Summary of landmark judgment of Supreme Court in Arcelormittal India Pvt. Ltd. Vs. Satish Kumar Gupta & Ors., in Insolvency and Bankruptcy Code, 2016

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

 

Resolution Professional or Committee of Creditors cannot reclassify the status of a creditor from Financial to Operational Creditor – Mr Rajnish Jain The promoter, Stakeholder and Managing Director of Suspended Board of Directors Vs. Manoj Kumar Singh – IRP – NCLAT New Delhi

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

 

While sanctioning a scheme of arrangement the right of Tax Authorities remains intact to initiate appropriate proceedings regarding recovery of any tax – Ad2Pro Global Creative Solutions Pvt. Ltd. Vs. Regional Director, (SER), Ministry of Corporate Affairs- NCLAT New Delhi

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

 

Whether or not a creditor can initiate CIRP against the corporate guarantor when the guarantee is given for the loans granted to non-companies – M/s The Karur Vysya Bank Limited Vs. M/s Maharaja Theme Parks and Resorts Private Limited  – NCLT Chennai Bench

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

 

Regulation 30A has to be read along with the main provision Sec. 12A which contains no such stipulation- Brilliant Alloys Private Limited Vs. Mr. S. Rajagopal & Ors.- Supreme Court

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