Sep 13, 20232 minThe liquidator in an insolvency process must provide transparent and well-reasoned decisionsThe Supreme Court bench comprising Justices B.V. Nagarathna and Ujjal Bhuyan was hearing an appeal on Wednesday and held that the...
Sep 10, 20232 minBreach of a settlement agreement does not render a Section 9 Application for insolvency proceedingsThe National Company Law Appellate Tribunal (NCLAT), Principal Bench comprising Justice Ashok Bhushan, Chairperson and Barun Mitra,...
Aug 28, 20232 minWhile Order In REED 2020 SC 10539 Operated As Res Judicata, It Didn't Create A Binding Precedent: SCA three-judge Bench of the Supreme Court of India comprising Justices Sanjiv Khanna, Bela M. Trivedi and Ujjal Bhuyan was hearing an...
Aug 22, 20232 minA Resolution Plan Can Include a Clause Extinguishing FC's Security Interest via Personal GuaranteesThe National Company Law Appellate Tribunal (NCLAT), Principal Bench comprising Justice Ashok Bhushan, Chairperson and Barun Mitra,...
Aug 22, 20232 minAppellants' Invoice Discounting Actions do not Qualify as Financial Debt but Instead Made Them OCThe National Company Law Appellate Tribunal (NCLAT), New Delhi Bench comprising Justice Rakesh Kumar Jain, Judicial Member and Naresh...