Claims of workmen and employees of under insolvency and bankruptcy code of India.
India has made drastic change on the way insolvency is resolved for corporate entity with limited liabilities with the enactment… Read more Pre-pack under the IBC: an option for MSME Corporates to resolve its financial distress without losing control
initiate IBC action, if the Arbitration award
Asset held in trust not subject to the moratorium u/s.14 of the IBC. Sun Pharmaceutical Industries Ltd. filed application before… Read more Asset held in trust not subject to the moratorium u/s.14 of the IBC
Hon’ble Supreme Court, in Dharani Sugars and Chemicals Ltd v Union of India and Others, on 02 April 2019 held… Read more Supreme Court holds that the RBI Circular of 12 Feb 2018 not valid
This post is about the judgement of Hon’ble National Company Law Appellate Tribunal (NLCAT) in Shah Brothers Ispat Pvt. Ltd… Read more Sec.138 of NI Act is not hit by Section 14 of I&B Code
Sharing a summary of a landmark Judgement of Hon’ble Supreme Court (dated 25.1.2019) in Swiss Ribbons Pvt Ltd & Anr.… Read more The constitutional validity of the IBC upheld by the Apex Court
On 30 Nov 2018, the NCLAT has held that insolvency can be triggered against an unincorporated joint venture between two… Read more NCLAT triggers insolvency against an unincorporated Joint Venture IBC
NCLT, Mumbai in the matter of Precision Fasteners Ltd vs. Employees Provident Fund Organisation, Thane, Vapi and Vashi Decision dated… Read more Provident fund, Pension fund and Gratuity to have priority over waterfall u/s.53 of IBC
Facts in brief: M/s Vijay Nirman Company Private Limited, being an operational creditor, had initiated the Corporate Insolvency Resolution Process… Read more Proceedings pending u/s.34 of Arbitration Act whether constitute ‘dispute’ u/s.5(6) of IBC?