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Dr. Navrang Saini, Whole Time Member, IBBI is given additional charge as Chairperson, IBBI – Press Release

Insolvency and Bankruptcy Board of IndiaNo. IBBI/PR/2021/2613th October, 2021Press ReleaseDr. Navrang Saini, Whole Time Member, IBBI is given additional charge as Chairperson, IBBI The Central Government today assigned additional charge of Chairperson, Insolvency and Bankruptcy Board of India (IBBI) to…

Claim based on an agreement where the Petitioner has appointed the Respondent as a “Contractor” to collect toll tax from commercial vehicles is not covered under Operational Debt – South Delhi Municipal Corporation Vs. MEP Infrastructure Developers Ltd. – NCLT Mumbai Bench

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The Petitioner has absolute rights in the mortgaged property and cannot initiate any action under section 7 upon non-payment of dues under the Debenture Trust Deed – Beacon Trusteeship Ltd. Vs. Neptune Ventures and Developers Pvt. Ltd. – NCLT Mumbai Bench

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The GST amount is an amount of tax levied under the assessment order as per the GST Act, 2017, claim of the GST Department cannot be edited or reduced by the Resolution Professional – Bijoy Prabhakaran Pulipra RP PVS Memorial Hospital Pvt. Ltd. Vs. State Tax Officer (Works Contract) SGST Department, Kerala State – NCLAT Chennai

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Whether Security Deposit and the interest thereon would fall within the ambit of the definition of Financial Debt as defined under Section 5(8)(f) of the Code – Sach Marketing Pvt. Ltd. Vs. RP of Mount Shivalik Industries Ltd., Ms. Pratibha Khandelwal – NCLAT New Delhi

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