Aug 10, 20232 minNCLAT Dismisses Appeal Against the Approved Resolution Plan, Affirming Commercial Wisdom of the CoCThe NCLAT dismissed the appeal against the approved Resolution Plan, affirming the Commercial Wisdom of the CoC and finding no...
Aug 9, 20233 minTimely Acknowledgements of Debt Extend the Limitation Period for Initiating Insolvency ProceedingsThe National Company Law Appellate Tribunal (NCLAT), Chennai Bench comprising Justice M. Venugopal and Ms. Shreesha Merla was hearing an...
Aug 5, 20232 minApproval of a Resolution Plan does not absolve the personal guarantor of a corporate debtor Delhi High Court Single Judge Bench of Justice Purushaindra Kumar Kaurav was hearing a petition filed by the Personal guarantor of a...
Aug 4, 20232 minEven though an alternative statutory remedy exists, High Court can still exercise its jurisdictionKerala High Court Single Judge Bench of Justice Gopinath P. held that even though an alternative statutory remedy exists, the Court can...
Jul 26, 20232 minMere Filing of an Application Under Section 7(1), IBC Does Not Bar the Appointment of an ArbitratorThe Bombay High Court held that the provisions of the Insolvency and Bankruptcy Code (IBC) would not bar the appointment of an arbitrator...