NCLT

BANKRUPTCY CODE – PUBLIC ANNOUNCEMENTS

List of applications admitted by NCLTs under Insolvency and Bankruptcy Code, 2016 with details of public announcements inviting claims. Sr.No NCLT Corporate Debtor Name of Insolvency Professional Insolvency Commencement Date Last Date For Submission Of

SC Rules Directors have no right to file appeal on behalf of the company after the appointment of Insolvency Professional

In one of the first substantive ruling of the Supreme Court under Insolvency and Bankruptcy Code 2016(“the Code”), the Supreme Court held that once insolvency professional is appointed to manage the company, the erstwhile directors

NCLT

BANKRUPTCY CODE – PUBLIC ANNOUNCEMENTS

List of applications admitted by NCLTs under Insolvency and Bankruptcy Code, 2016 with details of public announcements inviting claims. Sr.No NCLT Corporate Debtor Name of Insolvency Professional Insolvency Commencement Date Last Date For Submission Of

NCLT

BANKRUPTCY CODE – PUBLIC ANNOUNCEMENTS

List of applications admitted by NCLTs under Insolvency and Bankruptcy Code, 2016 with details of public announcements inviting claims. Sr.No NCLT Corporate Debtor Name of Insolvency Professional Insolvency Commencement Date Last Date For Submission Of

SEBI relaxes norms for acquisition of distressed companies

Securities and Exchange Board of India (“SEBI”) relaxed norms for acquiring shares of distressed companies by exempting such acquisition from the mandatory open offer requirements under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,

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