IBC Laws | All about Indian Insolvency Laws

All about Indian Insolvency Laws

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If the amount offered in favour of stakeholders including the Financial Creditors & the Operational Creditors is being much less than the Liquidation Value, such Plan cannot be accepted-M/s. Accord Life Spec Private Limited Vs. M/s. Orchid Pharma Limited-NCLAT November 17, 2019
Scope of Valuation under Companies Act, 2013 November 17, 2019
Transfer made in the ordinary course of the business or financial affairs of the Corporate Debtor or the transferee be not included within the meaning of preferential transactions-Tirumala Balaji Alloys Private Limited Vs. Sumit Binani-NCLAT November 16, 2019
Once the claim of a creditor is taken into consideration in Resolution Plan providing them same treatment as has been given to the other similarly situated Creditors, the Creditor, thereafter cannot take the benefit of Sec. 60(6) nor they can take benefit of arbitration proceeding for the same claim-M/s. Kotak Mahindra Prime Ltd. Vs. Mr. Bijay Murmuria & Ors.-NCLAT November 16, 2019

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