Jun 15, 20234 minDespite being Labelled a Willful Defaulter, Corporate Debtor is Eligible to submit a Resolution PlanThe National Company Law Appellate Tribunal (NCLAT), New Delhi Bench comprising Justice Ashok Bhushan, Chairperson and Barun Mitra,...
Jun 14, 20232 minNCLAT Ruling Preserves Creditor Rights: Upholds Pursuit of Fraudulent Transactions in DHFL CaseThe National Company Law Appellate Tribunal (NCLAT), Principal Bench comprising Justice Ashok Bhushan, Chairperson and Barun Mitra,...
Jun 13, 20232 minAn Unsigned Statement of Accounts Attached to an Email Doesn't Constitute a Valid Acknowledgement The National Company Law Appellate Tribunal (NCLAT) in New Delhi, comprising Justice Ashok Bhushan as Chairperson and Barun Mitra as...
Jun 13, 20232 minNCLAT Upheld NCLT's Order to Initiate CIRP, Based on Loan Facility Agreements' Governing Law ClausesThe National Company Law Appellate Tribunal (NCLAT), New Delhi Bench comprising Justice Rakesh Kumar, Judicial Member and Dr. Alok...
Jun 12, 20232 minNCLT must admit Section 7 application upon confirming default, regardless of disputes or debt statusThe Supreme Court Bench comprising Justices Abhay S. Oka and Rajesh Bindal, J. was hearing an appeal filed by the Corporate Debtor and...