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Recent Posts

Impact of COVID-19 on Insolvency and Bankruptcy Code, 2016: Relief(s) & Implication(s) – By Rahul Kumar July 10, 2020
IBBI Asseverates its Disciplinary Stance on the Dutiful Profession of an Insolvency Professional – By Adv. Aditya Gauri July 9, 2020
NCLT directed to remove attachment/ lien marked on Bank accounts of Corporate Debtor by Income Tax Department under section 226(3) of Income Tax Act, 1961 – Shri Ramchandra D Chaudhary Vs. CIT – NCLT Ahmedabad July 4, 2020
The question of extension of lease deed already executed in favour of the CD cannot be a part of the approval order. The resolution applicant has to take appropriate legal courses for getting it extended before the period would expire from the appropriate authority as per law – Bank of India Vs. RNB Cements Pvt. Ltd. – NCLT Guwahati July 4, 2020
In reference to increased limit to Rs. 1 crore under Section 4 of the Code, Courts/Tribunal will have to examine the issue with reference to cause of actin arise in particular cases, and to decide the case by applying Law as available at the time of admission of a particular case – M/s P E Analytics Pvt. Ltd. Vs. Skylark Mansions Pvt. Ltd. – NCLT Bengaluru July 4, 2020

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