23Oct CIRP can be initiated against Principal Borrower even during ongoing CIRP of Corporate Guarantor where Section 7 application filed by different financial creditors for different projects and filing of claim in the ongoing CIRP against Corporate Guarantor does not preclude the Financial Creditor from filing a CIRP application u/s 7 of IBC against Principal Borrower – Assets Care and Reconstruction Enterprise Ltd. Vs. Supertech ORB Project Pvt. Ltd. – NCLT Allahabad Bench Posted by IBC Laws Editoron October 23, 2023October 22, 2023in IBC-Case Laws-NCLT, 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.
23Oct During hearing of CIRP application u/s 7 of IBC, NCLT cannot force Financial Creditor to settle its outstanding dues with Corporate Debtor – Avargreen Organic Foods Pvt. Ltd. Vs. Raghupati Construction Pvt. Ltd. – NCLT Allahabad Bench Posted by IBC Laws Editoron October 23, 2023October 22, 2023in IBC-Case Laws-NCLT, 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.
19Oct Anita Agarwal Vs. VP Bullion Pvt. Ltd. – NCLT Allahabad Bench Posted by IBC Laws Editoron October 19, 2023October 22, 2023in IBC-Case Laws-NCLT 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.
18Oct Once dispute has been adjudicated by Arbitrator and award has been passed in favour of Operational Creditor, the Operational Creditor cannot be allowed to go for forum shopping and rake up the issue for making a case for alleged default against the Corporate Debtor u/s 9 of the Code – SRV Techno Engineering Pvt. Ltd. Vs. Purvanchal Vidyut Vitran Nigam Ltd. – NCLT Allahabad Bench Posted by IBC Laws Editoron October 18, 2023October 17, 2023in IBC-Case Laws-NCLT, 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.
13Oct Assets Care and Reconstruction Enterprise Ltd. Vs. Khatema Fibres Ltd. – NCLT Allahabad Bench Posted by IBC Laws Editoron October 13, 2023October 19, 2023in IBC-Case Laws-NCLT 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.
11Oct An agreement to resell products on e-commerce platform/Amazon where Applicant paid some amount with some assured profit margins would not confer the status of a Financial Debt – Rajesh Alfred Vs. Ketsaal Retails LLP – NCLT Allahabad Bench Posted by IBC Laws Editoron October 11, 2023October 11, 2023in IBC-Case Laws-NCLT, 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.
09Oct Jammu and Kashmir Bank Ltd. Vs. Himalayan Mineral Waters Pvt. Ltd. – NCLT Allahabad Bench Posted by IBC Laws Editoron October 9, 2023October 17, 2023in IBC-Case Laws-NCLT 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.
03Oct There is no provision under IBC 2016 to come out of the liquidation process once a liquidation is ordered, the provisions of IBC never envisaged for termination of liquidation process – Navneet Jain – NCLT Allahabad Bench Posted by IBC Laws Editoron October 3, 2023November 6, 2023in IBC-Case Laws-NCLT, 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.
26Sep Inox Wind Ltd. Vs. Fedders Electric & Engineering Ltd. – NCLT Allahabad Bench Posted by IBC Laws Editoron September 26, 2023September 27, 2023in IBC-Case Laws-NCLT 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.
21Sep Prince Jain Vs. Sh. Alok Kucchal, Liquidator of Ratandeep Infrastructure Pvt. Ltd. – NCLT Allahabad Bench Posted by IBC Laws Editoron September 21, 2023October 3, 2023in IBC-Case Laws-NCLT 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.
