Mar 282 minOnce A Resolution Plan Is Approved By The CoC, It Cannot Be Withdrawn Or Modified By The Resolution ApplicantThe Supreme Court held that once a resolution plan is approved by the CoC, it cannot be unilaterally withdrawn or modified by the...
Mar 282 minUpholding Judicial Integrity: Lawyers Unite Against Attempts to Undermine JudiciaryIn a dramatic turn of events, a coalition of legal luminaries, spearheaded by the likes of eminent lawyer Harish Salve and Bar Council of...
Mar 282 minStatutory Arbitration Conducted By The Facilitation Council Under the MSME Development Act Cannot Supersede The Arbitration AgreementThe Calcutta High Court held that the Statutory Arbitration Conducted By The Facilitation Council Under the MSMED Act Cannot Supersede...
Mar 272 minThe Appellants, In Their Capacity As Promoters And Shareholders, Are Deemed To Lack The Requisite Standing To Contest The Liquidation OrderThe National Company Law Appellate Tribunal (NCLAT), Chennai Bench comprising Justice M. Venugopal, Judicial Member and Dr. Alok...
Mar 262 minPost-initiation of CIRP, obtaining MSME status does not disqualify the Corporate Debtor from submitting a resolution plan under Section 240A, IBCThe Supreme Court Bench comprising Justices Sanjay Kishan Kaul and Sudhanshu Dhulia was hearing an appeal and held that post-initiation...