Classifies Mortgagor as Guarantor [Read Judgment]
In а reсent judgement, thе Suрreme Cоurt оf Indiа resоlved а legаl dispute on сlаssifying Chinа Dеvеlopmеnt Bаnk аnd othеr lenders аs finаnciаl...
Liquidator under IBC does not create Sub Leases Over Public Land without Adhering to Statutory Requirements: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that a liquidator does not create sub-leases over public land without adhering to the statutory requirements. Further...
Liquidator can Recover Amount belongs to Corporate Debtor through Application u/s 60(5)(c) of IBC: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that liquidators can recover the amount of the corporate debtor by filing an application under section 60(5)(c) of...
Petition u/s 9 of IBC Cannot Be Admitted on Establishment of Pre-Existing Dispute With Regard To Operational Debt: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the petition under Section 9 of the Insolvency Bankruptcy Code (IBC), 2016 cannot be admitted when pre-existing...
Transaction Audit Report is Sufficient to File Application for Avoidance of Preferential Transactions u/s 43 of IBC: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that Transaction Audit Report is sufficient to file an application for avoidance of preferential transactions under...
Revisiting Resolution Plan after Commencement of Liquidation Process is not Allowable as per Principle of Procedural Finality: NCLAT dismisses Appeal [Read Order]
The Chennai bench of National Company Law Appellate (NCLAT) has held that revisiting the resolution plan after commencement of liquidation process is not allowable as per principle of procedural...
