NCLT reaffirms the RP's entitlement to possession of the assets of the Corporate Debtor under IBC, overriding any conflicting provisions of the State Financial Corporation Act, 1951
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The National Company Law Tribunal (NCLT), Kolkata Bench reaffirms the Resolution Professional's entitlement to possession of the assets...
- Mar 15
- 2 min
The Auction Purchaser Cannot Prevent the Bank from Entering into a One Time Settlement as the Sale was not Confirmed
The Bench of Justice N. Nagesh of Kerala High Court observed that the right of redemption for borrowers ends upon the publication of the...
- Mar 15
- 3 min
The Resolution Professional (RP) is in the best position to decide on the Corporate Debtor's business operations during the CIRP
The National Company Law Appellate Tribunal (NCLAT), Principal Bench comprising Justice Ashok Bhushan (Chairperson) and Barun Mitra and...
- Mar 14
- 3 min
Failure to duly register security interest, as mandated, renders the claimant ineligible for secured creditor status
The Company Law Appellate Tribunal (NCLAT), Chennai Bench comprising Justices M. Venugopal & Sharad Kumar Sharma (Judicial Members) and...
- Mar 14
- 3 min
The Corporate Debtor's Reply to the Demand Notice Clearly Indicates the Substantial Disputes Between Parties
The National Company Law Appellate Tribunal (NCLAT), Principal Bench comprising Justice Ashok Bhushan (Chairperson) and Barun Mitra and...
- Mar 14
- 2 min
Any attempt to enforce a foreign judgment against a corporate debtor through the NCLT is not permissible
The National Company Law Appellate Tribunal (NCLAT), New Delhi Bench, comprising Justice M. Venugopal (Judicial Member) and Dr. Alok ...
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