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Delay in Challenging Auction and Issuance of Sale Certificate Renders Appeal Futile: NCLAT Upholds Validity of Liquidation Process
NCLAT upheld the validity of the liquidation process as the delay in challenging the auction and the issuance of the sale certificate...
Mar 113 min read
Limitation Period for Appeals Cannot Be Extended by Subsequent Modification Orders: NCLAT and Supreme Court Uphold Dismissal
The NCLAT and the Supreme Court upheld the dismissal, ruling that the limitation period for appeals could not be extended by subsequent...
Mar 113 min read
Supreme Court Allows Special Court to Proceed with Restitution Application Despite Pending Appeal Under PMLA
The Supreme Court allowed the Special Court to proceed with the restitution application despite the pending appeal under the PMLA. On...
Mar 103 min read
CIRP Extensions Beyond 330 Days Justified and Non-Disclosure of Valuation Report to Operational Creditor Held Non-Prejudicial
NCLAT held that CIRP extensions beyond 330 days were justified and that the non-disclosure of the valuation report to the Operational...
Mar 94 min read
Pre-Existing Dispute Evidenced Through Prior Communications Bars Initiation of CIRP Under Section 9 of the IBC
NCLAT held that a pre-existing dispute evidenced through prior communications barred the initiation of CIRP under Section 9 of the IBC....
Mar 73 min read
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