08Dec EPFO cannot issue orders prohibiting and restraining Secured Creditor from utilising the amount paid by Liquidator to Secured Creditor from sale proceeds of properties of the Corporate Debtor – Tamilnad Mercantile Bank Ltd. v. Recovery Officer, The Regional Commissioner-II, Employees’ Provident Fund Organisation – Madras High Court Posted by Z B Bon December 8, 2023December 7, 2023in IBC-Case Laws-High Courts, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
05Dec PF Trustee rejected Liquidator’s request for waiver of EPFO damages that scheme for rehabilitation has not been sanctioned by BIFR | High Court quashes | the relevant portion of Section 14B of the EPF & MP Act needs to be amended as per Preamble of IBC, 2016 – Radhakrishnan Dharmarajan, Liquidator, Flora Footwear Pvt. Ltd. v. Central Board of Trustees, EPF – Madras High Court Posted by Z B Bon December 5, 2023December 4, 2023in IBC-Case Laws-High Courts, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
05Dec Resolution Professional shall give notice of each meeting of CoC as per CIRP Regulation 19(2) even in case of adjournment of meeting where agenda modified | Reasons should be recorded in writing in case any reduction of notice time limit – Mr. Farooq Ali Khan v. Punjab National Bank – Karnataka High Court Posted by IBC Laws Editoron December 5, 2023December 5, 2023in IBC-Case Laws-High Courts, Judgment of Day-IBC, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
24Nov Sale Tax Department cannot invoke Section 88(3) of the CGST Act, 2017 against an Ex-Director of the Corporate Debtor without filing claim before Liquidator – Smt. K.Malathi Vs. State Tax Officer and Ors. – Madras High Court Posted by Z B Bon November 24, 2023November 23, 2023in IBC-Case Laws-High Courts, Judgment of Day-IBC, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
24Nov Section 14 of IBC does not create a bar for finalisation of the assessment and adjudication proceedings in respect of the taxes – Platino Classic Motors India Pvt. Ltd. Vs. Deputy Commissioner of Central Tax and Central Excise – Kerala High Court Posted by Z B Bon November 24, 2023November 23, 2023in IBC-Case Laws-High Courts, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
24Nov For an moratorium u/s 96 of IBC to come into force, insolvency application should be complete in all respects and without any procedural defects, mere uploading of an application cannot be taken as filing of an application | Unless there is any repugnancy between the provisions of IBC 2016 and the provisions of SARFAESI Act, 2002, there is no question of IBC 2016 overriding the provisions of the SARFAESI Act, 2002 in totality – Jeny Thankachan Vs. Union of India and Ors. – Kerala High Court Posted by Z B Bon November 24, 2023November 24, 2023in Case Laws-SARFAESI-High Courts, IBC-Case Laws-High Courts, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
21Nov An Insolvency Professional becomes heart and brain of Company under Insolvency, Good reputation and character of a person is very important for appointment as an Insolvency Professional and the decision to determine as to whether a person is fit and proper to be appointed as Insolvency Professional is based on the subjective satisfaction of IBBI – Pooja Menghani Vs. Insolvency and Bankruptcy Board of India & Anr. – Delhi High Court Posted by IBC Laws Editoron November 21, 2023November 21, 2023in IBC-Case Laws-High Courts, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
19Nov Issue of Trademarks assignment during CIRP of Shakti Bhog Foods Ltd., Corporate Debtor – Shakti Bhog Foods Ltd. & Anr Vs. Kumar Food Industries Ltd. & Ors. – Delhi High Court Posted by IBC Laws Editoron November 19, 2023November 19, 2023in IBC-Case Laws-High Courts, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
17Nov Vishambhar Saran v. Punjab National Bank and Anr. – Calcutta High Court Posted by Z B Bon November 17, 2023December 5, 2023in IBC-Case Laws-High Courts Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
17Nov Sanjay Prakash Bansal and Anr. v. The Reserve Bank of India and Ors. – Calcutta High Court Posted by Z B Bon November 17, 2023December 4, 2023in Case Laws-SARFAESI-High Courts, IBC-Case Laws-High Courts Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.