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#IBC2016 #NCLT
NCLTMumbai Denies Insolvency Plea Citing Failure To Meet Mandatory One CroreDefaultThresholdTheNational Company Law Tribunal, Mumbai, has dismissed a high-stakesinsolvency petition, sharpening the boundaries regarding the aggregation ofcorporate debts. In a recent ruling by members Nilesh Sha...
#IBC2016 #NCLT
NCLT Ahmedabad Rejects Time Barred Insolvency Plea Against Manpasand Beverages Over Fraudulent Circular TradingThe National Company Law Tribunal (NCLT) Ahmedabad h...
#InsolvencyLaw #IBC2016
NCLT Chennai Admits Insolvency Petition AgainstPradhin LimitedFor OutstandingDefaultOf Twelve Crore RupeesTheNational Company Law Tribunal (NCLT) Chennaihas officially admitted a plea underSection 7 of theInsolvency and Bankruptcy Code (IBC), 2016, to initiate theCorporate Insolvency Resoluti...
#IBC #NCLT
NCLTKochi Rejects UsingIBCasDebt Recovery Mechanismfor Time-Barred ClaimsIn a significant blow to creditors seeking to utilizeinsolvency proceedingsas an alternative debt recovery channel, theKochi Bench of the National Company Law Tribunal(NCLT) has dismissed a massive ₹1,323 crore insolvenc...
#NCLAT #JudicialAppointments
NCLAT Announces Judicial Reshuffle Following Chairperson Bhushan's DepartureThe National Company Law Appellate Tribunal (NCLAT), the primary appellate authority for disputes arising under the Insolvency and Bankruptcy ...
#InsolvencyLaw #JetAirways #LabourRights #CorporateLaw #IBC2016 #LegalNews #NCLAT
NCLAT Ensures Full Employee Dues in Jet AirwaysLiquidationIn a significant reinforcement of labour rights within the framework ofcorporate insolvency, theNational Company Law Appellate Tribunal (NCLAT)has issued a landmark ruling in the Jet Airwaysliquidationcase. The appellate tribunal has c...
#IBC #PMLA
NCLATRulesPMLAAttachment Not Hit ByIBCMoratoriumIn a significant ruling clarifying the boundaries between insolvency law and criminal enforcement, theNational Company Law Appellate Tribunal(NCLAT) has held that themoratoriumimposed under theInsolvency and Bankruptcy Code(IBC) does not provide...
#CompetitionLaw #NCLAT
Meru Travel SolutionsWithdraws Long-Standing Competition Appeal AgainstOlaandUber:NCLATThe long-running legal battle between radio taxi operatorMeru Travel Solutionsand ride-hailing giantsOlaandUberhas come to an abrupt end at theNational Company Law Appellate Tribunal(NCLAT). In a recent ord...
#IBC #Liquidation
When Technology Hurdles Clash with Value Maximization: NCLAT Intervenes in Moser-Baer Liquidation In a significant ruling that underscores the boundaries of "do-it-yourself" digital auction platforms, theNational Company Law Appellate Tribunal(NCLAT) has set aside a concluded e-auction concer...
#IBC #NCLAT
E-Filing After Office Hours: NCLAT Rules Legal 'Day' for IBC Appeals Ends at Midnight In a significant relief for insolvency litigants, theNational Company Law Appellate Tribunal(NCLAT) has clarified the procedural nuances of electronic filing under the Insolvency and Bankruptcy Code (IBC). T...
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