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NCLAT New Delhi dismisses the appeal filed by the IBBI as it is misconceived and not maintainable
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi comprising Justice Rakesh Kumar Jain, Judicial Member and...
Feb 10, 20232 min read
The appellant cannot be convicted as the settlement was nothing but a compounding of the offence: SC
The Supreme Court yesterday held that the Appellants cannot be convicted on the basis of the orders passed by the Trial Court, as the...
Feb 2, 20232 min read
Section 9 Application cannot be accepted if the dispute raised by the CD is not a moonshine dispute
The NCLAT Delhi bench today held that Section 9 Application cannot be accepted if the dispute raised by the Corporate debtor is not a...
Feb 1, 20233 min read
National Company Law Tribunal prescribes Dress Code for the Court's members and practitioners
In supersession of the National Company Law Tribunal (NCLT)'s order dated 2.8.2016 and 14.11.2017, and in the exercise of the powers...
Feb 1, 20232 min read
Any letter by the CD mentioning dues of loan amount has to be treated as an acknowledgement of dues
The NCLAT Delhi held that Any letter by the Corporate Debtor mentioning dues of the loan amount has to be treated as an acknowledgement...
Feb 1, 20232 min read
SC: The defence raised by the appellant satisfies the standard of “preponderance of probability”
The Supreme Court found that the defence raised by the appellant satisfies the standard of “preponderance of probability”. The Supreme...
Jan 24, 20233 min read
There should be a cadre of insolvency professionals so that they are accountable to a body
The Chairperson of the National Company Law Appellate Tribunal, Principal Bench, New Delhi, Justice Ashok Bhushan (the former judge of...
Jan 24, 20232 min read
Insolvency and Bankruptcy Board of India organises an Insolvency Professionals Conclave in Chennai
The Insolvency and Bankruptcy Board of India (IBBI), in association with the three Insolvency Professional Agencies, namely, the Indian...
Jan 20, 20232 min read
An approved scheme of merger has statutory force and binding on all stakeholders including creditors
The NCLAT New Delhi Bench held that an approved scheme of amalgamation/ merger has the statutory force and is binding on all stakeholders...
Jan 19, 20233 min read
Discretion is vested with the Adjudicating Authority to admit or not admit the section 7 Application
The NCLAT Delhi dismissed the section 7 Application and held that the discretion is vested with the Adjudicating Authority to admit or...
Jan 13, 20232 min read
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