4 days ago2 minNCLAT Upholds Enforceability of Corporate Guarantee Despite Resolution Plan ApprovalNCLAT upheld the enforceability of the corporate guarantee, ruling that the Resolution Plan does not discharge the guarantor's liability....
5 days ago2 minDespite the lack of a written contract, the oral agreement and repayment evidence proved the financial debtThe NCLAT upheld the CIRP admission despite the lack of a written contract, finding that the oral agreement and repayment evidence...
5 days ago2 minNCLAT Affirms CIRP Initiation Despite GST Dispute ClaimsThe NCLAT affirmed the initiation of the Corporate Insolvency Resolution Process (CIRP) despite the claims of a GST dispute. The National...
6 days ago2 minNCLAT Upholds Admission of Insolvency Petition Despite Claims of Insufficient Notice and Delayed Contractual ObligationsThe NCLAT upheld the admission of the insolvency petition despite claims of insufficient notice and delayed contractual obligations. The...
6 days ago2 minNCLT Kolkata Bench Approves Resolution Plan and Dismisses Challenge by Unsuccessful Resolution ApplicantThe NCLT Kolkata Bench approves the resolution plan and dismisses the challenge brought by an unsuccessful resolution applicant. National...