31/01/2019

A copy of the resolution plan should be provided to the Director of the Corporate Debtor – Director in CoC-Vijay Kumar Jain Vs. Standard Chartered Bank & Ors. – Supreme Court

The proviso to Section 21(2) clarifies that a director who is also a financial creditor who is a related party of the corporate debtor shall not have any right of representation, participation, or voting in a meeting of the committee of creditors. Directors, simplicitor, are not the subject matter of the proviso to Section 21(2), but only directors who are related parties of the corporate debtor

A copy of the resolution plan should be provided to the Director of the Corporate Debtor – Director in CoC-Vijay Kumar Jain Vs. Standard Chartered Bank & Ors. – Supreme Court Read Post »

Whether exclusion of a subsidiary company, joint venture or associate of other company, for purpose of eligibility for registration as valuer is reasonable & constitutional-Cushman And Wakefield India Private Limited Vs. Union Of India & Anr-Delhi High Court

Whether a company, other than a subsidiary company, joint venture or associate of other company forms a separate class for the purpose of eligibility for registration as a valuer under the subject Rules, and as such whether the said classification is reasonable. In other words, whether exclusion of a subsidiary company, joint venture or associate of other company, for purpose of eligibility for registration as valuer is reasonable. The answer to the same has to be in the affirmative.

Whether exclusion of a subsidiary company, joint venture or associate of other company, for purpose of eligibility for registration as valuer is reasonable & constitutional-Cushman And Wakefield India Private Limited Vs. Union Of India & Anr-Delhi High Court Read Post »

Whether internal dispute between the Banks with regard to generation of money out of the sale assets of the Corporate Debtor can be decided by Resolution Professional / Adjudicating Authority – State Bank of India Vs. Punjab National Bank & Ors. – NCLAT New Delhi

Login with GoogleOR Username Password Remember Me     Forgot Password In case you’ve already logged in, click here

Whether internal dispute between the Banks with regard to generation of money out of the sale assets of the Corporate Debtor can be decided by Resolution Professional / Adjudicating Authority – State Bank of India Vs. Punjab National Bank & Ors. – NCLAT New Delhi Read Post »

Whether the amount which is in the Suspense account of a bank can be made use of by the Bank for payment towards lead bank charges dues – Parmod Kumar Sharma, RP of  Uniworld Sugars Pvt. Ltd. Vs. IDBI Bank Ltd. – NCLT Allahabad Bench

Login with GoogleOR Username Password Remember Me     Forgot Password In case you’ve already logged in, click here

Whether the amount which is in the Suspense account of a bank can be made use of by the Bank for payment towards lead bank charges dues – Parmod Kumar Sharma, RP of  Uniworld Sugars Pvt. Ltd. Vs. IDBI Bank Ltd. – NCLT Allahabad Bench Read Post »

Scroll to Top