Saturday, May 25, 2019

LATEST ARTICLES

Jaypee: Homebuyers’ complaints under Consumer Protection Act maintainable during Insolvency proceedings, S C O I

Jaypee: Homebuyers' complaints under Consumer Protection Act maintainable during Insolvency proceedings, Supreme Court Shruti Mahajan April 19 2019 The Supreme Court has upheld the judgment of the National Consumer Disputes Redressal Commission...

Supreme Court settles insolvency proceedings against Mack Soft Tech

Supreme Court settles insolvency proceedings against Mack Soft Tech Varun Marwah April 8 2019   The Supreme Court has allowed settlement of insolvency proceedings against Mack Soft Tech Pvt Ltd, based...

Insolvency—Withdrawal of Proceedings—Settlement can be entered into any stage and proceedings before NCLT can...

2019(1) Law Herald (SC) 820 : 2018 LawHerald.Org 2133 IN THE SUPREME COURT OF INDIA Before Hon'ble Mr. Justice Rohinton Pali Nariman Hon ble Mr. Justice Navin...

Supreme Court Verdict On Insolvency Law Hits Credibility Of RBI

Supreme Court Verdict On Insolvency Law Hits Credibility Of RBI (c) 2019 Bloomberg | Published: April 03, 2019 13:49 IST   You don't adopt a modern insolvency law in...

Supreme Court declares February 12 RBI Circular ultra vires  

Supreme Court declares February 12 RBI Circular ultra vires Shruti Mahajan April 2 2019 The Supreme Court today declared the Reserve Bank of India Circular of February 12 relating...

SC judgment on petition against RBI’s February 12 circular today

SC judgment on petition against RBI's February 12 circular today A two-judge Bench of Justice Rohinton Fali Nariman and Justice Vineet Saran had heard the...

SBI does well to challenge the NCLAT in Essar Steel case

SBI does well to challenge the NCLAT in Essar Steel case By: Sunil Jain | Published: April 1, 2019 7:07 PM The Committee of Creditors is empowered to decide &...

Operational creditors benefits equally from IBC: Insolvency and Bankruptcy Board of India

Operational creditors benefits equally from IBC: Insolvency and Bankruptcy Board of India IBBI chairman MS Sahoo said that 48 per cent of financial creditors have got...

Sterling Biotech: NCLT sees violation of Sec 29(A) that bars re-entry of promoters

Sterling Biotech: NCLT sees violation of Sec 29(A) that bars re-entry of promoters IANS 28 March 2019 0   The National Company Law Tribunal (NCLT) in the Sterling Biotech...

NCLAT seeks details of IL&FS dues

NCLAT seeks details of IL&FS dues A two-member bench headed by Chairman Justice S J Mukhopadhaya also clarified that there was no stay on the...

Lenders send feelers for stake sale in Jet Airways

Lenders send feelers for stake sale in Jet Airways IANS  |  Mumbai/New Delhi Last Updated at March 29, 2019 19:40 IST To stave off any haircut in Jet...

Sebi, IBBI ink pact for effective implementation of securities law, IBC

Sebi, IBBI ink pact for effective implementation of securities law, IBC Press Trust of India  |  New Delhi Last Updated at March 19, 2019 19:15 IST Markets regulator...

Essar Steel CoC meets over payout of ArcelorMittal’s ₹42,000 crore offer

Essar Steel CoC meets over payout of ArcelorMittal's ₹42,000 crore offer 2 min read . Updated: 27 Mar 2019, 06:02 PM ISTPTI The decision on a higher payout...

The Viewpoint – IBC Judgment: The Defaulter’s Paradise is Lost

The Viewpoint - IBC Judgment: The Defaulter's Paradise is Lost Bar & Bench March 19 2019 By Nandini Gore and Khushboo Bari “The Defaulters’ paradise is lost. In its place, the economy’s...

A Debate Reignited – Whether ‘Interest’ on Delayed Payment Constitutes ‘Debt’ for IBC?

A Debate Reignited - Whether ‘Interest’ on Delayed Payment Constitutes ‘Debt’ for IBC? Bar & Bench March 18 2019 Priya Agrawal & Rahul Agarwal The National Company Law Tribunal (NCLT) (Kolkata Bench) admitted Eastern Coalfields...

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Banks may have to take 60% haircut on 12 largest NPAs:...

The strong steps taken by RBI to resolve NPAs are likely to raise provisioning by a whopping 25% this year as banks will take...

Liberty House Says Caught ‘Wrong-Footed’ In Bhushan Power Bid

BQ Desk @bloombergquint 26 February 2018, 10:58 AM 26 February 2018, 10:48 AM U.K.-based Liberty House was caught “wrong-footed” in the insolvency proceedings of...

Clarificatory amendment to S. 14 IBC retrospective, Moratorium does not extend to Personal Guarantees: SC

Murali Krishnan  August 14, 2018  Litigation News, News Clarificatory amendmentto S. 14 IBC retrospective, Moratorium does not extend to Personal Guarantees: SC The Supreme Court today clarified that moratorium under Section 14 of...

Assignment of Debts under the Insolvency and Bankruptcy Code

By Guest February 15, 2018 9 Min read Synergies Dooray Automotive, the first corporate entity to be resolved under the new Insolvency and Bankruptcy Code (Code) posed...

NPA issue: After Insolvency & Bankruptcy code; RBI now tightens S4A...

Key Highlights:  RBI appoints Pradeep Kumar as chairman of Overseeing Commitee RBI expands overseeing committee by adding three more members OC committee to review...

Insolvency & Bankruptcy Code 2016: Opening gambit

Jyoti Structures Limited, Mumbai, a Rs 116-crore company, is the first of 12 large defaulters against which banks have proceeded under the Insolvency and...