10 (3)

Intention of Promotors is only to get admission and followed by imposition of Moratorium to stall all further proceedings, the IBC being a special legislation cannot be used as a tool to one’s advantage and other’s disadvantage – M/s. Neesa Infrastructure Limited Vs. State Bank of India – NCLAT New Delhi

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Intention of Promotors is only to get admission and followed by imposition of Moratorium to stall all further proceedings, the IBC being a special legislation cannot be used as a tool to one’s advantage and other’s disadvantage – M/s. Neesa Infrastructure Limited Vs. State Bank of India – NCLAT New Delhi Read Post »

Section 10(3)(c) of the Code requires that a Special Resolution passed by the shareholders of the Corporate Debtor needs to filed along with the Company Petition – IGOPL Offshore Private Limited – NCLT Mumbai Bench

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Section 10(3)(c) of the Code requires that a Special Resolution passed by the shareholders of the Corporate Debtor needs to filed along with the Company Petition – IGOPL Offshore Private Limited – NCLT Mumbai Bench Read Post »

No decision has been taken by the Shareholders in their Extra Ordinary General Meeting, the application under Section 10 filed by the person authorized by the Board of Directors, is not maintainable – Gaja Trustee Company (P) Ltd. & Ors. Vs. Haldia Coke and Chemicals (P) Ltd.- NCLAT

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No decision has been taken by the Shareholders in their Extra Ordinary General Meeting, the application under Section 10 filed by the person authorized by the Board of Directors, is not maintainable – Gaja Trustee Company (P) Ltd. & Ors. Vs. Haldia Coke and Chemicals (P) Ltd.- NCLAT Read Post »

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