2020

Whether deposit of court fee on the valuation of the plaint is a precondition to maintain an application under Section 12A of the Commercial Courts Act, 2015 read with Rule 3 of The Commercial Courts (Pre-Institution Mediation and Settlement) Rules, 2018? – M/s Awasthi Motors Vs. Managing Director M/s Energy Electricals Vehicle and Another – Allahabad High Court

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Whether deposit of court fee on the valuation of the plaint is a precondition to maintain an application under Section 12A of the Commercial Courts Act, 2015 read with Rule 3 of The Commercial Courts (Pre-Institution Mediation and Settlement) Rules, 2018? – M/s Awasthi Motors Vs. Managing Director M/s Energy Electricals Vehicle and Another – Allahabad High Court Read Post »

The Supreme Court issued notice in the matter whether the non-payment of rent would qualify as an operational debt within the meaning of Section 5(21) of the IBC? – Promila Taneja Vs. Surendri Design Pvt. Ltd – Supreme Court

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The Supreme Court issued notice in the matter whether the non-payment of rent would qualify as an operational debt within the meaning of Section 5(21) of the IBC? – Promila Taneja Vs. Surendri Design Pvt. Ltd – Supreme Court Read Post »

An effort may be made if Committee of Creditors accepts the revised Resolution Plan. As liquidation order is yet not passed, there will be no harm if attempt is made to save the Corporate Debtor from liquidation. – Jay Overseas Pvt. Ltd. Vs. Mr. George Samuel Resolution Professional of Jason Decor Pvt. Ltd. – NCLAT New Delhi

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An effort may be made if Committee of Creditors accepts the revised Resolution Plan. As liquidation order is yet not passed, there will be no harm if attempt is made to save the Corporate Debtor from liquidation. – Jay Overseas Pvt. Ltd. Vs. Mr. George Samuel Resolution Professional of Jason Decor Pvt. Ltd. – NCLAT New Delhi Read Post »

Intention of Promotors is only to get admission and followed by imposition of Moratorium to stall all further proceedings, the IBC being a special legislation cannot be used as a tool to one’s advantage and other’s disadvantage – M/s. Neesa Infrastructure Limited Vs. State Bank of India – NCLAT New Delhi

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Intention of Promotors is only to get admission and followed by imposition of Moratorium to stall all further proceedings, the IBC being a special legislation cannot be used as a tool to one’s advantage and other’s disadvantage – M/s. Neesa Infrastructure Limited Vs. State Bank of India – NCLAT New Delhi Read Post »

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