Empowering Resolution Professionals: Seeking Additional Information from Creditors to Substantiate Claims and Exercise Due Diligence
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![Empowering Resolution Professionals: Seeking Additional Information from Creditors to Substantiate Claims and Exercise Due Diligence](https://static.wixstatic.com/media/d515a3_fe41e88d246349b8a43f7b97315bcf18~mv2.jpeg/v1/fill/w_209,h_180,fp_0.50_0.50,q_90,enc_auto/d515a3_fe41e88d246349b8a43f7b97315bcf18~mv2.webp)
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![Bank's failure to provide borrowers with forensic audit reports violates natural justice, nullifying their decision to declare borrower company's account fraudulent](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 1
- 2 min
Bank's failure to provide borrowers with forensic audit reports violates natural justice, nullifying their decision to declare borrower company's account fraudulent
![](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
![Prospective Resolution Applicant, Having Actively Participated In CIRP, Has Locus Standi To File An Intervention Application](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)
- Apr 1
- 2 min
Prospective Resolution Applicant, Having Actively Participated In CIRP, Has Locus Standi To File An Intervention Application
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![Examining the validity of any contractual agreement lies outside the purview of duties of the Resolution Professional](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 1
- 2 min
Examining the validity of any contractual agreement lies outside the purview of duties of the Resolution Professional
![](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
![Erstwhile Liquidator has no Locus Standi to file a Review Application and does not possess any inherent rights to contest the matter in their personal capacity](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)
- Mar 31
- 2 min
Erstwhile Liquidator has no Locus Standi to file a Review Application and does not possess any inherent rights to contest the matter in their personal capacity
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![CIRP Under Section 7 Of IBC Can Be Initiated Against An Auction Purchaser In Proceedings Under The SARFAESI Act](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)
- Mar 29
- 2 min
CIRP Under Section 7 Of IBC Can Be Initiated Against An Auction Purchaser In Proceedings Under The SARFAESI Act
![Once A Resolution Plan Is Approved By The CoC, 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)
- Mar 28
- 2 min
Once A Resolution Plan Is Approved By The CoC, It Cannot Be Withdrawn Or Modified By The Resolution Applicant
![Upholding Judicial Integrity: Lawyers Unite Against Attempts to Undermine Judiciary](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)
- Mar 28
- 2 min
Upholding Judicial Integrity: Lawyers Unite Against Attempts to Undermine Judiciary
![](https://static.wixstatic.com/media/d515a3_b79ee9cc47c64a6787159b8f94b7afbb~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_b79ee9cc47c64a6787159b8f94b7afbb~mv2.webp)
![Statutory Arbitration Conducted By The Facilitation Council Under the MSME Development Act Cannot Supersede The Arbitration Agreement](https://static.wixstatic.com/media/d515a3_b79ee9cc47c64a6787159b8f94b7afbb~mv2.jpg/v1/fill/w_209,h_183,fp_0.50_0.50,q_90,enc_auto/d515a3_b79ee9cc47c64a6787159b8f94b7afbb~mv2.webp)
- Mar 28
- 2 min
Statutory Arbitration Conducted By The Facilitation Council Under the MSME Development Act Cannot Supersede The Arbitration Agreement
![](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
![The Appellants, In Their Capacity As Promoters And Shareholders, Are Deemed To Lack The Requisite Standing To Contest The Liquidation Order](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)
- Mar 27
- 2 min
The Appellants, In Their Capacity As Promoters And Shareholders, Are Deemed To Lack The Requisite Standing To Contest The Liquidation Order