Supreme Court: Application for Arbitrator's Appointment Cannot Be Rejected Due to Multiplicity if New Cause of Action ArisesIn a significant ruling, the Supreme Court allowed an appeal filed by HPCL...
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...
Supreme Court: Inherent Powers Under Rule 11 of NCLT Cannot Circumvent Withdrawal Procedure Under Section 12A of IBC and Regulation 30AThe Supreme Court bench, comprising Chief Justice of India D.Y....
NCLT Rules Default During Prohibited Period U/S 10A Of IBC Cannot Be Shifted by Subsequent Demand NoticesThe National Company Law Tribunal (NCLT), Mumbai Bench, presided over by Hon'ble Shri K. R....
NCLAT New Delhi: Written Financial Contract Not Required to Establish Debt Under Section 5(8) of IBCThe NCLAT New Delhi Bench, comprising Justice Ashok Bhushan (Chairperson) and Barun Mitra (Technical...
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),...
Delhi High Court Affirms Limited Jurisdiction Under Articles 226/227 of the constitution for Procedural Orders in Arbitration ProceedingsJustice Sanjeev Narula of the Delhi High Court has clarified...
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...
NCLT Chennai Rules That Only Committee of Creditors Can Replace Resolution Professional, Not Operational CreditorsThe National Company Law Tribunal (NCLT), Chennai Bench, consisting of Jyoti Kumar...
NCLT Upholds Axis Bank and NKGSB Bank's Claims as Secured Debt, Rules Absence of NOC Does Not Automatically Invalidate Security DocumentsThe National Company Law Tribunal (NCLT) has ruled in favor of...
NCLAT: Application Under Section 65 of IBC Can Be Considered Prior to Admission of Insolvency PetitionThe National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, comprising...
