The Chennai bench of the National Company Law Tribunal (NCLT) has approved the resolution plan submitted by US-based investor Ingen Capital Group LLC for Chennai-based pharmaceutical manufacturer Orchid Pharma Ltd, following
Category: Legal
Financial creditors not part of CoC don’t have voting rights: IBBI – The Hindu BusinessLine
The Insolvency and Bankruptcy Board of India (IBBI) has cleared the air on the crucial issue of whether a financial creditor who is not admitted
Consumer Protection Bill: Time for careful rethinking – The Financial Express
Internet users in India are expected to increase from 481 million (December 2017) to 829 million by 2021, which will have a direct impact on
Insolvency Law–Apex court to settle law to minimise NCLT, NCLAT interference – The Financial Express
The court will resume hearing on September 25. The Supreme Court on Wednesday observed that it will settle the law so as to avoid any
Watchdog comes to homebuyers’ rescue, asks builder to pass on GST benefits | Business Standard News
The National Anti-Profiteering Authority (NAA) has come to the aid of homebuyers by concluding that a builder of affordable houses has profiteered by not passing
GST–Dealer delight! Gujarat High Court strikes down GST provision as unconstitutional – The Financial Express
The court termed the sub-section concerned as unconstitutional as it violated the vested right of the petitioner. The Gujarat High Court has struck down a
Numetal joins war of letters, points fingers at Mittals – NEWS – The Hindu BusinessLine
The fight to take control of Essar Steel intensified on Monday with Numetal seeking to know from the the resolution professional (RP) overseeing the insolvency
IBC –K. Kishan Vs. M/s. Vijay Nirman Company Pvt. Ltd. | Latest Supreme Court Judgments | Law Library | AdvocateKhoj
K. Kishan Vs. M/s. Vijay Nirman Company Pvt. Ltd. [Civil Appeal No. 21824 of 2017] [Civil Appeal No. 21825 of 2017] R.F. Nariman, J. 1.
From insurer’s liability to arbitration appeal, here are key court orders | Business Standard Column
Curbs on invoking IBC in arbitration appeal The Insolvency and Bankruptcy Code cannot be invoked when an arbitration award has been passed against an operational debtor and
NCLT/NCLAT shouldn’t interfere in insolvency resolution proceedings: Supreme Court – The Economic Times
The Supreme Court on Thursday said the National Company Law Tribunal (NCLT) and the Appellate Authority (NCLAT) should refrain from interfering in insolvency resolution proceedings by the Interim Resolution
Don’t interfere in insolvency resolution proceedings: SC to NCLT/NCLAT | Business Standard News
The Supreme Court on Thursday said the National Company Law Tribunal (NCLT) and the Appellate Authority (NCLAT) should refrain from interfering in insolvency resolution proceedings by the
No ‘halla bol’ at defaulter’s residence: Kerala HC to Corp Bank – The Hindu BusinessLine
The Kerala High Court, on Thursday, restrained the management of Corporation Bank from holding any sort of demonstration by its employees in front of a
All you wanted to know about MahaRERA – The Hindu BusinessLine
The implementation of a regulator for real estate transactions in India was expected to revive buyers’ confidence in the realty market. It has been little
Stressed power firms: Relief for 2 power projects; Madras HC stays insolvency proceedings – The Economic Times
Madras High Court has granted interim reprieve to two private power companies by staying insolvency proceedings against their stressed assets. Several other firms, meanwhile, are likely to
Insolvency case: ICICI Bank moves NCLT against JP Associates – The Financial Express
ICICI Bank on Monday filed an insolvency case against Jaiprakash Associates before the Allahabad bench of the National Company Law Tribunal (NCLT), which issued notices
IBC and Companies Act: Accountability of owners – Will the bells toll now? – The Financial Express
Shuchi Dutta & Kaushik Dutta The year is 1982. A young Swraj Paul has just attempted a hostile takeover of DCM and Escorts, two leading
Data protection: The top priority for Indian CEOs – The Financial Express
Atul Gupta A new commodity is spawning a fast growing industry, prompting regulators to step in to restrain those who control its flow. A century
Power NPA case: SC transfers all pleas filed in different HCs to itself | Business Standard News
In a relief to power companies, the Supreme Court on Tuesday transferred all pleas filed before different high courts to itself in power NPAs case. The apex
Joint responsibility – The Hindu BusinessLine
The J&J episode shows up our regulatory flaws In dealing with the global recall of the artificial hip transplants of US-based Johnson and Johnson, India’s
Russia’s VTB Capital-backed Numetal’s second bid for bankrupt Essar Steel valid, rules NCLT – The Financial Express
The National Company Law Appellate Tribunal (NCLAT) on Friday ruled that Russia’s VTB Capital-backed Numetal’s second bid for bankrupt Essar Steel is eligible but gave
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