The Supreme Court on Tuesday stayed the ongoing corporate insolvency resolution process against Hacienda Projects Private Ltd, the developer of the Lotus 300 housing project at Sector 107, Noida. It…
The Supreme Court on Tuesday (February 24) held that a defunct Scheme of Arrangement under the Companies Act cannot stall the Corporate Insolvency Resolution Process proceedings under the Insolvency &…
The Supreme Court on Jan 15 held that a society or Resident Welfare Association of homebuyers has no locus standi (legal standing) to intervene in insolvency proceedings initiated against a real estate…
Important Judgment of Hon'ble Supreme Court on RBI directions on declaration of the account and persons related thereto as fraud. While personal hearing is declined, the Hon'ble Supreme Court has…
The Supreme Court Bench comprising CJI Sanjiv Khanna and Justice Sanjay Kumar addressed a writ petition along with linked interlocutory applications and observed that Section 101 of the Insolvency and…
In a pivotal ruling, the Appellate Tribunal reaffirmed that once a resolution plan is duly approved under Section 31(1) of the Insolvency and Bankruptcy Code, 2016, it becomes binding and…
The Central Government Industrial Tribunal (CGITLC) held that the Employees’ Provident Fund Organisation (EPFO) is bound by the final rehabilitation scheme sanctioned by the Board for Industrial and Financial Reconstruction…
The NCLAT Bench comprising Justice Rakesh Kumar Jain (Judicial Member) and Technical Members Mr. Naresh Salecha and Mr. Indevar Pandey, while adjudicating a company appeal, clarified that the resolution professional…
The Delhi High Court Single-Judge Bench of Justice Ms. Tara Vitasta Ganju, while adjudicating an application seeking the transfer of pending winding-up proceedings against the corporate debtor to the National…
The National Company Law Appellate Tribunal, Principal Bench, comprising Justice Ashok Bhushan (Chairperson) and Mr. Barun Mitra (Technical Member), while adjudicating a company appeal, held that following approval of a resolution…