![Retrospective bar against initiation of CIRP applies to applications filed from 25 March 2020: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Retrospective-bar-CIRP-Supreme-Court-Taxscan.jpg "Retrospective bar against initiation of CIRP applies to applications filed from 25 March 2020: Supreme Court [Read Judgment]")
Retrospective bar against initiation of CIRP applies to applications filed from 25 March 2020: Supreme Court [Read Judgment]
The Supreme Court held that Section 10A of the Insolvency and Bankruptcy Code (IBC) barred filing of applications for the commencement of the CIRP in...
![Creditor not to become Financial Creditor, if a Corporate Debtor offered Security by pledging Shares, without discharging borrowers liability: Supreme Court [Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Creditor-Financial-Creditor-Corporate-Debtor-Shares-borrowers-liability-Supreme-Court-Taxscan.jpg "Creditor not to become Financial Creditor, if a Corporate Debtor offered Security by pledging Shares, without discharging borrowers liability: Supreme Court [Judgment]")
![Collusive or Sham Transactions with a Corporate Debtor won’t amount to ‘Financial Debt’: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Collusive-Sham-Transactions-Corporate-Debtor-Financial-Debt-Supreme-Court-Taxscan.jpg "Collusive or Sham Transactions with a Corporate Debtor won’t amount to ‘Financial Debt’: Supreme Court [Read Judgment]")
![NCLT approves Amalgamation of ThyssenKrup Marine Systems and Atlas Elektronik [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/NCLT-amalgamation-ThyssenKrup-Marine-Systems-Atlas-Elektronik-Taxscan.jpg "NCLT approves Amalgamation of ThyssenKrup Marine Systems and Atlas Elektronik [Read Order]")
Delhi HC allows petition against denial of Green Card to a class of member by Delhi Gymkhana club [Read Order]
The Delhi High Court allowed the petition against denial of Green Card to a class of members by Delhi Gymkhana club. The present suit has been filed by 7 plaintiffs who are all members of...
NCLT Bengaluru admits ISRO’s Antrix division’s plea To Wind Up Devas Multimedia; Appoints Provisional Liquidator
The National Company Law Tribunal, Bengaluru, on Tuesday allowed the petition filed by Antrix Corporations Ltd. the commercial wing of Indian Space Research Organization to wind up Devas Multimedia...
Applicability of Notification on increased IBC threshold cannot be determined by NCLT Registrar: Delhi High Court [Read Order]
The Delhi High Court has ruled that the issue of applicability of the notification increasing the pecuniary threshold under the Insolvency & Bankruptcy Code (IBC) to Rs 1 crore, does not fall...
![Applicability of Notification on increased IBC threshold cannot be determined by NCLT Registrar: Delhi High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Applicability-of-Notification-IBC-threshold-NCLT-Registrar-Delhi-High-Court-Taxscan.jpg "Applicability of Notification on increased IBC threshold cannot be determined by NCLT Registrar: Delhi High Court [Read Order]")
![NCLT orders Liquidation of dairy products firm Kwality Ltd. [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/NCLT-New-Delhi-orders-liquidation-dairy-products-firm-Kwality-Ltd.-Taxscan.jpg "NCLT orders Liquidation of dairy products firm Kwality Ltd. [Read Order]")
Advance given by Real-Estate developer to Property Owner is Operational Debt under IBC: NCLT [Read Order]
The National Company Law Tribunal (NCLT), Mumbai on last Saturday ruled that the advance amount received by a property owner from the real-estate developer for a re-development project qualifies as...
![Advance given by Real-Estate developer to Property Owner is Operational Debt under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/real-estate-developer-property-owner-operational-debt-IBC-NCLT-Mumbai-NCLT-Taxscan.jpeg "Advance given by Real-Estate developer to Property Owner is Operational Debt under IBC: NCLT [Read Order]")
MCA rules out out a blanket extension of Companies Fresh Start Scheme despite protests outside RoC [Read Circular]
The Ministry of Corporate Affairs (MCA) ruled out  a blanket extension of Companies Fresh Start Scheme despite protests outside the Registrar of Companies (RoC). The government notified the Scheme...
![MCA rules out out a blanket extension of Companies Fresh Start Scheme despite protests outside RoC [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/01/MCA-Companies-Fresh-Start-Scheme-RoC-Taxscan.jpg "MCA rules out out a blanket extension of Companies Fresh Start Scheme despite protests outside RoC [Read Circular]")
NCLT allows Josco Jewellers to cut down on authorised share capital from Rs. 120 crore to Rs.1 cr [Read Order]
The National Company Law Tribunal (NCLT), Kochi Bench allowed the Josco Jewellers Private Limited to cut down on authorised share capital from Rs. 120 crore to Rs.1 crore. The Petitioner Company,...
![NCLT allows Josco Jewellers to cut down on authorised share capital from Rs. 120 crore to Rs.1 cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/NCLT-Koci-Nebil-Nizar-NCLT-Josco-Jewellers-share-capital-Taxscan.jpg "NCLT allows Josco Jewellers to cut down on authorised share capital from Rs. 120 crore to Rs.1 cr [Read Order]")