Neither Promoters/Ex-Directors nor the Resolution Professional/CoC are empowered under the IBC 2016 to obtain an MSME Certificate post-commencement of CIRP with the sole purpose of opening or enabling a back door entry to the defaulting promoters, who are otherwise barred under Section 29A of IBC, 2016 to submit Resolution Plan – Deutsche Bank A.G Vs. Mr. Devendra Umrao RP of Overnite Express Ltd. – NCLT New Delhi Bench Court-II

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

 

NCLT directs to conduct valuation of shares held by a wholly owned foreign subsidiary company of Corporate Debtor, which were sold by SBI Singapore – Mr. Shantanu Prakash Vs. Mr. Mahendar Singh Khandelwal, RP, Educomp Solutions Ltd. – NCLT New Delhi Bench Court-II

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

 

A transaction can be considered undervalued if the corporate debtor transfers one or more assets by the corporate debtor at a value significantly less than the value of the consideration provided by the corporate debtor – Mr. Subhash Kumar Kundra RP (now, Liquidator) of Classic Bottle Caps Pvt. Ltd. Vs. Mr. Shiv Seth – NCLT New Delhi Bench Court-II

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

 

Can Resolution Professional terminate related party agreements during the CIRP and Can a Resolution Applicant also put a condition in submitted Resolution Plan to terminate the existing agreements with related party? – Hemalata Hospitals Ltd. Vs. Sh. Siba Kumar Mohapatra RP of Medirad Tech India Ltd. – NCLT New Delhi Bench Court-II

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

 

All about ‘Not Readily Realisable Assets(NRRA)’, valuation of PUFE Assets, who can pursue avoidance applications after assignment of NRRA, jurisdiction of NCLT after transfer of NRRA, When can NRRA be transferred to third party under Regulation 37A of Liquidation Regulations, 2017 – Inquest Fintech Pvt. Ltd. Vs. Ms. Maya Gupta Liquidator Rain Automotive India Pvt. Ltd. – NCLT New Delhi Bench Court-II

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