Sale of Corporate Debtor as a ‘Going Concern’ includes both assets and liabilities: NCLT Mumbai Read More »
Under ‘Right of Subrogation’ guarantor is entitled to initiate CIRP against principal borrower: NCLT Kolkata Read More »
The interest or claim of a partner against another partner or firm is not protected under IBC: NCLT Mumbai Read More »
Market value does not become decisive of valuation merely because litigation involves immovable property: Supreme Court Read More »
NCLT/NCLAT should not sit in appeal over commercial wisdom of CoC to allow withdrawal of CIRP: Opines Supreme Court Read More »
Temporary unavailability of a member to sign the order not a ground for fresh hearing, if order was passed with consent of such member: NCLAT Delhi Read More »
SARFAESI proceedings cannot be continued against corporate debtor once CIRP is admitted and moratorium is ordered: Observes Supreme Court Read More »
Contract Act does not recognize sale of pledged goods by Pawnee to self: Opines Supreme Court Read More »
Moratorium period can be excluded in computing limitation period in a Suit/Application by Corporate Debtor- Holds Supreme Court Read More »