Central Bank of India v. Mr. P.K. Iyer and Anr., (2024) ibclaw.in 605 NCLT
Duty under Section 99 of IBC is not a mere formality/procedural but a legal obligation to verify the due compliances – Central Bank of India Vs. Mr. P.K. Iyer and Anr. – NCLT Hyderabad Bench Read the full article HERE.
Filing of Section 7 application (even not admitted) against Principal Borrower constitutes pendency under Section 60(2) IBC, enabling CIRP against Guarantor before the same NCLT
Read the full article HERE.
Indian Renewable Energy Development Agency Ltd. v. Saradambika Power Plant Pvt. Ltd., (2025)
If Successful Bidder has not remitted the dues towards interest on delayed payment, GST, stamp duties etc., Liquidator can forfeit the amount deposited | Successful Bidder cannot seek any reliefs, waivers and concessions after the sale in liquidation process – Indian Renewable Energy Development Agency Ltd. Vs. Saradambika Power Plant Pvt. Ltd. – NCLT Amaravati […]
Consortium of Ms. Karishma Jain and Ors. v. National Stock Exchange of India Ltd. (NSE) and Ors., (2025) ibclaw.in 448 NCLT
Can the Stock Exchange (NSE/BSE) reject a share relisting application filed by the new management after the approval of a Resolution Plan by the NCLT, citing Regulation 40(1)(b) of the SEBI Delisting Regulations, 2021? – Consortium of Ms. Karishma Jain and Ors. Vs. National Stock Exchange of India Ltd. (NSE) and Ors. – NCLT Hyderabad […]
Vasavai Power Services Pvt. Ltd. v. Canara Bank Ltd., (2025) ibclaw.in 327 NCLAT
Amendment in Section 7 application cannot be permitted to be carried in the shape which withdraws a pleading already raised before NCLT or which has a substantial bearing on the very genesis of the proceedings, which are held before the Courts or the Tribunals or which amounts to withdrawal of an admission – Vasavai Power […]
Mandava Holdings Pvt. Ltd. v. PTC India Financial Services Ltd. and Ors., (2024) ibclaw.in 1441 HC
Can a single lender settle the dues under RBI Framework after admission of insolvency petition? | Can an application for withdrawal from CIRP be entertained after the CoC approves the Resolution Plan? | Is writ petition maintainable even the efficacious statutory remedy under section 60(5) of the IBC available? – Mandava Holdings Pvt. Ltd. Vs. […]
Uncorroborated Allegations Pertaining To Pre-Existing Dispute Cannot Be Entertained: NCLT Admits Petition U/S 9 Of IBC
Read the full article HERE.
Section 35 of the IBC, 2016 is analogous to Sections 167, 168, 169 and 170 of the UK Insolvency Act, 1986
NCLAT Chennai Section 35 of the IBC, 2016 is analogous to Sections 167, 168, 169 and 170 of the UK Insolvency Act, 1986 Coram: Mr. Justice Venugopal M. (Judicial Member), Mr. Justice Sharad Kumar Sharma (Judicial Member) and Mr. Jatindranath Swain (Technical Member) Case Citation: (2024) ibclaw.in 293 NCLAT Hon’ble NCLAT held that: (i) A […]
Whether Adjudicating Authority under IBC, has jurisdiction to direct Lessee to vacate and deliver possession of Corporate Debtor’s property to Liquidator? – Mr. Krishna Mohan Gollamudi Vs. Bhagyanagar Hotels Pvt. Ltd. – 20.12.2023
Read here complete summary: https://ibclaw.in/mr-krishna-mohan-gollamudi-vs-bhagyanagar-hotels-pvt-ltd-nclt-hyderabad/
The topical expediency or arbitrariness does not replace the commercial wisdom – PFC Projects Ltd. and Ors. v. V. Venkatachalam, RP of KSK Water Infrastructures Pvt. Ltd. and Ors. – 24.12.2023
Read here complete summary: https://ibclaw.in/pfc-projects-ltd-and-ors-v-v-venkatachalam-rp-of-ksk-water-infrastructures-pvt-ltd-and-ors-nclt-hyderabad-bench/?utm_source=mailpoet&utm_medium=email&utm_campaign=the-last-newsletter-total-posts-from-our-blog_2/
