Payment offered To The Operational Creditor Through Partly Paid Redeemable Preference Shares Is Not In Accordance With Section 30(2)(b)(ii) IBC
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![Payment offered To The Operational Creditor Through Partly Paid Redeemable Preference Shares Is Not In Accordance With Section 30(2)(b)(ii) IBC](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)
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![NCLAT Rejects Homebuyers' Application For Insolvency Proceedings Against Ansal Hi-Tech Township As It Does Not Meet The Threshold Requirements Of Section 7(1) Of The IBC](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)
- Apr 10
- 3 min
NCLAT Rejects Homebuyers' Application For Insolvency Proceedings Against Ansal Hi-Tech Township As It Does Not Meet The Threshold Requirements Of Section 7(1) Of The IBC
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![New Resolution Applicants Are Not Entitled To Participate In The CIRP And Submit A Resolution Plan Without The Issuance Of Fresh 'Form G'](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 9
- 2 min
New Resolution Applicants Are Not Entitled To Participate In The CIRP And Submit A Resolution Plan Without The Issuance Of Fresh 'Form G'
![Legal heirs are not responsible for the partnership firm's debts upon the death of a partner](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 9
- 2 min
Legal heirs are not responsible for the partnership firm's debts upon the death of a partner
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![Filing Of Claims Under CIRP Within A Stipulated Timeline Though Important, Should Be Seen As A Directory Rather Than Mandatory](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 8
- 2 min
Filing Of Claims Under CIRP Within A Stipulated Timeline Though Important, Should Be Seen As A Directory Rather Than Mandatory
![Commercial Transactions Are Outside The Purview Of The Consumer Protection Act, 1986](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 8
- 2 min
Commercial Transactions Are Outside The Purview Of The Consumer Protection Act, 1986
![](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)
![A Resolution Plan Must Ensure That Operational Creditors Receive At Least An Amount Equivalent To Their Liquidation Value](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 7
- 2 min
A Resolution Plan Must Ensure That Operational Creditors Receive At Least An Amount Equivalent To Their Liquidation Value
![Supreme Court Set Aside the Conviction Under Section 138 NI Act Case Based On Civil Court's Declaration That the Cheque was Issued Solely for Security Purposes](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 4
- 2 min
Supreme Court Set Aside the Conviction Under Section 138 NI Act Case Based On Civil Court's Declaration That the Cheque was Issued Solely for Security Purposes
![](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)
![Debt Is To Be Considered A Financial Debt Under The Insolvency And Bankruptcy Code, Even If It Does Not Carry Interest](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)
- Apr 3
- 2 min
Debt Is To Be Considered A Financial Debt Under The Insolvency And Bankruptcy Code, Even If It Does Not Carry Interest
![](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)
![Importance of transparent valuation practices and regulatory compliance in corporate insolvency resolution processes (CIRP)](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 2
- 3 min
Importance of transparent valuation practices and regulatory compliance in corporate insolvency resolution processes (CIRP)