Important decisions of Supreme Court and High Courts, Decisions of NCLAT and NCLT relating to Corporate Insolvency Resolution, Corporate Liquidation, Voluntary Liquidation and Fast Track Resolution Process. There will be five questions carrying one mark each.
Category: Examination
Supreme Court Cases -Limited Insolvency Examination w.e.f. 1st January, 2021
Supreme Court Cases - Limited Insolvency Examination w.e.f. 1st January, 2021 1. Innoventive Industries Ltd. v ICICI Bank and Anr. (Civil Appeal Nos. 8337-8338 of 2017) Case Citation: [2017] ibclaw.in 02 SC FACTS: In 2012, Innoventive Industries (Corporate Debtor/Appellant)…
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High Court Cases – Limited Insolvency Examination w.e.f. 1st January, 2021
High Court Cases - Limited Insolvency Examination w.e.f. 1st January, 2021 1. Sree Metaliks Ltd. and Anr v Union of India and Anr. (W.P. 7144 (W)-2017) in High Court of Judicature at Calcutta Case Citation: [2017] ibclaw.in 03 HC…
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NCLAT Cases – Limited Insolvency Examination w.e.f. 1st January, 2021
NCLAT Cases - Limited Insolvency Examination w.e.f. 1st January, 2021 1. Edelweiss Asset Reconstruction Co. Ltd. v Synergies Dooray Automotive Ltd. & Ors. Case Citation: [2018] ibclaw.in 102 NCLAT Facts of the Case The CIRP was initiated against Synergies-Dooray Automotive…
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NCLT Cases-Limited Insolvency Examination w.e.f. 1st January, 2021
NCLT Cases-Limited Insolvency Examination w.e.f. 1st January, 2021 1. In the matter of Amtek Auto Limited [CA.Nos.567/2018 & 601/2018 in CP(IB)No.42/Chd/Hry/2017] Case Citation: (2019) ibclaw.in 14 NCLT Corporation Bank as a financial creditor filed a petition under Section 7…
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Persons not eligible to be Resolution Applicant-Section 29A of IBC
Chapter-3 : CIRP Topic-8 : CIRP and Resolution Plan Persons not eligible to be Resolution Applicant [Sec. 29A of IBC] If Section 30(1) of IBC is perused, it requires Resolution Applicant to state that he is eligible under Section 29A…
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Short Note on Insolvency and Bankruptcy Code, 2016
Short Note on Insolvency and Bankruptcy Code, 2016 (IBC, 2016) What is Insolvency and Bankruptcy Code, 2016 (IBC)? "In One line we can say that in case of a default by the equity owners to meet their debt obligations, control…
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Filing application by Financial Creditor before NCLT under Section 7 of the Insolvency and Bankruptcy Code 2016 (IBC)
How to file application before NCLT by Financial Creditor under section 7 of the Insolvency and Bankruptcy Code, 2016. Section 7 of IBC
Procedure of filing application by Operational Creditor before NCLT under Section 8 & 9 of the Insolvency and Bankruptcy Code 2016 (IBC)
How to file application under section 9 of IBC by Operational Creditors.
Initiation of CIRP by corporate applicant under Section 10 of the Insolvency and Bankruptcy Code 2016 (IBC)
Initiation of CIRP by corporate applicant under Section 10 of the IBC