![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]")
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...
![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]")
Creditor not to become 'Financial Creditor', if a Corporate Debtor offered Security by pledging Shares, without discharging borrower's liability: Supreme Court [Judgment]
The Supreme Court held that a creditor will not become a 'financial creditor' under the Insolvency and Bankruptcy Code, if a corporate debtor offered security by pledging shares, without discharging...
![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]
The Supreme Court held that the Collusive or sham transactions with a corporate debtor will not amount to ‘financial debt’ under the Insolvency and Bankruptcy Code 2016. The appellant, Phoenix Arc...
![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]")
Budget 2021: Decriminalisation of the Limited Liability Partnership (LLP) Act, 2008 proposed [Read Finance Bill]
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman proposed reforms for small companies and MSMEs to strengthen Startup ecosystem, while presenting Union Budget 2021-22 in...
![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]")