![NCLT cant direct Invitation of fresh bids from Resolution applicants once Resolution Plan is approved by CoC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/NCLT-Invitation-of-fresh-bids-from-resolution-applicants-resolution-plan-CoC-NCLAT-taxscan.jpg "NCLT cant direct Invitation of fresh bids from Resolution applicants once Resolution Plan is approved by CoC: NCLAT [Read Order]")
NCLT can't direct Invitation of fresh bids from Resolution applicants once Resolution Plan is approved by CoC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has ruled that the NCLT (National Company Law Tribunal) cannot direct for invitation of fresh...
![NCLT to hold hearings virtually amid Covid-19 Second Wave [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/NCLT-hearings-virtually-Covid-19-Second-Wave-Taxscan.jpg "NCLT to hold hearings virtually amid Covid-19 Second Wave [Read Order]")
![Principal Borrower need not be Corporate Person for Insolvency Process to be initiated against Corporate Guarantor: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Principal-borrower-corporate-person-insolvency-process-Corporate-Guarantor-Supreme-Court-taxscan.jpeg "Principal Borrower need not be Corporate Person for Insolvency Process to be initiated against Corporate Guarantor: Supreme Court [Read Judgment]")
![Supreme Court quashes NCLAT order reinstating Cyrus Mistry as Chairperson of Tata Sons [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Supreme-Court-NCLAT-order-Cyrus-Mistry-Chairperson-Tata-Sons-taxscan.jpg "Supreme Court quashes NCLAT order reinstating Cyrus Mistry as Chairperson of Tata Sons [Read Judgment]")
Only Debts covered under definition of ‘Operational Debt’ can file application under Section 9 of Insolvency and Bankruptcy Code: NCLT
The National Company Law Tribunal (NCLT), Kochi Bench ruled that only debts covered under the definition of ‘Operational Debt’ can file an application under Section 9 of Insolvency and Bankruptcy...
![Ex-promoters ineligible to suggest Revival Scheme under Companies Act: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Ex-promoters-Companies-Act-Supreme-Court-Taxscan.jpeg "Ex-promoters ineligible to suggest Revival Scheme under Companies Act: Supreme Court [Read Judgment]")
Writ Jurisdiction can be invoked in IBC matters, despite the availability of an Alternative Remedy: Calcutta High Court [Read Judgment]
The Calcutta High Court held that the writ jurisdiction can be invoked in the Insolvency and Bankruptcy Code (IBC) matters, despite the availability of an alternative remedy. The petitioners,...
![Writ Jurisdiction can be invoked in IBC matters, despite the availability of an Alternative Remedy: Calcutta High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Insolvency-Banruptancy-Code-Writ-Jurisdiction-IBC-Calcutta-High-Court-Taxscan.jpg "Writ Jurisdiction can be invoked in IBC matters, despite the availability of an Alternative Remedy: Calcutta High Court [Read Judgment]")
Moratorium order under Section 14 IBC bars parallel proceedings against Corporate Debtor: SC [Read Judgment]
The Supreme Court ruled that the Moratorium order under Section 14 IBC bars parallel proceedings against Corporate Debtors under Section 138 of Negotiable Instruments Act. The National Company Law...
Delhi High Court stays attachment of Deccan Chronicles Properties in ED Proceedings on plea of Union Bank of India [Read Order]
The Delhi High Court on the plea of Union Bank of India stayed Attachment of Deccan Chronicles Properties in Proceedings before Directorate of Enforcement (ED). The Petitioner, Union Bank of India...
