1,821 cases filed by Homebuyers against Builders under Insolvency and Bankruptcy Code
As per the information received from National Company Law Tribunal (NCLT), total 1,821 cases filed by homebuyers against builders since June, 2018,...
![MCA appoints 28 New Judicial and Technical Members in NCLT [Read Notification]](https://www.taxscan.in/wp-content/uploads/2019/03/NCLT-Taxscan.jpg "MCA appoints 28 New Judicial and Technical Members in NCLT [Read Notification]")
Ex. Directors of Shivam Water Treaters given 2 days to hand over entire property to RP: NCLT [Read Order]
The Mumbai Bench of the National Company Law Tribunal ( NCLT ) in the case of Asset Reconstruction Co. (India) Pvt. Ltd. v Shivam Water Treaters Pvt. Ltd. vide its order dated 18.02.2019, has provided...
![Ex. Directors of Shivam Water Treaters given 2 days to hand over entire property to RP: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/02/NCLT-Shvam-Water-Treaters-tTaxscan.jpg "Ex. Directors of Shivam Water Treaters given 2 days to hand over entire property to RP: NCLT [Read Order]")
Resolution Plan cannot be challenged before the NCLT on the ground of failure to meet the threshold requirement where the same is purely a business decision: SC [Read Judgment]
The Supreme Court in the case of K. Sashidhar v. Indian Overseas Bank & Ors. held that if the opposition to the proposed resolution plan is purely a commercial or business decision, the same,...
![Resolution Plan cannot be challenged before the NCLT on the ground of failure to meet the threshold requirement where the same is purely a business decision: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/02/NCLT-Supeme-Court-Taxscan.jpg "Resolution Plan cannot be challenged before the NCLT on the ground of failure to meet the threshold requirement where the same is purely a business decision: SC [Read Judgment]")
![Supreme Court upholds Vires of Insolvency and Bankruptcy Code [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/09/Deduction-Supreme-Court-of-India-Taxscan.jpg "Supreme Court upholds Vires of Insolvency and Bankruptcy Code [Read Judgment]")
![MCA releases report of ‘Committee to Review Offences under Companies Act, 2013 [Read Report]](https://www.taxscan.in/wp-content/uploads/2018/08/MCA-Taxscan.jpg "MCA releases report of ‘Committee to Review Offences under Companies Act, 2013 [Read Report]")
Committee on Review of Penal provisions of Company Act 2013 submits final report to Finance Minister Arun Jaitley
The Committee constituted by Government of India in July 2018 to review the existing framework dealing with offences under the Companies Act, 2013 and related matters and make recommendations to...
Homebuyers to be part of Insolvency Process: SC Orders Fresh bids for Jaypee Infra [Read Judgment]
While allowing a bunch of petitions in the Jaypee Infratech matter, the Supreme Court ordered a fresh round of bidding for the company but barred the parent Jaiprakash Associates or its promoters from...
![Homebuyers to be part of Insolvency Process: SC Orders Fresh bids for Jaypee Infra [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/08/Jaypee-Infra-Supreme-Court-of-India-Taxscan.jpg "Homebuyers to be part of Insolvency Process: SC Orders Fresh bids for Jaypee Infra [Read Judgment]")