The Supreme Court recently held that the National Company Law Tribunal (NCLT) cannot adjudicate or declare title over a ...
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal (“NCLAT”), under the Insolvency and Bankruptcy Code, 2 ...
The whistleblower also highlighted that how a legitimate settlement was deliberately derailed to keep Byju’s in insolvency. The whistleblower said that EY deliberately delayed BYJU's CIRP process ...
The tribunal ruled that remedies under RERA and IBC can run concurrently, and admitted CIRP as prolonged non-performance and ...
The Appellate Tribunal upheld dismissal of a CIRP application after finding that the creditor’s own pleadings fixed the default during the Section 10A exclusion period. The key takeaway is that ...
https://www.thehindubusinessline.com/money-and-banking/invitation-and-submission-of-insolvency-resolution-plans-will-be-via-an-electronic-platform-ibbis-measures-to ...
The central government may also encourage the use of alternative dispute resolution mechanisms such as mediation and arbitration to resolve disputes amicably and quickly, thereby reducing the burden ...
There's a moment - quiet but powerful - when a promoter realises they're no longer in control. That moment is called Day 1 of CIRP. From that day, the company is no longer "yours." The board is ...
A whistleblower has alleged that accounting firm Ernst & Young (EY) had manipulated edtech firm BYJU's CIRP process. However, the most alarming revelation by the whistleblower is how a legitimate ...