When settlement consent term itself contemplates a clause for revival in event of default and default having been committed by the Corporate Debtor, the CIRP can be restored – IDBI Trausteeship Services Ltd. Vs. Nirmal Lifestyle Ltd. – NCLAT New Delhi

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Failing to adhere to terms and conditions of one time settlement, the Financial Creditor is entitled to file fresh Company Petition u/s 7 of IBC is justifiable? – M/s. ICICI Bank Limited Vs. M/s. OPTO Circuits (India) Ltd. – NCLAT Chennai

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Without actions being undertaken in the interests of all stakeholders, the payment of fee or expenses to RP cannot be made disproportionately on the basis of fee approved for conducting and completing CIRP – Mr. Pankaj Khaitan (IRP of Kushal International Ltd.) Vs. Jammu & Kashmir Bank Ltd. – NCLT Allahabad Bench

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Whether the order passed in a petition filed under Section 29A(4) and 29A(5) of the Act, 1996 is appealable under the provision of Section 13(1) of the Act, 2015 or not? – M/s Indu-Zmj-Zhengzhou Design-Xinfeng Consortium Vs. Bharat Coking Coal Ltd. – Jharkhand High Court

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On the basis of Corporate Guarantee given by the Corporate Debtor for the loan provided by a Creditor to a group concern of the Corporate Debtor, the Creditor is a financial creditor in the CIRP of the Corporate Debtor – 9M Corporation Vs. Mr. Naresh Verma RP Bohra Pratisthan Pvt. Ltd. – NCLAT New Delhi

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