Insolvency | Banking | Corporate Laws
Latest News:
Latest News:
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- The Appellant’s application under Section 10 of the IBC was reserved for order by the NCLT and when the order came to be passed, the Adjudicating Authority again adjourned the matter directing it to be listed for further clarification – Marappar Textiles Pvt. Ltd. Vs. Indian Overseas Bank – NCLAT New Delhi December 4, 2020
- Once the claims of the Appellants have been admitted, no role is ascribed to them in the deliberation of the Committee of Creditors – Anil N. Surwade & Ors. Vs. Mr. Prashant Jain, Resolution Professional, Sejal Glass Ltd. – NCLAT New Delhi December 4, 2020
- Step by Step Guide – Claims Module December 3, 2020
- The Court work (Virtual hearing) and filing etc. in the NCLAT will remain suspended on 1st and 2nd December, 2020 November 30, 2020
- Filing of list of creditors under clause (ca) of sub-regulation (2) of regulation 13 of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016- Circular No. IBBI/CIRP/36/2020 dated 27.11.2020 November 29, 2020
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Hon’ble Prime Minister of India
“Towards this end, we have initiated far-reaching legal reforms. Over a thousand archaic laws have been scrapped. We have enacted a comprehensive Insolvency and Bankruptcy Code, 2016, implemented the National Company Law Tribunals….
Further, in harmony with the Bankruptcy Code, we have amended the SARFAESI and DRT Acts this year to suit the changing credit landscape and augment ease of doing business.”
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