Committee of Creditors is competent to revise the approved fees of Resolution Professional– Observes NCLAT Read More »
Power of arbitral tribunal to award interest is discretionary & subject to agreement between parties- Opines Supreme Court Read More »
Mere suppression of information about criminal complaint filed against the employee before submission of employment application form, does not mean that employer can arbitrarily terminate employee from service- Observes Supreme Court Read More »
Employers can’t dispute employees’ date of Birth at fag end of their service- Opines Supreme Court Read More »
Corporate Insolvency Resolution Process (“CIRP”) can be initiated based on an unchallenged arbitral award- Observes NCLT Kolkata Read More »
Wages/Salaries of only those workmen/employees who actually worked during Corporate Insolvency Resolution Process (“CIRP”) are to be included in CIRP Costs- Supreme Court Held Read More »
Quantum of debt not to be decided at the stage of admission of a Section 7 petition under Insolvency and Bankruptcy Code, 2016 (“IBC”) – Holds NCLAT, Delhi 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 »
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