0 comments on “What does “dispute” and “existence of dispute” means for the purpose of determination of a petition under section 9 of the ‘IBC’- Kirusa Software Private Ltd. vs. Mobilox Innovations Private Ltd.- NCLAT”

What does “dispute” and “existence of dispute” means for the purpose of determination of a petition under section 9 of the ‘IBC’- Kirusa Software Private Ltd. vs. Mobilox Innovations Private Ltd.- NCLAT

Brief about decision: In the present case the adjudicating authority has acted mechanically and rejected the application under sub-section (5)(ii)(d) of Section 9 without examining and discussing the aforesaid issue. If the adjudicating authority would have noticed the provisions as…

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Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016

Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 CHAPTER I GENERAL Short title and commencement. 1. (1) These Regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016. (2)These Regulations shall come into…

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The Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016

The Insolvency and Bankruptcy Code, 2016 The Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 G.S.R. 1108(E)(date-30.11.2016)—In exercise of the powers conferred by clauses (c), (d), (e) and (f) of sub-section (1) of section 239 read with sections 7,…