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Punjab and Haryana High Court Issues New Guidelines For Legal Aid Defense Counsel System
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#IBC #NCLT
NCLT Ahmedabad Dismisses Plea To Revise Admitted Claims Post Approval Of Sintex BAPL PlanTheNational Company Law Tribunal, Ahmedabad Bench, has reinforced the sanctity of approved resolution plans under theInsolvency and Bankruptcy Code, 2016, in a recent judgment. The bench, comprising Hon’b...
#IBC2016 #NCLT
NCLT Chandigarh Rules Subsequent Corporate Restructuring Cannot Alter HistoricalRelated PartyStatus of CreditorsTheNational Company Law Tribunal (NCLT) Chandigarh Bench, under Judicial Member Mr. Khetrabasi Biswal and Technical Member Mr. Shishir Agarwal, recently dismissed an application fil...
#InsolvencyLaw #NCLT
NCLT Kochi Rules Against Unauthorised Multi-Applicant Labor Filing in Vysali Pharmaceuticals Liquidation Proceedings CaseTheNational Company Law Tribunal (NCLT), Kochi Bench, recently issued a significant order regarding the procedural requirements ofinsolvency applications. In the matter ofM...
#IBC2016 #NCLT
NCLTAhmedabad Rules Consortium Creditors Cannot Unilaterally ReleaseMortgaged AssetCharges Without Co-lender ConsentIn a significant ruling concerning the integrity ofconsortium lendingstructures, theNational Company Law Tribunal(NCLT), Ahmedabad Bench, has affirmed that a lead creditor canno...
#IBC2016 #CorporateInsolvency
National Company Law TribunalRules Forensic Reports Alone Cannot ProveFraudulent TradingUnder IBC LawIn a significant ruling, theNational Company Law Tribunal(NCLT) Ahmedabad has clarified the evidentiary value of forensic audits ininsolvency proceedings. The bench, comprising Judicial Member...
#IBC #PMLA #NCLT #MoneyLaundering #CorporateLitigation
NCLT Checks IBC Misuse in Money Laundering CasesThe insolvency landscape in India is undergoing a transformative reckoning as the National Company Law Tribunal (NCLT) increasingly scrutinizes the strateg...
#NCLT #InsolvencyLaw
Retd. Justice Grewal Appointed NCLT PresidentIn a significant development for India's corporate adjudication landscape, retired Justice Anupinder Singh Grewal, formerly of the Punjab and Haryana High Court, has been appointed as the President of the National Company Law ...
#CorporateLaw #CorporateRestructuring #NCLTKolkata
Dollar Industries Streamlines Operations: NCLT Clears Composite Scheme of Arrangement In a significant move for the textiles and investment sector in Eastern India, the National Company Law Tribunal (NCLT) Kolkata Special Bench has paved the way fo...
#NCLT #IBC
NCLT's Efficiency Overhaul: Single Judicial Benches Greenlit for Routine Insolvency TasksIn a strategic move to combat mounting case backlogs, the National Company Law Tribunal (NCLT) Acting President Bachu Venkat Balaram has invoked the proviso toSection 419(3)
#NCLT #CompanyLaw
Bridging the Accounting Gap: NCLT Clears Path for Royal Securities’ Capital Realignment In a move aimed at enhancing financial transparency, the Kolkata Bench of the National Company Law Tribunal (NCLT) has sanctioned the reduction of the securities premium accou...
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