May 15, 20232 minAny OTS Proposal which was submitted if it contains acknowledgement, the limitation will be extendedThe National Company Law Appellate Tribunal (NCLAT), New Delhi Bench comprising Justice Ashok Bhushan, Chairperson and Barun Mitra,...
May 14, 20234 minIf the bank refuses to extend credit facilities, the borrower has no option but to clear their duesThe Supreme Court bench comprising Justices Abhay S. Oka and Rajesh Bindal was hearing an appeal on Thursday and held that if the bank...
May 13, 202310 minAppellant would be treated as a secured creditor having all rights & obligations as per Ss. 52 & 53The Supreme Court bench comprising Justices M. R. Shah and Sanjiv Khanna was hearing an interesting appeal involving a lot of issues on...
May 12, 20232 minPreferential transactions cannot be said to be part of the common flow of businessThe National Company Law Appellate Tribunal (NCLAT), New Delhi bench comprising Justice Rakesh Kumar, Judicial Member and Dr. Alok...
May 10, 20235 minCommercial wisdom is not a matter of rhetoric but is denoting a well-considered decision by the CoCThe Supreme Court bench comprising Justices Dinesh Maheshwari and Vikram Nath was hearing a bunch of appeals against the common order of...