Jul 5, 20212 minBorrower has remedy u/s 17 SARFAESI Act to file an appeal against action taken by secured creditorA Division Bench of the Gauhati High Court Chief Justice Sudhanshu Dhulia and Manash Ranjan Pathak, J. in the case of Kakoti Engineering...
Jun 24, 20213 minSC upholds Centre’s Notification enforcing IBC provisions to the insolvency of personal guarantors A Division Bench of the Hon’ble Supreme Court comprising Justices L. Nageswara Rao and S. Ravindra Bhat in Lalit Kumar Jain v. Union of...
Jun 24, 20219 minInitiation of Corporate Insolvency Resolution Process (CIRP) under IBC – A step by step guideThe Insolvency and Bankruptcy Code, 2016 is an attempt to reform the Corporate Insolvency Resolution Process by allowing faster...
Jun 23, 20214 minThe resolution process may be jeopardised if new claims pop-upThe matter of Harish Polymer Product v. George Samuel and Another, REED 2021 NCLAT Del 06564, was heard in the National Company Law...
Jun 21, 20218 minMoratorium under IBC: Its effect on parallel proceedingsThe moratorium under the Insolvency and Bankruptcy Code, 2016 (IBC) means a period wherein no judicial proceedings for recovery,...
Jun 18, 20214 minNCLT Mumbai raises doubt over the confidentiality of liquidation value of Videocon group companiesA two-member bench of the National Company Law Tribunal, Mumbai (NCLT) comprising members H. P. Chaturvedi, Judicial Member and Ravikumar...