Tag: IBC
Financial Creditor Can Change Default Date via Rejoinder Affidavit Under Section 95 Application against Personal Guarantor
Introduction: In the case of Sanjeeb Ranjeet Das v. Punjab National Bank and Anr.[i], The Hon’ble NCLAT held that a Financial Creditor through a rejoinder affidavit in the application filed under Section 95 of The
Our Senior Partner Shiju PV quoted in DT next & The Week
In the recent articles published by DT next & THE WEEK titled “Govt to set up integrated tech platform to boost insolvency ecosystem, strengthen tribunals: FM”, Our Senior Partner Shiju Pv shares his expert insights.
Allottee who are part of Monthly Assured Return Plan agreement under a real estate project, cannot be considered a distinct class
In the case of Rita Malhotra and Anr. Vs Orris Infrastructure Pvt. Ltd., the National Company Appellate Tribunal vide order dated 02.07.2024 held that the appellants do not cease to be an “allottee” merely because
While the Income Tax Department enjoys a limited jurisdiction to continue assessment proceedings, it cannot suo moto initiate recovery for tax dues – during liquidation process – NCLAT, New Delhi
Avil Menezes, Liquidator of Sunil Hitech and Engineers Limited Vs. Principal Chief Commissioner of Income Tax, Mumbai Introduction:- In the case of Avil Menezes (Liquidator) v. Principal Chief Commissioner of Income Tax, Mumbai[1], The Hon’ble
Can a delay caused by a stay granted by a Higher Court in implementation of a Resolution Plan be excluded from the time given for the implementation of the Resolution Plan?
Introduction: In the matter of Majestic Auto Limited v. Sharan Hospitality Pvt Ltd. & Anr.[i], the Hon’ble NCLAT held that when a Higher Court grants a stay order which puts an embargo on implementation of
Insights on the Proposed Amendments to the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Process) Regulations, 2016.
The Insolvency and Bankruptcy Board of India (IBBI) released a discussion paper on 19th June, 2024, seeking comments on four proposed changes to the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate
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