Dec 14, 20222 minHC order to the DRT-"Not to pass any adverse orders in any of the cases" is unsustainable: SCThe Supreme Court noted that such an interim order of "not to pass any adverse orders in any of the cases" by the Judicial Member of the...
Dec 12, 20223 minAppellant has failed to establish that CD owed an amount to the Appellant and it defaulted: NCLATThe NCLAT held that the Appellant has failed to establish that the Corporate Debtor owed an amount to the Appellant and it defaulted. The...
Dec 11, 20222 minResolution Applicant cannot seek further extension of time to submit resolution plan: NCLAT DelhiThe NCLAT Principal Bench held that Once the Appellant showed their disinclination in the resolution process, they cannot seek further...
Dec 10, 20224 minIf the whole business of the CD is to defraud, then the ingredients of section 66 IBC are fulfilledThe NCLAT Chennai held that If the whole business of the Corporate Debtor is to defraud, then the ingredients of section 66 IBC are...
Dec 9, 20224 minSole Proprietor can be prosecuted under section 138 NI Act, without arraying the proprietorship firmThe Punjab & Haryana High Court held that non-arraying of the proprietorship firm/concern is not an impediment in proceeding against the...