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Madras High Court Holds NCLT Bound to Appoint IRP Proposed by Corporate Debtor Under IBC
The Madras High Court held that the NCLT is bound to appoint the Interim Resolution Professional (IRP) as proposed by the Corporate...
Jul 143 min read
Secured Creditor Bound to Contribute Towards Workmen’s Dues Under SARFAESI Act; No Liability for Liquidation Costs Under IBC
NCLAT held that a secured creditor who realises its security interest under the SARFAESI Act is bound to contribute proportionately...
Jul 143 min read
Bombay HC: No NI Act Liability for Ex-Directors When Cheques Dishonoured During IBC Moratorium and Liquidation
The Bombay High Court held that no liability under the Negotiable Instruments Act can be imposed on former directors for dishonour of...
Jul 133 min read
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