![Ex-Management of Corporate Debtor cannot file Proposal u/s 12A of IBC while considering Resolution Plan: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Ex-Management-Corporate-Debtor-IBC-Resolution-Plan-NCLT-taxscan.jpg "Ex-Management of Corporate Debtor cannot file Proposal u/s 12A of IBC while considering Resolution Plan: NCLT [Read Order]")
Ex-Management of Corporate Debtor cannot file Proposal u/s 12A of IBC while considering Resolution Plan: NCLT [Read Order]
The New Delhi bench of the National Company Law Tribunal (NCLT) held that settlement proposal under section 12A of the Insolvency and Bankruptcy Code...
![Resolution Professional Becomes Functus Officio After Approval of Plan under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Resolution-Professional-Functus-Officio-IBC-NCLT-taxscan.jpg "Resolution Professional Becomes Functus Officio After Approval of Plan under IBC: NCLT [Read Order]")
Petition u/s 7 of IBC has to be admitted when Debt And Default are Satisfied: NCLAT allows appeal of Canara Bank [Read Order]
In a ruling in favour of Canara Bank, the New Delhi bench of National Company Law Appellate Tribunal ( NCLAT ) held that a petition under section 7 of the Insolvency Bankruptcy Code ( IBC ), 2016 has...
Petition u/s 7 of IBC Has to be Decide first When Both Arbitration & Insolvency Petitions are Pending: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the petition under section 7 of Insolvency Bankruptcy Code ( IBC ),2016 has to be decided first when both...
S.10A of IBC cannot be considered Valid Defence on Establishment of Valid Default Date: NCLAT [Read Order]
The Principal bench of the National Company Law Appellate Tribunal ( NCLAT ), held that section 10 A of the Insolvency Bankruptcy Code ( IBC ) cannot be considered valid defence on establishment of...
Eligibility /Ineligibility of Successful Resolution Applicant u/s 29A of IBC must be based on Date of Submission of Resolution Plan: NCLAT [Read Order]
The Delhi bench of National Company Law Appellate Tribunal ( NCLAT ) held that the eligibility/ineligibility of Successful Resolution Applicant under section 29A of the Insolvency and...
Dissolution Of Corporate Debtor u/s 54 of IBC can be Sought after Complete Liquidation: NCLAT [Read Order]
In a significant case, the New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the scheme of the Insolvency Bankruptcy Code ( IBC ), 2016 clearly provides that...
Dissenting Financial Creditor only entitled to Liquidation Value of Secured Interest u/s 30(2)(b) of IBC: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has held that as per Section 30(2)(b) of the Insolvency and Bankruptcy Code, 2016, a dissenting financial creditor is only...
