Jul 21, 20232 minAmount Claimed in the Demand Notice Under SARFAESI Act is relevant for determining the pre-depositThe Debts Recovery Appellate Tribunal (DRAT), Allahabad Bench held that the amount claimed in the demand notice under section 13(2) of...
Jul 21, 20232 minDiscounts and Adjustments given to Appellant during the look-back period are avoidable transactionsThe National Company Law Appellate Tribunal (NCLAT), New Delhi Bench comprising Justice Rakesh Kumar, Judicial Member and Alok...
Jul 20, 20233 minElectricity Dues Do Not Enjoy Any Specific Priority Under the IBC 2016 During LiquidationThe Supreme Court held that the electricity dues do not enjoy any specific priority under the Insolvency and Bankruptcy Code (IBC) and...
Jul 13, 20232 minThe Resolution Professional, no longer connected to the case couldn't claim unpaid fees from the CoCThe National Company Law Appellate Tribunal (NCLAT), Chennai Bench comprising Justice M. Venugopal and Ms. Shreesha Merla was hearing an...
Jul 12, 20232 minNCLAT rejects the Appellant's claim as Financial Creditor since partners are listed as shareholdersThe National Company Law Appellate Tribunal (NCLAT, Chennai Bench comprising Justice M. Venugopal and Ms. Shreesha Merla was hearing an...