05/05/2021

The mere fact that CIRP Regulation 40C was introduced on 29 March 2020 will not make it imperative for the IRP to invoke Reg. 40C for extending the timeline as a matter of routine is incorrect, the IRP/RP conducted the CIRP as per the timeline – Ramasamy Palaniappan Vs. Radhakrishnan Dharmarajan RP M/s Appu Hotels Ltd.- NCLAT Chennai

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The mere fact that CIRP Regulation 40C was introduced on 29 March 2020 will not make it imperative for the IRP to invoke Reg. 40C for extending the timeline as a matter of routine is incorrect, the IRP/RP conducted the CIRP as per the timeline – Ramasamy Palaniappan Vs. Radhakrishnan Dharmarajan RP M/s Appu Hotels Ltd.- NCLAT Chennai Read Post »

Whether for various claims arising out of separate work orders, single application can be filed by operational creditor – M/s. A2 Interiors Products Pvt. Ltd. Vs. M/s. Ahluwalia Contracts (India) Ltd.- NCLT New Delhi Bench Court-IV

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Whether for various claims arising out of separate work orders, single application can be filed by operational creditor – M/s. A2 Interiors Products Pvt. Ltd. Vs. M/s. Ahluwalia Contracts (India) Ltd.- NCLT New Delhi Bench Court-IV Read Post »

The Applicant who has filed a counter claim before the Arbitral Tribunal is said to have a claim and is contingent upon adjudication by the Arbitral Tribunal and hence, such a claim is necessarily to be declared as contingent claim by the Resolution Professional in the information memorandum – Ultra Tech Cement Limited Vs. Minita D. Raja RP of Vijay Engineering Enterprises Pvt. Ltd. – NCLT Mumbai Bench

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The Applicant who has filed a counter claim before the Arbitral Tribunal is said to have a claim and is contingent upon adjudication by the Arbitral Tribunal and hence, such a claim is necessarily to be declared as contingent claim by the Resolution Professional in the information memorandum – Ultra Tech Cement Limited Vs. Minita D. Raja RP of Vijay Engineering Enterprises Pvt. Ltd. – NCLT Mumbai Bench Read Post »

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