Proceedings Under SARFAESI Act Initiated Prior to Filing Petition u/s 10 of IBC Cannot Be Termed Fraudulent: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that proceeding under Section 13, sub-section (2) and (4) of the...
![Ex-Director Ineligible to Submit Resolution Plan for MSME when CD is Wilful Defaulter: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Ex-Director-Ineligible-to-Submit-Resolution-Plan-MSME-Wilful-Defaulter-NCLAT-TAXSCAN.jpg "Ex-Director Ineligible to Submit Resolution Plan for MSME when CD is Wilful Defaulter: NCLAT [Read Order]")
Failure to comply with Demand Notice Provisions Attracts Liability for Penal Interest: Delhi HC Sets Aside CCI’s order [Read Order]
The Delhi High Court has set aside the Competition Commission of India's (CCI’s) order, stating that failure to adhere to notice provisions incurs liability for penal interest. The proceedings...
![Failure to comply with Demand Notice Provisions Attracts Liability for Penal Interest: Delhi HC Sets Aside CCI’s order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Demand-Notice-Provisions-Attracts-Liability-Penal-Interest-Delhi-HC-CCIs-order-TAXSCAN.jpg "Failure to comply with Demand Notice Provisions Attracts Liability for Penal Interest: Delhi HC Sets Aside CCI’s order [Read Order]")
Supreme Court dismisses Appeal against NCLAT Order due to 142 Days Delay, Citing Ground of Limitation [Read Order]
The Supreme Court of India has dismissed an appeal filed against the order of the National Company Law Appellate Tribunal ( NCLAT ) due to a delay of 142 days, citing the ground of limitation under...
Ex-Promoter who Resigned before Commencement of CIRP is eligible to Submit Resolution Plan: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) observed that the ex-promoter who resigned before commencement of the Corporate Insolvency Resolution Process (CIRP) is...
No SLP maintainable avoiding Limitation when Statutory Appeal Available: Supreme Court [Read Judgment]
The Supreme Court Division Bench of Chief Justice DY Chandrachud, Justice JB Pardiwala and Justice Manoj Misra held that no Special Leave Petition under Article 136 is maintainable when statutory...
