Whether an ex-employee of a financial creditor is eligible to be appointed as Resolution Professional? Read what SC says
Supreme Court: The 3-Judge Bench of Arun Mishra, B.R. Gavai and Krishna Murari, JJ., set aside the NCLAT’s Order with regard to
NCLT
Perjury in the National Company Law Tribunal and the National Company Law Appellate Tribunal: An Opinion
by Amir Arsiwala* & Ishan J Ravindranath**
Remedy against Guarantor – IBC – A better choice
by Umesh Shetty*
Kar HC | ‘He who comes for relief in equity must come with clean handsʼ; Petition dismissed
Karnataka High Court: P.S. Dinesh Kumar, J., rejects the petition seeking the writ of certiorari against the order of NCLT imposing heavy
Del HC | Will the jurisdiction to address issues of oppression and mismanagement, elections to board of directors of company, etc., vest exclusively with NCLT? HC considers
Delhi High Court: Najmi Waziri, J., while addressing the present matter considered the following issues: Whether elections to the Board of Directors of
NCLAT | Whether provisions of Limitation Act, 1963 vide S. 238A of I&B Code, 2016 will be applicable to all NPA cases or not? Tribunal answers
National Company Law Appellate Tribunal (NCLAT): Full Bench of Justice Bansi Lal Bhat (Acting Chairperson) and Justice Anant Bijay Singh (Member, judicial) and
NCLAT rejects Corporate Creditor’s demand of payment of outstanding operational debt worth Rs 58 crores, after finding ‘plausible contention’ in debtor’s arguments
National Company Law Appellate Tribunal, New Delhi: The 3-Member Bench of Justice Bansi Lal Bhat (Acting Chairperson), V.P. Singh, Member (Technical) and
NCLAT provides relief to companies by easing way to exit from corporate insolvency resolution process
National Company Law Appellate Tribunal: Justice Bansi Lal Bhat (Acting Chairperson), Justice Anant Bijay Singh (Member, Judicial), Dr Ashok Kumar Mishra (Member,
NCLAT upholds NCLT Judgment allowing liquidator to sell company’s assets attached by ED
National Company Law Appellate Tribunal (NCLAT): A Bench comprising of Justice S.J. Mukhopadhaya (Chairperson) and Justice B.L. Bhat (Judicial member) rejected an
BSV Prakash’s tenure as Acting President of NCLT — Extended
Extension of tenure of BSV Prakash Kumar, Judicial Member, NCLT as Acting President — National Company Law Tribunal. The extension period has
COVID-19 | Lockdown | NCLAT extends period of limitation applicable to pending proceedings/ interim orders, and directs banks to extend periods of Fixed Deposits
Upon requests for urgent listing of cases having been made telephonically to Registrar of this Appellate Tribunal from various persons, who were
NCLAT | NCLT’s order of barring an auditor for 5 years on grounds of misusing his position, held –Unsustainable
National Company Law Appellate Tribunal (NCLAT): The Bench comprising of Justice Jarat Kumar Jain (Judicial) and Balvinder Singh (Technical) and Dr Ashok
Judicial Member Bethala Shantha Vijaya Prakash Kumar appointed as Actg. President of NCLT
S.O. 72(E).— Consequent on the completion of the term of Office of Justice Shri M.M. Kumar as President, National Company Law Tribunal
Provisions of I&B Code must prevail over Section 434 of Companies Act if there is any inconsistency: SC
Supreme Court: A Bench comprising of R.F. Nariman and M.R. Shah, JJ. allowed an appeal filed against the order of Rajasthan High
Appeal filed under I&B Code by ‘suspended’ Board of Directors—held not maintainable: NCLAT
National Company Law Appellate Tribunal (NCLAT): A two-member bench comprising of Justice S.J. Mukhopadhaya and Balvinder Singh, Member (Technical) restored the Corporate
Proceedings under Section 9 I&B Code quashed in absence of Demand Notice in terms of Section 8(1): NCLAT
National Company Law Appellate Tribunal (NCLAT): A two-member bench comprising of Justice S.J. Mukhopadhaya, Chairperson and Bansi Lal Bhat, Member (Judicial) allowed
Every ‘interest’ on principal amount is not included in ‘debt’; application under Section 9 I&B Code rejected: NCLAT
National Company Law Appellate Tribunal (NCLAT): A two-member bench comprising of Justice S.J. Mukhopadhaya, Chairperson and Justice Bansi Lal Bhat, Member (Judicial),
Cyrus Investment’s plea of transfer of company petition against Tata Sons to Tribunal’s Delhi forum dismissed
National Company Law Tribunal, New Delhi: Cyrus Investment, the petitioners filed an application under Rule 11, read with Rule 16 of the