NCLAT upholds CIRP Proceedings initiated u/s 9 of IBC against Corporate Debtor for outstanding dues to Operational Creditor [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) upheld the Corporate Insolvency Resolution Professional ( CIRP ) ...
RP running Corporate Debtor's Business, is Best Person to Decide what Part of Business to be Carried Out: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) ruled that the Resolution Professional (RP) running Corporate Debtor's business, is the best person to decide what part of...
Section 29A(C) of IBC disqualifies persons Managing and Controlling Corporate Debtor who Failed to Clear Debts: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) ruled that Section 29A(C) of the Insolvency and Bankruptcy Code, 2016 ( IBC ) disqualifies persons managing and...
NCLT cannot direct CoC to Consider Suspended Management's Settlement Proposal without granting Opportunity to SRA: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the National Company Law Tribunal ( NCLT ) cannot direct Committee of Creditors ( “CoC” ) consider suspended...
Liquidator can Pursue Writ Petition for CD on allowance of Liquidator to Prosecute u/s 33(5) of IBC: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) ruled that the liquidator can pursue writ petition for the Corporate Debtor ( CD ) on allowance of liquidator to prosecute...
