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Resolution Applicant - Obligation under Resolution Plan while Lender Discharges their Obligations - NCLAT dismisses appeal of SBI - TAXSCAN

Resolution Applicant must fulfil Obligation under Resolution Plan while Lender Discharges their Obligations: NCLAT dismisses appeal of SBI

The Principal Bench of the National Company Law Appellate Tribunal(NCLAT) has held that the resolution applicant must fulfil an obligation under the...

NCLAT approves Private Sales - Private Sales - Interest - NCLAT - Amount - Taxscan

NCLAT approves Private Sales in which the Entire Amount with Interest has already been Paid [Read...

Claim of Return of Stock from CD - Without any Solid Documentary Evidence is invalid - NCLAT - TAXSCAN

Claim of Return of Stock from CD Without any Solid Documentary Evidence is invalid: NCLAT [Read...

Filing an Appeal for Cancellation of Auction and putting Property for Auction - Filing an Appeal - Appeal - IBBI - IBBI (Liquidation Process) Regulations - Liquidation Process - Cancellation of Auction - Auction - Property - Taxscan

Filing an Appeal for Cancellation of Auction and putting Property for Auction is violative of IBBI...

Application us 7 of IBC Acceptable - as Exist of Financial Debt and Default - NCLT - TAXSCAN

Application u/s 7 of IBC Acceptable as Exist of Financial Debt and Default: NCLAT [Read Order]

Reserved Order passed without giving Opportunity of Hearing: NCLT sets aside Order [Read Order]

The Principal Bench of the National Company Law Appellate Tribunal(NCLAT) set aside the reserved order since it was made without allowinga...

Reserved order passed without giving - Opportunity of Hearing - NCLT sets aside Order - TAXSCAN

NCLAT allows Refund as the Amount Deposited in Pursuance of Liquidation Order [Read Order]

The Principal Bench of the National Company Law Appellate Tribunal(NCLAT) allowed the refund of the amount deposited based on the liquidation order. Amit Ahirrao, the appellant who is the Promoter...

NCLT - Refund - amount deposited - pursuance of Liquidation order - Liquidation order - taxscan

NCLAT directs to pay the Amount Deposited to the Court as per Consent Term to Financial Creditor [Read Order]

The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) directed to pay the amount deposited to the court as per consent terms to the financial creditor. Bhagwandas R. Bhattad,...

NCLAT directs to pay the Amount Deposited to the Court - Amount Deposited to the Court as per Consent Term to Financial Creditor - NCLAT - Amount Deposited - Court - Financial Creditor - Taxscan

IBBI releases note on Findings of Supreme Court clarifying Role of AA in Insolvency

The Insolvency and Bankruptcy Board of India (IBBI) has released notes on the findings of the Supreme Court of India in the matter M. Suresh Kumar Reddy Vs. Canara Bank & Ors. [Civil Appeal No....

NCLAT sets aside Nike India's Plea to initiate Insolvency against Dealer

The National Company Law Appellate Tribunal (NCLAT), New Delhi Bench dismissed a petition filed by Nike India to initiate insolvency proceedings against one of its dealers. The Tribunal...

NCLAT - Nike - India - insolvency - TAXSCAN

Failed to submit statutory Record due to internal dispute among shareholders and management: NCLT sets aside Order removes name from ROC [Read Order]

The Delhi principal bench of the National Company Law Appellate Tribunal (NCLAT)set aside an order which removes the name from the Registrar of Companies(ROC)since the assessee failed to submit a...

Madras HC stays GST proceedings during pendency of Proceedings under IBC [Read Order]

Madras High Court (HC) presided over by Justice Abdul Quddhosh stayed the Goods and Service Tax (GST) proceedings during the pendency of proceedings under the Insolvency and Bankruptcy Code...

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