Approval of the Resolution Plan by a Single Member of the NCLT Violates Section 419(3) of Companies Act 2013
![Approval of the Resolution Plan by a Single Member of the NCLT Violates Section 419(3) of Companies Act 2013](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)
![](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)
![Failure to Challenge the Subsequent E-Auction Notice Constitutes Waiver, Acquiescence and Estoppel by Conduct on the Part of the Appellant/SRA](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)
- May 31
- 2 min
Failure to Challenge the Subsequent E-Auction Notice Constitutes Waiver, Acquiescence and Estoppel by Conduct on the Part of the Appellant/SRA
![Supreme Court Rules the Existence of a Mortgage and Recoverable Loan Amounts Justify Proceedings under the SARFAESI Act](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)
- May 31
- 2 min
Supreme Court Rules the Existence of a Mortgage and Recoverable Loan Amounts Justify Proceedings under the SARFAESI Act
![](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)
![The Failure to Implead the Successful Auction Purchaser as a Necessary Party, Violates the Principles of Natural Justice](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)
- May 29
- 2 min
The Failure to Implead the Successful Auction Purchaser as a Necessary Party, Violates the Principles of Natural Justice
![](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)
![Section 32A of the IBC Provides Automatic Immunity from Prosecution and Attachment for Corporate Debtors with Approved Resolution Plans](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)
- May 29
- 2 min
Section 32A of the IBC Provides Automatic Immunity from Prosecution and Attachment for Corporate Debtors with Approved Resolution Plans
![](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
![NCLAT Affirms Successful Resolution Applicant Met All Conditions Precedent for Implementing Jet Airways' Resolution Plan](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)
- May 28
- 3 min
NCLAT Affirms Successful Resolution Applicant Met All Conditions Precedent for Implementing Jet Airways' Resolution Plan
![](https://static.wixstatic.com/media/d515a3_afb3adc49d7c4ffe8b811152ad902b39~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_afb3adc49d7c4ffe8b811152ad902b39~mv2.webp)
![High Court Directs ICICI Bank Chairman to Justify Use of Recovery Agents Despite Supreme Court Ban](https://static.wixstatic.com/media/d515a3_afb3adc49d7c4ffe8b811152ad902b39~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_afb3adc49d7c4ffe8b811152ad902b39~mv2.webp)
- May 28
- 2 min
High Court Directs ICICI Bank Chairman to Justify Use of Recovery Agents Despite Supreme Court Ban
![Once a Resolution Plan is Approved by the Committee of Creditors, It Cannot Be Withdrawn or Modified by the Resolution Applicant](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)
- May 27
- 2 min
Once a Resolution Plan is Approved by the Committee of Creditors, It Cannot Be Withdrawn or Modified by the Resolution Applicant
![](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)
![NCLAT Set Aside the Order of NCLT; Priority of Corporate Debtor Revival Over Liquidation is the Objective of the IBC](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)
- May 27
- 3 min
NCLAT Set Aside the Order of NCLT; Priority of Corporate Debtor Revival Over Liquidation is the Objective of the IBC
![](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)
![Insolvency and Bankruptcy Code Provisions do not Override Third-Party Rights to Control and Regulate Their Properties](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)
- May 26
- 2 min
Insolvency and Bankruptcy Code Provisions do not Override Third-Party Rights to Control and Regulate Their Properties