Monday, September 28, 2020
SUPREME COURT OF INDIA DIVISION BENCH ANUJ JAIN INTERIM RESOLUTION PROFESSIONAL FOR JAYPEE INFRATECH LIMITED — Appellant Vs. AXIS BANK LIMITED ETC. ETC. — Respondent ( Before : A.M. Khanwilkar and Dinesh Maheshwari, JJ. ) Civil Appeal Nos. 8512-8527 of 2019 with Civil Appeal Nos....
Supreme Court sets aside NCLAT order directing freezing of assets of former MD of PNB, Usha Ananthasubramanian Shruti Mahajan Feb 20, 2020, 7:27 PM IST The Supreme Court earlier this month set aside the order of the National...
Dispute Raised To Application U/S 9 IBC Over Telephone Inadmissible: NCLT, Allahabad Akshita Saxena 11 Feb 2020 8:12 AM In its recent order the Allahabad bench of the NCLT has decided that 'notice of dispute' to a claim under Section 9...
CIRP Against Real Estate Company Limited To Project Concerned And Will Not Affect Other Projects : NCLAT LIVELAW NEWS NETWORK 13 Feb 2020 12:34 PM The National Company Law Appellate Tribunal has held that an insolvency process against a real estate...
Application For Withdrawal Is Not A Suit/ Proceeding/ Execution Within S. 14 Of IBC: Bombay HC LIVELAW NEWS NETWORK 18 Feb 2020 9:31 PM The Bombay High Court has held that an application made for withdrawal of an amount deposited with...
Does Issuance Of Moratorium Under IBC Bar Statutory Proceedings U/S 138 Of Negotiable Instruments Act? SC To Consider Sanya Talwar 19 Feb 2020 9:45 PM A Supreme Court Bench of Justices U.U. Lalit & Aniruddha Bose on Monday issued Notice to Attorney General...
SC Transfers Petition Challenging IBC Ordinance Before Delhi HC To Itself Akshita Saxena 18 Feb 2020 2:15 PM The Supreme Court on Monday allowed the transfer of a petition challenging the constitutional validity of IBC (Amendment) Ordinance, 2019, from the Delhi...
NCLAT upholds JSW Steel Resolution Plan for Bhushan Power & Steel, declares attachment of property by ED as illegal NCLT had approved JSW Steel Ltd’s Resolution Plan for Bhushan Power and Steel Ltd in September 2019. Aditi Singh Feb 17, 2020, 7:52...
NCLT permits inclusion of foreign oil & gas assets of Videocon in the ongoing insolvency proceeding The order was passed in an application by Videocon Promoter Venugopal Dhoot. Aditi Singh Feb 16, 2020, 12:24 PM IST The National Company...
Project insolvency only; Reverse Insolvency to help Developers and Allottees: NCLAT NCLAT has held that the CIRP for a real-estate company should be on project basis. Aditi Singh Feb 12, 2020, 9:21 PM IST Stating that it is difficult to follow the...
Supreme Court directs DHFL fixed depositors to approach CoC, Administrator for release of deposits The Order was passed by a Division Bench of Justices L Nageswara Rao and Deepak Gupta. Aditi Singh Feb 8, 2020, 6:50 PM IST The...
Supreme Court allows an aggrieved creditor to revive IBC plea after a settlement between the corporate debtor and another financial creditor Shruti Mahajan Feb 7, 2020, 7:29 PM IST Supreme Court in its recent order allowed an aggrieved...
LITIGATION NEWS E-mail, letter acknowledging debt proves fatal to "Atlas" Ramachandran's plea against insolvency proceedings Meera Emmanuel Feb 3, 2020, 3:46 PM IST The National Company Law Appellate Tribunal (NCLAT) recently upheld the decision of the National Company...
SUPREME COURT OF INDIA DIVISION BENCH VINAY KUMAR MITTAL AND OTHERS — Appellant Vs. DEWAN HOUSING FINANCE CORPORATION LTD. AND OTHERS — Respondent ( Before : L. Nageswara Rao and Deepak Gupta, JJ. ) Civil Appeal No.654 -660 of 2020 (Arising out of SLP (C)...
Calcutta HC dismisses plea challenging inaction by police on criminal complaint in view of corporate insolvency proceedings Kunal Dey Jan 30, 2020, 5:51 PM IST The Calcutta High Court recently observed that the police may not be able...
Lease rent dues of an immovable property not 'Operational Debt' under IBC, NCLAT The Order was passed by a three-member Bench of NCLAT in an appeal against an order passed by NCLT, Hyderabad. Aditi Singh Jan 27, 2020, 5:53 PM IST ...
SUPREME COURT OF INDIA FULL BENCH MAHARASTHRA SEAMLESS LIMITED — Appellant Vs. PADMANABHAN VENKATESH AND OTHERS — Respondent ( Before : Rohinton Fali Nariman, Aniruddha Bose and V. Ramasubramanian, JJ. ) Civil Appeal No. 4242 of 2019 with Civil Appeal Nos. 4967-4968 of 2019 Decided on...
Acceptance Of Corporate Insolvency Resolution Not A Ground To Quash Case Under Sec 138 NI Act: Madras HC Akshita Saxena 23 Jan 2020 12:53 PM In a significant ruling, the Madras High Court has held that acceptance of the Corporate Insolvency...
1   Proceedings cannot be used to defeat a claim existing prior to the initiation of insolvency proceedings, Calcutta HC Kunal Dey Jan 22, 2020, 7:49 AM IST Calcutta High Court LITIGATION NEWS Insolvency p A Single Bench of the Calcutta High Court comprising Justice Moushumi...
SUPREME COURT OF INDIA FULL BENCH M/S EMBASSY PROPERTY DEVELOPMENTS PRIVATE LIMITED — Appellant Vs. STATE OF KARNATAKA AND OTHERS — Respondent ( Before : Rohinton Fali Nariman, Aniruddha Bose and V. Ramasubramanian, JJ. ) Civil Appeal No. 9170 of 2019 (@ Special Leave Petition...