CoC Can Take Decision To Consolidate CIRP:Â NCLT [Read Order]
The Hyderabad bench of the National Company Law Tribunal ( NCLT ) held that the Comittee of Creditors ( CoCs ) can take decision to consolidate the...
![Resolution Professional Becomes Functus Officio After Approval of Plan under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Resolution-Professional-Functus-Officio-IBC-NCLT-taxscan.jpg "Resolution Professional Becomes Functus Officio After Approval of Plan under IBC: NCLT [Read Order]")
Creditors have Right To File For Bankruptcy Beyond Threshold Timeline u/s 118 Of IBC: NCLAT [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal ( NCLAT ) dismissed appeals and held that the creditors have the right to file for bankruptcy beyond the threshold timeline under...
IBBI dismisses RTI Appeal seeking SCN issued to Insolvency Professional citing Confidential Nature of Commercial Documents [Read Order]
The Executive Director and First Appellate Authority of Insolvency and Bankruptcy Board Of India ( IBBI ) recently dismissed a Right to Information ( RTI ) Application seeking a copy of Show-Cause...
Legitimate Claim of Creditors cannot be Defeated Using Moratorium as Shield: NCLT Rules on Punjab National Bank Case
In a ruling of Punjab National Bank Chandigarh Bench of the National Company Law Tribunal ( NCLT ) while admitting an insolvency petition under section 95 of the Insolvency and Bankruptcy...
No Liability on RP for payments to employees responsible for preserving and managing operations of Jet Airways: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that there is no liability on Resolution Professional ( RP ) for the lump sum payments made to employees who were part of...
