Arbitration invoked Without authority, the defect cannot be ratified with a fresh board resolution: Observes Bombay High Court Read More »
Standard of pre-existing dispute under IBC is not equivalent to principle of ‘preponderance of probability’: Opines Supreme Court Read More »
Operational Creditor cannot change the ‘date of default’ by confining the invoices to a later period: Reiterates NCLT, Mumbai Read More »
Adjudicating Authority can consider any application arising out of sale in liquidation: Opines NCLAT, Delhi Read More »
COC’s decision for liquidation is open to judicial review by NCLT and NCLAT: Clarifies NCLAT, Delhi Read More »
NCLAT, Delhi sets aside unreasoned order passed by Adjudicating Authority for not satisfying “requirements of an order” Read More »
Approval of a resolution in respect of one borrower cannot discharge a co-borrower: Holds Supreme Court Read More »
No bar to withdraw admitted CIRP application before constitution of Committee of Creditors: Holds Supreme Court Read More »
Court cannot decide as to whether the arbitration clause in a subsequent agreement would govern past transactions of similar nature: Holds Delhi High Court Read More »