Nov 21, 20224 minThe onus comes back to the CD to ensure that the amount is paid to the Operational Creditor: NCLATThe NCLAT Chennai held that the onus/liability comes back to the Corporate Debtor to ensure that amount is paid to the Operational...
Nov 20, 20222 minBombay HC stays Centre's Notification limiting jurisdiction of cases above Rs 100 Crores to 3 DRTsBombay High stays the Centre's Notification limiting the jurisdiction of cases above Rs. 100 Crores to 3 Debts Recovery Tribunals. The...
Nov 19, 20224 minIf the members refuse to participate in the CoC meeting, RP has no option but to approach the AAThe NCLAT held that If the CoC members having a majority voting share refuse to participate in the CoC meeting thereby causing a...
Nov 19, 20221 minRBI assigns Lead Bank responsibility for the formation of new districts in the state of NagalandThe Government of Nagaland has notified the formation of four new districts in the state of Nagaland vide Gazette Notifications No....
Nov 19, 20223 minSeller is bound to disclose any material defect in the property of which the buyer is not awareThe Supreme Court held that the seller is bound to disclose to the buyer any material defect in the property of which the buyer is not...