Aug 242 minHigh Court Affirms Clean Slate Principle: Resolution Plan Supersedes Tax Claims Post-IBC ApprovalThe High Court affirmed the clean slate principle, ruling that a Resolution Plan supersedes tax claims following approval under the...
Aug 242 minHigh Court Upholds Liquidator's Disqualification: Validity of Authorization and Professional Misconduct ConfirmedHigh Court upheld the disqualification of the liquidator, confirming both the invalidity of his authorization and the findings of...
Aug 242 minDismissal of Appeals Challenging Finality of Liquidation and Auction Sale Due to Lack of Standing and Procedural ComplianceNCLAT held that the Appellants had not raised their concerns in a timely manner, having only filed their objections after the sale had...
Aug 233 minIBBI Invites Public Comments on Proposed Amendments to MSME Registration and Disclosure Framework under CIRPThe IBBI invites public comments on the proposed amendments to the MSME registration and disclosure framework under the CIRP. The...
Aug 233 minIBC provisions prevail over the SARFAESI Act, and the interim moratorium under Section 96 affects SARFAESI proceedings initiated post-moratorium High Court held that IBC provisions prevail over the SARFAESI Act and that the interim moratorium under Section 96 affects SARFAESI...