Posted on 16 Aug 2022 / 0 / deep NCLT CAN REFUSE TO ADMIT INSOLVENCY APPLICATION FILED BY A FINANCIAL CREDITOR EVEN WHEN DEBT AND DEFAULT IS PROVED – SUPREME COURT’S JUDGMENT Bankruptcy & Insolvency
Posted on 27 Jul 2020 / 0 / deep NCLT MUMBAI DISMISSES AN INSOLVENCY PETITION BECAUSE THE FINANCIAL DEBT WAS “DISPUTED” AND THE PARTIES HAD AGREED TO RESOLVE THE DISPUTES THROUGH ARBITRATION Bankruptcy & Insolvency
Posted on 27 Jun 2019 / 0 / deep NCLAT accepts dispute raised by whats app for the purpose of section 9 of Insolvency Code Bankruptcy & Insolvency
Posted on 19 Dec 2018 / 0 / deep CLAIMING TO BE A ‘FINANCIAL CREDITOR’ UNDER THE INSOLVENCY CODE? – IMPORTANT TO PROVE THAT THE LOAN IS DISBURSED AGAINST CONSIDERATION FOR TIME VALUE OF MONEY – SAYS HON’BLE NCLT (NEW DELHI BENCH) Bankruptcy & Insolvency
Posted on 23 Aug 2018 / 0 / deep ANALYSIS OF INSOLVENCY AND BANKRUPTCY CODE (SECOND AMENDMENT) BILL, 2018 Bankruptcy & Insolvency
Posted on 24 Mar 2018 / 0 / deep COMPANY COURT CANNOT INJUNCT INSOLVENCY PROCEEDINGS INITIATED UNDER THE INSOLVENCY CODE EVEN WHEN A WINDING UP PETITION UNDER THE COMPANIES ACT, 1956 IS PENDING BEFORE THE COMPANY COURT, SAYS THE HONORABLE BOMBAY HIGH COURT Bankruptcy & Insolvency
Posted on 03 Mar 2018 / 0 / deep ‘MORATORIUM’ UNDER THE INSOLVENCY CODE DOES NOT APPLY TO THE PROCEEDINGS WHICH ARE BENEFICIAL FOR CORPORATE DEBTOR: DELHI HIGH COURT Bankruptcy & Insolvency
Posted on 05 Feb 2018 / 0 / deep SUBMISSION OF BANK CERTIFICATE (CONFIRMING UNPAID DUES) NOT MANDATORY FOR (OPERATIONAL CREDITORS’ INITIATED) INSOLVENCY PROCEEDINGS: LANDMARK JUDGMENT OF THE HONORABLE SUPREME COURT OF INDIA Bankruptcy & Insolvency
Posted on 11 Dec 2017 / 0 / deep “EVEN IF” THE LIMITATION ACT IS APPLICABLE TO INSOLVENCY CODE, FOR CLAIMS ARISEN PRIOR TO DATE OF COMMENCEMENT OF THE CODE, THE LIMITATION PERIOD OF 3 YEARS BEGINS FROM 1ST DECEMBER 2016 AND NOT EARLIER, SAYS NCLAT Bankruptcy & Insolvency
Posted on 27 Oct 2017 / 0 / deep Supreme Court’s landmark judgment clarifying “existence of a dispute” under the Insolvency Code Bankruptcy & Insolvency