Resolution Applicant cannot seek further extension of time to submit resolution plan: NCLAT Delhi
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![Resolution Applicant cannot seek further extension of time to submit resolution plan: NCLAT Delhi](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)
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![If the whole business of the CD is to defraud, then the ingredients of section 66 IBC are fulfilled](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)
- Dec 10, 2022
- 4 min
If the whole business of the CD is to defraud, then the ingredients of section 66 IBC are fulfilled
![](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)
![Regulation 26(2) of the CIRP Regulations being a directory cannot override the power of the CoC](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)
- Dec 8, 2022
- 4 min
Regulation 26(2) of the CIRP Regulations being a directory cannot override the power of the CoC
![SC denies entertaining SLP when the High Court has left open the question of "unjust enrichment"](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)
- Dec 8, 2022
- 1 min
SC denies entertaining SLP when the High Court has left open the question of "unjust enrichment"
![Centre notifies the appointment of judicial and technical members to various NCLT benches](https://static.wixstatic.com/media/d515a3_a4cc1dadab204f4da7594f30e701c073~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_a4cc1dadab204f4da7594f30e701c073~mv2.webp)
- Dec 6, 2022
- 2 min
Centre notifies the appointment of judicial and technical members to various NCLT benches
![](https://static.wixstatic.com/media/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.webp)
![NCLT doesn't have power to declare as illegal any of the provisions of the IBC 2016 or Regulations](https://static.wixstatic.com/media/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.webp)
- Dec 5, 2022
- 2 min
NCLT doesn't have power to declare as illegal any of the provisions of the IBC 2016 or Regulations
![](https://static.wixstatic.com/media/d515a3_71f68b35ffdd4e7197e22e3fd89ba9a3~mv2.jpg/v1/fill/w_224,h_224,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_71f68b35ffdd4e7197e22e3fd89ba9a3~mv2.webp)
![Bank holidays in December 2022: Full list of days when banks will be closed](https://static.wixstatic.com/media/d515a3_71f68b35ffdd4e7197e22e3fd89ba9a3~mv2.jpg/v1/fill/w_209,h_160,fp_0.50_0.50,q_90,enc_auto/d515a3_71f68b35ffdd4e7197e22e3fd89ba9a3~mv2.webp)
- Dec 1, 2022
- 1 min
Bank holidays in December 2022: Full list of days when banks will be closed
![](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)
![A Successful Bidder as a matter of right cannot lay a claim for an extension of time for the payment](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)
- Nov 30, 2022
- 5 min
A Successful Bidder as a matter of right cannot lay a claim for an extension of time for the payment
![](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)
![IBBI releases Liquidation Processes ending with Order of Dissolution/Closure as on 31 October 2022](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)
- Nov 29, 2022
- 1 min
IBBI releases Liquidation Processes ending with Order of Dissolution/Closure as on 31 October 2022
![](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)
![IBBI amends fee structures payable to the Insolvency and Bankruptcy Board of India](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)
- Nov 29, 2022
- 1 min
IBBI amends fee structures payable to the Insolvency and Bankruptcy Board of India