In cases where insolvency proceedings precede an attachment by the ED, the liquidation process under the NCLT takes precedence
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![In cases where insolvency proceedings precede an attachment by the ED, the liquidation process under the NCLT takes precedence](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
![](https://static.wixstatic.com/media/d515a3_1b5cb22fd9c54d2fbd81edd248520c56~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_1b5cb22fd9c54d2fbd81edd248520c56~mv2.webp)
![Once A Resolution Plan Is Approved, All Pre-existing Statutory Dues Not Included In The Plan, are Extinguished And Cannot Be Claimed by Government Authorities](https://static.wixstatic.com/media/d515a3_1b5cb22fd9c54d2fbd81edd248520c56~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_1b5cb22fd9c54d2fbd81edd248520c56~mv2.webp)
- Jun 28
- 2 min
Once A Resolution Plan Is Approved, All Pre-existing Statutory Dues Not Included In The Plan, are Extinguished And Cannot Be Claimed by Government Authorities
![](https://static.wixstatic.com/media/d515a3_f14718b5c1454764bd4eae3cf6b04743~mv2.jpg/v1/fill/w_242,h_242,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_f14718b5c1454764bd4eae3cf6b04743~mv2.webp)
![A Writ Is Not Maintainable For Disputes Arising From A Private Employment Contract, As Such Disputes Do Not Involve Public Functions or Public Law Elements](https://static.wixstatic.com/media/d515a3_f14718b5c1454764bd4eae3cf6b04743~mv2.jpg/v1/fill/w_209,h_173,fp_0.50_0.50,q_90,enc_auto/d515a3_f14718b5c1454764bd4eae3cf6b04743~mv2.webp)
- Jun 28
- 2 min
A Writ Is Not Maintainable For Disputes Arising From A Private Employment Contract, As Such Disputes Do Not Involve Public Functions or Public Law Elements
![](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
![Moratorium under the IBC cannot protect the applicant from proceedings under Section 138/141 of the Negotiable Instruments Act for his vicarious liability](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
- Jun 28
- 3 min
Moratorium under the IBC cannot protect the applicant from proceedings under Section 138/141 of the Negotiable Instruments Act for his vicarious liability
![A Corporate Guarantor, Cannot Claim the Status of A Financial Creditor Against the Corporate Debtor](https://static.wixstatic.com/media/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.webp)
- Jun 28
- 2 min
A Corporate Guarantor, Cannot Claim the Status of A Financial Creditor Against the Corporate Debtor
![](https://static.wixstatic.com/media/d515a3_5c652e849d8340a28faa1b47e6581ce4~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_5c652e849d8340a28faa1b47e6581ce4~mv2.webp)
![The Circular dated 28th September 2023, issued by the IBBI, is partly ultra vires as it introduces new standards not supported by existing law: Bombay HC](https://static.wixstatic.com/media/d515a3_5c652e849d8340a28faa1b47e6581ce4~mv2.jpg/v1/fill/w_209,h_183,fp_0.50_0.50,q_90,enc_auto/d515a3_5c652e849d8340a28faa1b47e6581ce4~mv2.webp)
- Jun 25
- 3 min
The Circular dated 28th September 2023, issued by the IBBI, is partly ultra vires as it introduces new standards not supported by existing law: Bombay HC
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![NCLAT dismissed the appeal against the Liquidator due to lack of merit and non-cooperation by the Appellant](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
- Jun 24
- 3 min
NCLAT dismissed the appeal against the Liquidator due to lack of merit and non-cooperation by the Appellant
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![Liquidator's fees should be calculated based on the liquidation period determined by the NCLT](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
- Jun 24
- 2 min
Liquidator's fees should be calculated based on the liquidation period determined by the NCLT
![](https://static.wixstatic.com/media/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.webp)
![Invitation for Stakeholder Comments on Draft Format for Liquidation Progress Reports](https://static.wixstatic.com/media/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.webp)
- Jun 23
- 1 min
Invitation for Stakeholder Comments on Draft Format for Liquidation Progress Reports
![Security deposits carrying interest at 21% per annum, constituted financial debt under Section 5(8) of the IB Code](https://static.wixstatic.com/media/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.webp)
- Jun 22
- 3 min
Security deposits carrying interest at 21% per annum, constituted financial debt under Section 5(8) of the IB Code