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KEY FEATURES OF THE JUDGMENT OF THE HON’BLE SUPREME COURT IN THE MATTER OF “LALIT KUMAR JAIN VS. UNION OF INDIA” IN TRANSFER CASE (CIVIL) NO.245/2020 ALONG WITH OTHER CONNECTED TRANSFER PETITIONS AND WRIT PETITIONS

KEY FEATURES OF THE JUDGMENT OF THE HON’BLE SUPREME COURT IN THE MATTER OF “LALIT KUMAR JAIN VS. UNION OF INDIA" IN TRANSFER CASE (CIVIL) NO.245/2020 ALONG WITH OTHER CONNECTED…

Continue Reading KEY FEATURES OF THE JUDGMENT OF THE HON’BLE SUPREME COURT IN THE MATTER OF “LALIT KUMAR JAIN VS. UNION OF INDIA” IN TRANSFER CASE (CIVIL) NO.245/2020 ALONG WITH OTHER CONNECTED TRANSFER PETITIONS AND WRIT PETITIONS

PROMOTERS BARRED UNDER SECTION 29A, INSOLVENCY AND BANKRUPTCY CODE, 2016, SHALL BE BARRED TO PRESENT A SCHEME OF COMPROMISE OR ARRANGEMENT UNDER SECTION 230 OF THE COMPANIES ACT, 2013

PROMOTERS BARRED UNDER SECTION 29A, INSOLVENCY AND BANKRUPTCY CODE, 2016, SHALL BE BARRED TO PRESENT A SCHEME OF COMPROMISE OR ARRANGEMENT UNDER SECTION 230 OF THE COMPANIES ACT, 2013 In…

Continue Reading PROMOTERS BARRED UNDER SECTION 29A, INSOLVENCY AND BANKRUPTCY CODE, 2016, SHALL BE BARRED TO PRESENT A SCHEME OF COMPROMISE OR ARRANGEMENT UNDER SECTION 230 OF THE COMPANIES ACT, 2013

INSOLVENCY PROCEEDINGS UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 OVERRIDE THE LIQUIDATION PROCEEDINGS UNDER THE COMPANIES ACT.

INSOLVENCY PROCEEDINGS UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 OVERRIDE THE LIQUIDATION PROCEEDINGS UNDER THE COMPANIES ACT. In the matter of A Navinchandra Steels Pvt. Ltd. Vs SREI Equipment Finance…

Continue Reading INSOLVENCY PROCEEDINGS UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 OVERRIDE THE LIQUIDATION PROCEEDINGS UNDER THE COMPANIES ACT.

PROCEEDINGS FOR CHEQUE DISHONOUR CAN CONTINUE AGAINST THE OFFICERS OF THE COMPANY DESPITE PRINCIPAL BORROWER UNDERGOING INSOLVENCY PROCEEDINGS

PROCEEDINGS FOR CHEQUE DISHONOUR CAN CONTINUE AGAINST THE OFFICERS OF THE COMPANY DESPITE PRINCIPAL BORROWER UNDERGOING INSOLVENCY PROCEEDINGS On 01.03.2021, in the matter of P. Mohanraj&Ors.Vs M/s Shah Brothers Ispat…

Continue Reading PROCEEDINGS FOR CHEQUE DISHONOUR CAN CONTINUE AGAINST THE OFFICERS OF THE COMPANY DESPITE PRINCIPAL BORROWER UNDERGOING INSOLVENCY PROCEEDINGS

CONSTITUTIONAL VALIDITY OF SECTION 32A OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016 UPHELD BY THE HON’BLE SUPREME COURT

CONSTITUTIONAL VALIDITY OF SECTION 32A OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016 UPHELD BY THE HON’BLE SUPREME COURT The Hon’ble Supreme Court while upholding various amendments to the Insolvency and…

Continue Reading CONSTITUTIONAL VALIDITY OF SECTION 32A OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016 UPHELD BY THE HON’BLE SUPREME COURT

SECTION 14, LIMITATION ACT IS APPLICABLE TO PROCEEDINGS UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016

SECTION 14, LIMITATION ACT IS APPLICABLE TO PROCEEDINGS UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 In the matter of SeshNath Singh &Anr.VsBaidyabatiSheoraphuli Co-operative Bank Ltd. &Anr.(2021) SCC OnLine SC 244,…

Continue Reading SECTION 14, LIMITATION ACT IS APPLICABLE TO PROCEEDINGS UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016

Pre-packaged Insolvency Resolution Process

Pre-packaged Insolvency Resolution Process The Government has recently introduced the Pre-packaged Insolvency Resolution Process, which is meant for a time bound resolution of debts of Micro, Small and Medium Enterprises (MSMEs).…

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Asset Reconstruction Company (India) Limited vs. Bishal Jaiswal- Hon’ble Supreme Court

Asset Reconstruction Company (India) Limited vs. Bishal Jaiswal- Hon'ble Supreme Court The judgment of the Hon'ble Supreme Court in the matter of  Asset Reconstruction Company (India) Limited vs. Bishal Jaiswal (Judgment…

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Ghanashyam Mishra and Sons Pvt Limited vs. Edelweiss Asset Reconstruction Company Limited: Hon’ble Supreme Court

Ghanashyam Mishra and Sons Pvt Limited vs. Edelweiss Asset Reconstruction Company Limited: Hon'ble Supreme Court The judgment of the Hon'ble Supreme Court in the matter of Ghanashyam Mishra and Sons…

Continue Reading Ghanashyam Mishra and Sons Pvt Limited vs. Edelweiss Asset Reconstruction Company Limited: Hon’ble Supreme Court