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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)…

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…