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Supreme Court rules that dispute become non-arbitrable once application u/s 7 of IBC is admitted
A Full Bench of the Hon’ble Supreme Court comprising Justices S.A. Bobde, A.S. Bopanna, and V. Ramasubramanian in the matter of Indus...
May 31, 20214 min read
SC allows section 9 application in light of acknowledgement of liability by the corporate debtor
A Full Bench of the Hon’ble Supreme Court in the matter of N. Subramanian v. M/s Aruna Hotels Ltd. & Another, REED 2021 SC 03547 owing to...
May 29, 20212 min read
SC rules that section 14 of Limitations Act is applicable to the proceedings u/s 7 or 9 of IBC
A Division Bench of the Hon’ble Supreme Court comprising of Justices Indira Banerjee and Hemant Gupta in the case of Sesh Nath Singh &...
May 28, 20214 min read
Banks cannot charge compound interest on loan from borrowers during the moratorium issued by RBI: SC
Full bench of the Hon’ble Supreme Court comprising of Justices Ashok Bhushan, R. Subhash Reddy and M.R. Shah, pronounced its verdict in...
May 27, 20215 min read
SC upholds Petition u/s 7 or 9 of IBC maintainable during pendency of winding-up proceeding
A Division Bench of the Hon’ble Supreme Court comprising of Justices Rohinton Fali Nariman and B. R. Gavai in A. Navinchandra Steels...
May 26, 20213 min read
Supreme Court strikes down RBI Circular of revised framework for resolution of stressed assets
A Division Bench of the Hon’ble Supreme Court comprising Justices R.F. Nariman and Vineet Saran in the matter of Dharani Sugars and...
May 25, 20216 min read
Person ineligible u/s 29A IBC to submit resolution plan cannot compromise u/s 230 of Companies Act
A Division Bench of the Hon’ble Supreme Court comprising of Justices Dr. Dhananjaya Y. Chandrachud and M. R. Shah in the case of Arun...
May 24, 20214 min read
Supreme Court upholds, PPA cannot be terminated during CIRP under section 14 of IBC
A Division Bench of the Hon’ble Supreme Court comprising of Justices Dr. Dhananjaya Y. Chandrachud and M.R. Shah in the matter titled...
May 22, 20215 min read
NCLT and NCLAT cannot interfere in the commercial wisdom of CoC except for limited grounds u/s 30-31
A Full Bench of the Hon’ble Supreme Court comprising of Justices A.M. Khanwilkar, B.R. Gavai and Krishna Murari in the case titled...
May 21, 20215 min read
No scope for renegotiations of resolution plan pursuant to its approval by CoC under I & B Code: SC
A Division bench of the Hon’ble Supreme Court comprising of Justices Dr. Dhananjaya Y. Chandrachud and M. R. Shah in the case of...
May 19, 20212 min read
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