Petition u/s 9 of IBC In Absence of Pre-Existing Dispute can be Admitted on Proven Debt & Default: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NLCAT ) held that once it is established that the corporate debtor has defaulted in...
Payment of Pre-CIRP Dues To Creditors Including Govt Dues Cannot Be Made By RP Outside Resolution Framework: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has held that payment of pre- Corporate Insolvency Resolution Process ( CIRP ) dues to creditors including government dues...
Litigant who does not Apply for Certified Copy cannot Claim Benefit of Limitation Period: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal, Principal ( NCLAT ) has held that the litigant who does not apply for the certified copy cannot then fall back and claim that he...
CIRP cannot be Initiated Against Jaypee Healthcare Ltd After Full Settlement of Financial Creditors' Claims: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has set aside the Corporate Insolvency Resolution Process ( CIRP ) initiated against Jaypee Healthcare Limited after the...
RP cannot accept any claim after Lapse of Extended Period of 90 days of Insolvency Commencement Date: NCLAT [Read Order]
In a significant case, the Principal bench of National Company Law Appellate Tribunal ( NCLAT ), held that Resolution Professional ( RP ) cannot accept any claim after the lapse of extended period of...
