13 hours ago2 minSupreme Court Enforces Consent Terms, Revokes Insolvency Orders, and Revives Corporate DebtorThe Supreme Court enforced the consent terms, revoked the insolvency orders, and revived the corporate debtor. The Supreme Court Full...
14 hours ago3 minHigh Court Dismisses Contempt Petition, Finding No Willful Disobedience in Context of Insolvency and Arbitration ComplianceThe High Court dismissed the contempt petition, finding no willful disobedience in the context of compliance with insolvency and...
2 days ago2 minNCLAT Upholds Retroactive Suspension of IRP, Validates Replacement Amid Ongoing CIRP ProceedingsThe NCLAT upheld the retroactive suspension of an Interim Resolution Professional (IRP) and validated the appointment of a replacement...
2 days ago2 minNCLAT Validates Post-Expiry CoC Decisions and Resolution Plan Following CIRP Extension Granting, Dismissing Claims of IllegalityThe NCLAT validated the decisions of the Committee of Creditors and the Resolution Plan approved after the CIRP expiry, following the...
3 days ago2 minBank Cannot Proceed with SARFAESI Act Enforcement Against Personal Guarantors During Interim Moratorium Under the Insolvency and Bankruptcy CodeNCLAT held that the bank could not proceed with the enforcement of the SARFAESI Act against personal guarantors during the interim...