Commercial wisdom of the Committee of Creditors in approving a Resolution Plan is not subject to judicial review unless it violates statutory provisions
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![Commercial wisdom of the Committee of Creditors in approving a Resolution Plan is not subject to judicial review unless it violates statutory provisions](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)
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![Cyber fraud does not constitute necessarily a pre-existing dispute between the Operational Creditor and Corporate Debtor under 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 2
- 2 min
Cyber fraud does not constitute necessarily a pre-existing dispute between the Operational Creditor and Corporate Debtor under the IBC
![](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)
![Dissenting financial creditors are entitled to payment not less than what they would receive in case of liquidation](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 2
- 2 min
Dissenting financial creditors are entitled to payment not less than what they would receive in case of liquidation
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![Granting extensions for payment does not constitute a modification of the Resolution Plan](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 1
- 2 min
Granting extensions for payment does not constitute a modification of the Resolution Plan
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![NCLAT Stresses Procedural Integrity, Validity of Claims, Transparency, and Conflict of Interest](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
- May 1
- 3 min
NCLAT Stresses Procedural Integrity, Validity of Claims, Transparency, and Conflict of Interest
![](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)
![Mere Affirmation Of CIRP Admission Does Not Preclude The Adjudicating Authority From Examining The Intervention Application's Merits](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)
- Apr 30
- 2 min
Mere Affirmation Of CIRP Admission Does Not Preclude The Adjudicating Authority From Examining The Intervention Application's Merits
![Tenant's Rights Upheld: Supreme Court Nullifies Auction Sale, Rejects Bank's Claim for Possession](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)
- Apr 25
- 2 min
Tenant's Rights Upheld: Supreme Court Nullifies Auction Sale, Rejects Bank's Claim for Possession
![](https://static.wixstatic.com/media/d515a3_c8277d291f624b6db8df439549c336ca~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_c8277d291f624b6db8df439549c336ca~mv2.webp)
![Defaulter Cannot Resort To Criminal Proceedings Against Creditor or Auction Purchaser Against Auction Held Under SARFAESI Act; Exclusively DRT's Domain](https://static.wixstatic.com/media/d515a3_c8277d291f624b6db8df439549c336ca~mv2.jpg/v1/fill/w_209,h_180,fp_0.50_0.50,q_90,enc_auto/d515a3_c8277d291f624b6db8df439549c336ca~mv2.webp)
- Apr 24
- 2 min
Defaulter Cannot Resort To Criminal Proceedings Against Creditor or Auction Purchaser Against Auction Held Under SARFAESI Act; Exclusively DRT's Domain
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![Secured Creditor Cannot Proceed Under The SARFAESI Act When A Civil Suit For Recovery Is Dismissed On Merit](https://static.wixstatic.com/media/d515a3_431deef0d41a40dfbf57b31880bc8a7c~mv2.jpg/v1/fill/w_209,h_173,fp_0.50_0.50,q_90,enc_auto/d515a3_431deef0d41a40dfbf57b31880bc8a7c~mv2.webp)
- Apr 23
- 2 min
Secured Creditor Cannot Proceed Under The SARFAESI Act When A Civil Suit For Recovery Is Dismissed On Merit
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![Home buyers and allottees of real estate projects are categorized as financial creditors regardless of whether they have invoked remedies under RERA](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)
- Apr 22
- 2 min
Home buyers and allottees of real estate projects are categorized as financial creditors regardless of whether they have invoked remedies under RERA