Civil Court Decree Holders Cannot Invoke Insolvency Code

In a recent judgment, the National Company Law Tribunal Principal Bench at Delhi[1](“NCLT”), while deciding an application for initiating corporate insolvency resolution process under the Insolvency and Bankruptcy Code 2016 (the “Code”), held that the

NCLT

Anark Aluminium, a joint venture of RAKIA, moves NCLT

Anark Aluminium a joint venture between UAE’s Ras Al Khaima Investment Authority (“RAKIA”) and India’s Penna Group has moved National Company Law Tribunal (“NCLT”) under the Insolvency and Bankruptcy Code 2016 (“IBC”). This is the

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

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

NCLT

Operational Creditors Cannot File Joint Application

Operational Creditors Cannot File Joint Application  National Company Law Appellate Tribunal (“NCLAT) in Uttam Galva Steel Limited Vs. DF Deutsche Forfaight AG[1] considered the following questions under Insolvency & Bankruptcy Code (the “Code”): Whether a

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 Bench Name of Corporate Debtor Name of Insolvency Professional Insolvency Commencement Date Last

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