Extension of time in payment by Resolution Applicant is not modification of Resolution Plan: NCLAT
The Delhi bench of the National Company Law Appellate Tribunal (NCLAT) held that extension of time in payment by the resolution applicant is not...
Power of recall is not Power of Tribunal to rehear case, which is scope of Review of Judgment : NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal(NCLAT) held that power to recall is not power of the tribunal to rehear the case , which is the scope of review of judgment. The...
New Resolution Applicants not entitled to Participate in CIRP and Submit Resolution Plan to NCLT without Issuance of Fresh Form G: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal held that new resolution applicants not entitled to participate in Corporate Insolvency Resolution Process ( CIRP ) and submit...
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...
