Whether a Company Petition filed for initiation of CIRP against a Corporate Debtor, can be withdrawn during the process of Liquidation?
Subject Insolvency and Bankruptcy Code, 2016 Case Shri. V S Varun, Liquidator, M/s. Aradhya Wire and Ropes Pvt. Ltd. Vs. M/s. South Indian Bank Corporate Debtor M/ s. Aradhya Wire…
Judgement on Application for Modification of Resolution Plan by Dissenting Creditors
Application No. IA 2025/2021 in CP (IB) No. 1137/MB/2017IA 2028 of 2021 in CP No. 1137/MB/2017IA 2035 of 2021 in CP No. 1137/MB/2017 Applicant Union Bank of India, Bank of…
Judgement on service of notice to registered mail address of the Corporate Debtor.
Subject Insolvency and Bankruptcy Code, 2016 Case Rajnish Gupta vs Union Bank of India Tribunal NCLAT, New Delhi Spirit of the Case Validity of service of notice to e-mail address…
RP seeks relaxation from provisions of Code in Reverse CIRP mechanism
Application No. IA No. 48/JPR/2021 In CP No. (IB)- 170/7/JPR/2019 Applicant Resolution Professional for Coral Infragold Pvt. Ltd. Subject Section 60(5) of Insolvency and Bankruptcy Code 2016, read with Rule…
Power to call third valuation on fair and liquidation value
Subject Insolvency and Bankruptcy Code, 2016 Case Name M/s. Rana Saria Poly Pack Pvt. Ltd .Vs . Uniworld Suagrs Pvt .Ltd Corporate debtors M/s Uniworld Sugars Pvt. Ltd Adjudicating Authority…
Judgement on providing clarity in definition of Financial Debt as per the provision of the Code
Subject Insolvency and Bankruptcy Code, 2016 Case Name M/s. Orator Marketing Private Limited Vs. M/s. Samtex Desinz Private Limited Corporate Debtor M/s Samtex Desinz Private Limited M/s Samtex Desinz Private…
Judgement on admission of claim after Approval of Resolution Plan
Application No I.A. No. 525/2019 in CP. IB-1059/(ND)/2018 Applicant Mr. Gulshan Sethi Respondent Resolution Professional Subject Section 60(5) of the Insolvency and Bankruptcy Code, 2016 Order Date 23.07.2021 Case Summary…
“NCLAT : CIRP commences from pronouncement of order not from Uploading in Website”– an NCLAT judgement synopsis
Application No. Company Appeal (AT) (Insolvency) No. 966 of 2021 Appellant Home Buyer/Operational Creditor Claimant Respondent Resolution Professional of Kindle Developers Private Limited Subject Determination of Insolvency Commencement Date Order…
Judgement on Appeal by Dissenting COC
Application No (Company Appeal(AT)(Insolvency) No. 1117 of 2019) Applicant Canara Bank, Dissenting CoC Member Respondent 1. Resolution Professional, Aristo Texcon. 2. North East Development Finance Corporation Ltd. (CoC) 3. Punjab…
Judgement under Section 12A of the Code can be allowed, even if promoter is ineligible under Section 29A of the Code.
Subject Insolvency and Bankruptcy Code, 2016 Case Shweta Vishwanath Shirke & Ors. Vs The Committee of Creditors & Anr Corporate Debtor M/s. Sterling Biotech Ltd Adjudicating Authority NCLAT, New Delhi…