Against the order of Debt Recovery Tribunal, the writ petition is not maintainable and the only remedy with the person concerned is for an appeal to DRAT – Shri Vikram Singh Rathore Vs. Mentor Home Loans India Ltd. – Rajasthan High Court

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NCLT imposes Rs. 1 Crore penalty on the Wave Megacity Centre Pvt. Ltd. on filing CIRP under Section 10 of IBC, 2016 to play fraud on thousands of Home Buyers, Noida Authority, Government Authorities etc. and directs the Central Government to make necessary investigation into the affairs of the Corporate Debtor – Mr. Rakesh Taneja & Others Vs. Wave Megacity Centre Pvt. Ltd. – NCLT Principal Bench

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There is no vested right or fundamental right in the Resolution Applicant to have its Resolution Plan approved – M/s. Unicon Buildtech (Prospective Resolution Applicant) Vs. Aishwarya Mohan Gahrana RP, Durha Vitrak Pvt. Ltd. – NCLAT New Delhi

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