NCLT
-
NCLT orders reinstatement of the name of respondent company in the ROC, sets aside ROC order for non-compliance
NCLT sets aside the order of the ROC, West Bengal to strike off the name of Respondent Company due to…
Read More » -
NCLT finds evidence of existing dispute about the amount of debt, holds not maintainable u/s 9 of IBC
NCLT rejects application for CIRP of Corporate Debtor on the grounds of existing serious dispute between the parties about the…
Read More » -
NCLT allows SBI to opt out of Liquidation process but prohibits sale of assets to disqualified persons.
NCLT grants permission to Secured Creditors to opt out of the Liquidation process but imposes a bar on the secured…
Read More » -
NCLT dismisses case for lack of evidence in support of forfeiture of shares
NCLT dismisses case for lack of evidence in support of forfeiture of shares being invalid and illegal. Fine no evidence…
Read More » -
NCLT : Counter Petitions are not sustainable, rejected on Scope and Jurisdiction
NCLT rejected the petition filed under Indo Alusys Industries Ltd. vs. SMW Metal Pvt. Ltd. NCLT held that the dispute…
Read More » -
NCLT can initiate CIRP if High Court has not appointed official Liquidator & passed winding up order
In Nuvoco Vistas Corporation Ltd. vs Maxout Infrastructures Pvt. Ltd. , NCLT held that it does not have any bar…
Read More » -
NCLT holds that non-completion of work cannot be considered as “a pre-existing dispute”
NCLT, Ahmedabad held that non-completion of work cannot be considered as pre-existing dispute. In addition, in order to prove that…
Read More » -
Whether advance payment towards the construction of the project by the individual can be treated as deposit under Companies Act, 2013?
Crux of the matter: Depositor lent Rs. 18 lakhs to the Company towards its real estate business for booking a…
Read More » -
“Tours on luxury train” fulfils the requirement of “services” u/s 5 (21) of IBC, states Operational Creditor to be illustrative definition
NCLT New Delhi, held that tours by luxurious train fulfil the requirement of word “services” u/s Section 5(21) of the…
Read More » -
NCLT treats Arbitral Proceeding or pendency of suit as “existence of dispute” & Arbitral award or Tribunal order as “record of Operational Debt”
NCLT Hyderabad clarified that “pendency of suit” or “Arbitral Proceeding” would be considered as an “existence of dispute” and the…
Read More »