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Claims not included in Approved Resolution Plan are Extinguished: Karnataka HC rules In Favour of Patanjali [Read Order]
The division bench of the Karnataka High Court in a ruling in favour of Patanjali foods limited, has held that Claims not included in...
![Exclusion of stay period of CIRP Petition does not amount to Postponement of Insolvency Commencement date under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/CIRP-NCLT-National-Company-Law-Tribunal-NCLT-Mumbai-Corporate-Insolvency-Resolution-Process-Insolvency-and-Bankruptcy-Code-taxscan.jpg "Exclusion of stay period of CIRP Petition does not amount to Postponement of Insolvency Commencement date under IBC: NCLT [Read Order]")
Application u/s 9 of Insolvency and Bankruptcy Code not Maintainable in absence of Strict Proof of Debt and Default: NCLT [Read Order]
The Mumbai Bench of the National Company Law Tribunal ( NCLT ) has held that the application under Section 9 of the Insolvency and Bankruptcy Code, 2016 ( IBC, 2016 ) for initiating a Corporate...
Allotment of Shares at Concessional Price is Oppressive Act qua Existing Members to whom no such Allotment made: NCLT [Read Order]
The Mumbai Bench of the National Company Law Tribunal (NCLT) observed that the allotment of shares at the concessional price is oppressive act qua existing members to whom no such allotment was made....
NCLT allows Exclusion of 116 Days from CIRP Period due to Criminal Proceedings on Plea by ND Studio's RP
The Mumbai Bench of the National Company Law Tribunal ( NCLT ) allowed the 116 Days from the corporate insolvency resolution process ( CIRP ) period due to criminal proceedings on plea by ND Studio's...
