Recent judgement of nclat

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WebbThe NCLAT held that, in an application under Section 7 of the Code, the NCLT has no jurisdiction to decide the issue of legality and propriety of a corporate guarantee … Webb17 maj 2024 · Shubhansh Thakur is an Advocate registered with the Bar Council of Delhi. He has strong inclination towards commercial and constitutional litigation. He has been involved with several reputed lawyers and Judges of the High Court and the Supreme Court, which has equiped him with the basic skillset relating to litigation. Learn more about …

Supertech insolvency limited to one project only; big relief for …

Webb3 mars 2024 · NCLAT in its November 13, 2024, judgement had set aside the Chennai NCLT order that approved the resolution plan by Dhanuka, on the ground that the amount offered in favour of stakeholders ... Webbwhereby the NCLAT, by order dated 09.05.2024, allowed the appeal and allowed the entire 55 days so taken before the NCLT to be excluded. xi. On 03.07.2024, the Appellant filed an approved Resolution Plan before the NCLT, Mumbai by way of I.A. No.21433 of 2024. We are informed that this was within the extended period of 55 days so granted by the ... iron ridge flat roof racking

Five NCLT judgements you must know about - iPleaders

Webb31 juli 2024 · Hon’ble NCLAT observed that claim made by the Appellant was a matter of working out exact amount which was to be assessed at the risk and cost of the … Webb20 sep. 2024 · 17 judgments in last 10 days, Justice Cheema retires as acting chairperson of NCLAT Premium Apart from approaching the Supreme Court with a plea challenging … Webb11 apr. 2024 · Facts of the case 1. The National Company Law Tribunal, Bengaluru (NCLT or Adjudicating Authority) initiated the Corporate Insolvency Resolution Process (“CIRP”) against the Corporate Debtor by its order dated 21 March 2024. By an order dated 26 August 2024, the first respondent was appointed as the Resolution Professional (RP). 2. port royal insurance company

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NCLAT Landmark Judgements Roundup: Sep 2024 – Oct …

Webb9 feb. 2024 · By Taxmann Last Updated on 9 February, 2024 Blog, FEMA & Banking, News Case Details: Agarwal Coal Corporation (P.) Ltd. v. Sun Paper Mill Ltd - [2024] 134 taxmann.com 181 (NCL-AT) Judiciary and Counsel Details M. Venugopal, Actg. Chairperson V.P. Singh and Dr. Ashok Kumar Mishra, Technical Member Webb24 okt. 2024 · The Delhi High Court ruled that the writ petition in High Court is not maintainable as Statutory Alternative Remedy is available at National Company Law Appellate Tribunal (NCLAT).. The only basis for the petitioner, Sunil Tandon to approach the High Court was that under the proviso to Section 241(2), it is only the Principal Bench … iron ridge caravan park childersWebb26 juli 2024 · On the contrary, the NCLAT held that two entities were “admittedly” financial creditors of the corporate debtor but being “related parties” to the corporate debtor, they … port royal hurricane ian damage

"Webb*NCLT & IBC Committee PHDCCI* organized Virtual Interaction on *Recent NCLAT Judgement in the matter of Earth Infrastructures Ltd.* setting aside the approved… " - Recent judgement of nclat

Recent judgement of nclat

DHFL case: Piramal mulling legal option after NCLAT order

Webb5 sep. 2024 · The NCLAT, held that as per Rule 11 of the National Company Law Tribunal Rules, 2016 the Adjudicating Authority has the power to make any such order as may be … WebbUnder the 2013 Companies Act, a specialised tribunal was formed known as the National Company Law Tribunal (NCLT). The NCLT was made in charge of hearing, and deciding cases which involved corporate law and insolvency issue and queries, such as those which involved mergers and acquisition, discrimination and poor management as well as the …

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Webb26 aug. 2024 · Recent trends of Oppression and Mismanagement Cases Akansha Gupta Updated: Aug 26, 2024 Category: Corporate Policy, Legal, MCA Notification The laws governing oppression and mismanagement in corporations are an essential component of corporate governance. Webb5 nov. 2024 · The Hon’ble NCLAT reiterated that NCLT is to adhere to the procedural and statutory requirements of the Code and heavily placed reliance on the ratio of judgment …

WebbManaging Partner at ANG Partners. A commercial dispute resolution lawyer. Successfully secured win several high stakes matters in … Webb9 apr. 2024 · The Laxmi Pat judgment has provided much-needed clarity on whether provisions for extension of limitation periods under the Limitation Act are applicable to proceedings under the IBC. The Supreme Court has interpreted Section 238A as intended, by making all provisions of the Limitation Act, as applicable, available to proceedings …

Webb11 apr. 2024 · LegalitySimplified. NCLT judgement in the case of Pani Logistics vs Vikas G. Jain has clarified that the commercial wisdom of the Committee of Creditors in approval of a resolution plan is to be given due regard is the settled law of the of Supreme Court in “Essar Steel India Ltd. Committee of Creditors vs. Satish Kumar Gupta”. Approval of ... Webb2 mars 2024 · Since NCLT did not use its discretion accorded under Section 7 it appears the matter has been taken up at the Appellate Authority. The Appellate Authority in its …

Webb10 apr. 2024 · Recent Posts. NCLT judgement regarding approval of insolvency resolution plan. Steps taken to remove logistical constraints in coal supply chain. BIS Certification is enforced on required products for consumer safety. Internal Audit of Trading Members/ Clearing Members.

WebbNCLAT held that in view of the clear-cut position of Section 61(1) of the Insolvency and Bankruptcy Code coupled with 150 of the NLCT Rules, this Tribunal is of the considered … iron ridge inn motel iron ridge wiWebb12 aug. 2024 · Present appeal arose under Section 62 of the Insolvency and Bankruptcy Code against the decision of the National Company Law Appellate Tribunal. Reliance Infratel Limited (RIL) was the corporate debtor and appellants the operational creditors. port royal in wildwoodWebb19 jan. 2024 · On Monday, a bench of justices Hemant Gupta and V. Ramasubramanian upheld the NCLAT’s finding that Devas was incorporated with “fraudulent motive to collude and connive” with some officials of Antrix for wrongful gains. The SC order came on an appeal filed by an ex-director of Devas Multimedia and a minority shareholder (Devas … port royal is in which parishWebb11 apr. 2024 · These were issued on 3rd April, 2024. The guidelines intend to emphasise the professional role of a teacher in the training of medical students and other healthcare professionals. It is hoped that teachers will introspect and improve the quality of teaching. This will reduce gaps in learning in light of the expectations of students and society. port royal indianaWebb31 maj 2024 · Home National Company Law Appellate Tribunal (NCLAT), National Company Law Appellate Tribunal (NCLAT) was constituted under Section 410 of the … port royal islipWebbnclat.nic.in port royal in wildwood crest njWebb10 feb. 2024 · The NCLAT, New Delhi opined that the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as “IBC”) separately recognizes the assets of the Corporate Debtor and the assets of the subsidiary of the Corporate Debtor. port royal in wildwood crest