NCLAT directs to Modifies Resolution Plan by compliance with provision of section 30(2)(b)(ii) of IBC [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) directed to modify the resolution plan passed by the adjudication authority...
![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]")
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...
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...
RP cannot be directed to hand over Charge of CD to Ex-Management when CIRP is stayed: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) ruled that the Resolution Professional (RP) cannot be directed to hand over charge of Corporate Debtor (CD) to Ex-Management...
