NCLAT Rules: Liquidator Cannot Enforce Disputed Receivables Summarily; Balance Sheet Entries Not Admission of Debt
In a pivotal ruling, the appellate tribunal clarified that an Adjudicating Authority […]
Read moreNCLAT Rules: Suspended Director Lacks Locus under CIRP; Moratorium under IBC Does Not Bar Adjudicating Authority from Allowing Arbitral Counterclaim
In a significant ruling, the National Company Law Appellate Tribunal (NCLAT), Chennai […]
Read moreSupreme Court Upholds Homebuyers’ Right to Possession in CIRP, Rejects Treatment as Belated Claims under Insolvency and Bankruptcy Code
In a pivotal ruling, the Supreme Court upheld the substantive rights of […]
Read moreAdjudicating Authority Lacks Power to Replace Resolution Professional as Liquidator Without Specific IBBI Recommendation under IBC Section 34
In a pivotal ruling, the National Company Law Appellate Tribunal, Principal Bench, […]
Read morePersonal Guarantors’ Hearing Rights and Natural Justice in Resolution Professional Report
In a key ruling, the National Company Law Appellate Tribunal (NCLAT), Chennai […]
Read moreSecured Creditor Entitled to Invoke Section 14 SARFAESI Act for Physical Possession Even After Sale: Calcutta HC
In a significant pronouncement, the Calcutta High Court held that a secured creditor […]
Read moreCash Payment in Promissory Note Cannot Be Denied for Lack of Bank Proof; Decree Restored by Supreme Court
In a significant judgment, the Supreme Court restored a decree in favour […]
Read moreLoan Assignment in Violation of RBI Directions Nullifies Section 7 IBC Plea, Rules NCLAT
In a significant pronouncement, the National Company Law Appellate Tribunal (NCLAT) ruled […]
Read moreSupreme Court Holds Acknowledgement of Partial Debt Doesn’t Extend Limitation for Entire Claim
The Supreme Court held that acknowledgement of a partial debt does not […]
Read moreSARFAESI Act | Tenant Cannot Resist Eviction Without Establishing Tenancy Was Created Before Mortgage: Supreme Court
In a key ruling favouring secured creditors, the Supreme Court held that […]
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