[Taxscan360] Employee Rights of Companies undergoing Insolvency
What is Insolvency? A company is said to be insolvent when its financial debts supersede over company assets, in such cases of business distress...
Memorandum of Compromise Entered by Operational Creditor and Resigned Director of Corporate Debtor is not valid: NCLAT upholds Order of NCLT in Favour of SBI
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has held that memorandum of Compromise entered by the operational creditor and resigned director of the corporate debtor is...
![Mere Error of Address in Postal Receipt does not Bely the Sending of Notice: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Error-Postal-Receipt-Notice-NCLAT-TAXSCAN.jpg "Mere Error of Address in Postal Receipt does not Bely the Sending of Notice: NCLAT [Read Order]")
Notice Served at the Previous Registered Address Prior to Recording of Change of Address in RoC is Valid: NCLT [Read Order]
The Delhi bench of National Company Law Tribunal ( NCLT ) has held that notice served at the previous registered address prior to recording of change of address in Registrar of Companies is Valid. ...
![Notice Served at the Previous Registered Address Prior to Recording of Change of Address in RoC is Valid: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Notice-Served-Previous-Registered-Address-Prior-Recording-Change-of-Address-RoC-NCLT-Taxscan.jpg "Notice Served at the Previous Registered Address Prior to Recording of Change of Address in RoC is Valid: NCLT [Read Order]")
Operational Creditor is at liberty to file appropriate legal proceedings to recover his claims if Resolution Plan was withdrawn: NCLAT [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal (NCLAT) has held that the Operational Creditor is at liberty to file appropriate legal proceedings to recover his claims if the Resolution...
![Operational Creditor is at liberty to file appropriate legal proceedings to recover his claims if Resolution Plan was withdrawn: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Operational-Creditor-liberty-legal-proceedings-Resolution-Plan-NCLAT-Taxscan.jpg "Operational Creditor is at liberty to file appropriate legal proceedings to recover his claims if Resolution Plan was withdrawn: NCLAT [Read Order]")
![Setback to BSE: Listing Fee dues cannot be recovered under Operational Debt, rules NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/BSE-Fee-dues-Operational-Debt-NCLAT-Taxscan-1.jpg "Setback to BSE: Listing Fee dues cannot be recovered under Operational Debt, rules NCLAT [Read Order]")