NCLT admits CIRP against Container Corporation of India Ltd. on default in payment of arbitration award, where the Corporate Debtor filed the petition under Section 34 of the Arbitration and Conciliation Act, 1996 much after filing insolvency application – M/s. Roadwings International Pvt. Ltd. Vs. M/s. Container Corporation of India Ltd. – NCLT New Delhi Bench Court-IV

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Section 145 of the Negotiable Instruments Act, 1881 does not provide or entitle complainant or any party to file affidavit afresh during examination on summoning by the Court – Sumitra Devi Vs. Kapoor Chand – Himachal Pradesh High Court

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Section 3(31) of IBC which deals with definition of “Security Interest” apart from being inclusive definition does not merely deal with “charge” but also agreements or arrangements securing payment or performance of any obligation of any person – Concast Steel and Power Limited, (In Liquidation), Through the Liquidator Mr. Kshitiz Chhawchharia Vs. MSTC Limited – NCLAT New Delhi

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