by Publication | Aug 7, 2020 | Case Laws
NCLAT observed that it is the settled law of land that the approval of the Resolution Plan depending upon various factors including feasibility, viability, financial matrix and distribution mechanism rests upon the business decision taken by the Committee of Creditors...
by Publication | Jul 16, 2020 | Case Laws
The Adjudicating Authority, NCLT, Allahabad Bench has observed in para 11 of the final order passed in CP No (IB) 457/ALD/2019 that mere plain reading of provisions shows that the financial debt means the debt alongwith interest, if any, which is disburse against the...
by Publication | Jul 8, 2020 | Case Laws
NCLT held that it is to be remembered that the time is the essence of the code and CIRP has to be completed in time bound manner and, as such, if the attachment of Bank Account is not removed by the Income Tax Commissioner in that event the very object of the 1B Code...
by Publication | Jul 1, 2020 | Case Laws
SUPREME COURT OF INDIAFULL BENCH( Before : S. B. Sinha, J; Mukundakam Sharma, J; H. L. Dattu, J )Criminal Appeal No. 1397 of 2007Decided on : 31-03-2009 (2009) 67 ACrC 394 : (2009) 2 AICLR 667 : (2009) AIR(SCW) 2604 : (2009) Sup AIR(SC) 1811 : (2009) ALLMR(Cri) 1570 :...
by Publication | Jun 29, 2020 | Case Laws
The Hon’ble Supreme Court of India in the case of S.KASI Vs. STATE THROUGH THE INSPECTOR OF POLICE SAMAYNALLUR POLICE STATION MADURAI DISTRICT, held that the accused was entitled for grant of the default bail since the prosecution filed to file the charge-sheet...
by Publication | Jun 25, 2020 | Case Laws
National Company Law Appellate Tribunal At New DelhiCompany Appeal (AT) (Insolvency) No. 482 of 2020 The ‘resolution plan’ of Resolution Applicant has been approved by the ‘Committee of Creditors’ along with the process of approval of the Resolution Plan by CoC was...
