Onerous responsibility of pursuing avoidance applications on Resolution Professional | CIRP and avoidance applications are a separate set of proceedings | Avoidance applications can continue even after completion of CIRP and approval of the resolution plan does not need to be put on hold – Ms. Amita Saurabh Bihani and Ors. v. E&G Global Estates Ltd. and Ors. – NCLAT New Delhi

In case you've already logged in, click here to know why you're not able to access this content.

 

Successful Auction Purchaser (in Liquidation Process) is not liable to pay arrears of Electricity Dues which were dues of Corporate Debtor and electricity connection cannot be rejected on the basis of these dues – Paschimanchal Vidyut Vitran Nigam Ltd. v. HSA Traders – NCLAT New Delhi

In case you've already logged in, click here to know why you're not able to access this content.

 

Claim of workers employed through sub-contractor filed through sub-contractor as Operational Debt cannot be treated as workmen of Corporate Debtor | There is no difference in IBC between workers who are engaged by sub-contractor and workmen who are engaged directly by Corporate Debtor – Amit Kumar Pandey & Ors. v. Pardeep Kumar Sethi, RP (JMT Auto Ltd.) and Ors. – NCLAT New Delhi

In case you've already logged in, click here to know why you're not able to access this content.

 

Whether Resolution Plan providing for extinguishment of security interest and the guarantees of the Financial Creditors including dissenting Financial Creditors is contrary to the provision of Section 30(2) of IBC and CIRP Regulations? – Puro Naturals JV Vs. Warana Sahakari Bank & Ors. – NCLAT New Delhi

In case you've already logged in, click here to know why you're not able to access this content.

 

Joint application under Section 7 of IBC can be filed against one or more Corporate Debtors who have come together to develop a Real Estate project and parameters as noticed in Videocon Industries Ltd. and BT & FC Pvt Ltd. cases need not be applied in case of Real Estate Project – Mist Avenue Pvt. Ltd. Vs. Nitin Batra & Ors. – NCLAT New Delhi

In case you've already logged in, click here to know why you're not able to access this content.