Supreme Court Halts NBCC Takeover Of Supertech’s Stalled Projects The Supreme Court has stayed the National Company Law Appellate Tribunal’s (NCLAT) December order directing NBCC (India) to take over...
Debtors/Defaulters Forced ONTO Ventilator: Dead Or Not The Master Circular introduced by the RBI has given creditor banks a powerful weapon for resolving distressed assets by shutting out access to...
Busy Bee Airways Seeks to Acquire Go First, Challenges Liquidation in NCLATBusy Bee Airways, which has contested the liquidation of grounded airline Go First, informed the National Company Law...
NCLT inducts Glas Trust and Aditya Birla into CoC of Byju’s Think & LearnThey were removed from the list after the company's IRP, Pankaj Srivastava reconstituted the committeeThe Bengaluru bench...
NCLT: Financial Lease With Ownership Transfer And Interest On Delayed Payments Qualifies As Financial Debt The National Company Law Tribunal (NCLT), Delhi, recently ruled in favor of the Ghaziabad...
Liability Of Personal Guarantors After Assignment Of Debt Under IBC: The Unsettled Fate INTRODUCTION The enactment of the Insolvency and Bankruptcy Code, 2016 (IBC) has fundamentally transformed...
Distressed M&A Under The Insolvency And Bankruptcy Code, 2016: Navigating Challenges And Opportunities The introduction of the Insolvency and Bankruptcy Code, 2016 (I&B Code) has marked a...
The National Company Law Tribunal Has Jurisdiction To Direct The Enforcement Directorate To Release Attached Properties Of The Corporate Debtor INTRODUCTION: The Bombay High Court in its decision...
NCLAT Affirms Dissenting Financial Creditors Entitled Only to Liquidation Value of Secured Interest Under Section 30(2)(b) of IBCThe New Delhi bench of the National Company Law Appellate Tribunal...
NCLAT New Delhi: Adjudicating Authority Can Recall Judgments but Lacks Power to ReviewThe NCLAT Delhi bench, comprising Justice Rakesh Kumar Jain (Member Judicial), Naresh Salecha (Member Technical),...
Supreme Court: High Court Lacks Justification to Defer CIRP Under Article 226 of theConstitutionThe Supreme Court has ruled that banks can claim tax deductions for broken-period interest on Held to...
NCLAT Rules Look-Back Period for Related-Party Transactions Cannot Exceed Two Years Under IBCThe National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, comprised of Justice...
