Tata Steel Mining Ltd. Vs. Mr. Supriyo Kumar Chaudhuri, RP of Rohit Ferro Tech Ltd. – NCLT Kolkata Bench

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Mr Srinivasula Reddy, Former Director & Shareholder of M/s Teja Cement Ltd. Vs. Mr. I.V. Nanda Gopal – NCLAT Chennai

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Successful Bidder is granted certain reliefs, concessions, and waivers which would be essential and necessary for smooth transition and to run the business of the Corporate Debtor as a going concern – Dekon Enterprises Pvt. Ltd. Vs. Anil Anchalia, Liquidator – NCLT Kolkata Bench

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Concept of Going Concern Sale under IBC to Sale of “Corporate Debtor as a going concern” under Regulation 32(e) and sale of “Business of Corporate Debtor as a going concern” under Regulation 32(f) – M.S. Viswanathan Vs. Pixtronic Global Technologies Pvt. Ltd. – NCLT Chennai Bench

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Suspended Board of Directors under the Code, 2016 do not have power to replace a Resolution Professional – Anil Kumar Ojha Vs. Chandramouli Ramasubramaniam RP of SLO Industrial Ltd. & Anr. – NCLAT Chennai

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Whether the Adjudicating Authority while exercising jurisdiction under the IBC have any jurisdiction to issue Non-Bailable Warrant against any person or party – Vikram Puri (Suspended Director) Vs. Universal Buildwell Pvt. Ltd. – NCLAT New Delhi

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Landmark judgment – Whether the CMM/DM can appoint an advocate in exercise of powers under Section 14(1A) of the SARFAESI Act, 2002? – NKGSB Cooperative Bank Ltd. Vs. Subir Chakravarty & Ors. – Supreme Court

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Liquidator cannot brushed aside the decisions arrived at by the Interim Resolution Professional/‘Resolution Professional’ except for any subsequent development as arisen in respect of the claims – Axis Bank Ltd. Vs. Samruddhi Realty Ltd. – NCLAT Chennai

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No insolvency can be initiated against Personal Guarantor of NBFC/Financial Service Providers(FSP), if the concerned NBFC/FSP does not fall within the category of FSP Threshold Notification issued under Section 227 of IBC i.e. not having assets size of Rs. 500 cores or more – Rekha Singh Vs. Shapoorji Pallonji Finance Pvt. Ltd. – NCLT Jaipur Bench

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Withdrawal of Section 7 Petition filed under the IBC Code, 2016 against the Principal Borrower will not be a bar for the Creditor/Lender in initiating fresh CIRP against the Guarantor – Rajnish Gupta Vs. Union Bank of India & 1 Other – NCLAT New Delhi

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