Relief to SBI: NCLAT Grants Time to File Rejoinder with Rs. 25,000 Cost to be paid in PM Relief Fund, Dismisses Remaining Directives of AA [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) granted State Bank of India ( SBI ) time to file rejoinder, with Rs. 25,000...
Fees Paid to Liquidator to be Paid under Regulation 4(2)(b) of Liquidation Process Regulations on Realization and Distribution of Proceeds from Auction of Assets: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) observed that the fees paid to Liquidator to be paid under Regulation 4(2)(b) of the Insolvency and Bankruptcy Board of...
![Fees Paid to Liquidator to be Paid under Regulation 4(2)(b) of Liquidation Process Regulations on Realization and Distribution of Proceeds from Auction of Assets: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/NCLAT-Liquidation-Process-Liquidator-fees-Auction-of-Assets-TAXSCAN.jpg "Fees Paid to Liquidator to be Paid under Regulation 4(2)(b) of Liquidation Process Regulations on Realization and Distribution of Proceeds from Auction of Assets: NCLAT [Read Order]")
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...
SRA cannot seek Substitution with another Resolution Applicant when Resolution Plan is Approved by CoC and NCLT: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the Successful Resolution Applicant ( SRA ) cannot seek substitution with another resolution applicant when...
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...
Trademark Hypothecated for Higher Amount and Subsequently Assigned for Lower is not Undervalued Transaction: NCLAT
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that trademark hypothecated for higher amount and subsequently assigned for lower not undervalued transaction. All...
