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NCLT Approves Orissa Metaliks' Resolution Plan for Metenere Limited, Upholding CoC's Authority and Ensuring Compliance with IBC Regulations
The NCLT approved Orissa Metaliks' resolution plan for Metenere Limited, upholding the CoC's authority and ensuring compliance with IBC...
Feb 54 min read
Non-Compliance with CIRP Framework and Procedural Irregularities Render Resolution Plan Unfit for Approval
NCLT held that non-compliance with the CIRP framework and procedural irregularities rendered the Resolution Plan unfit for approval. The...
Feb 54 min read
NCLAT Reiterates Pre-CIRP Rental Claims Classified as Operational Debts, Not CIRP Costs
NCLAT reiterated that pre-CIRP rental claims were classified as operational debts, not CIRP costs. The National Company Law Appellate...
Feb 33 min read
NCLAT Upholds Section 29A(c) Disqualification, Rejecting MSME Status as a Valid Defense
The NCLAT upheld the disqualification under Section 29A(c) of the IBC, rejecting MSME status as a valid defence. The National Company Law...
Feb 24 min read
Dissolution without Liquidation: NCLAT Permits Corporate Debtor Dissolution Without Liquidation Due to Futility and Lack of Assets
NCLAT permitted the dissolution of a corporate debtor without liquidation due to futility and lack of assets. The National Company Law...
Feb 13 min read
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