NCLT – Lawcutor

Timely Implementation of Resolution Plans: A Supreme Court Mandate

11 Nov 202411 Nov 2024

State Bank of India & Ors. v/s Consortium of Mr. Murari Lal Jalan and Mr. Florian Fritsch & Anr. 2024 INSC 852 In a critical ruling, a Supreme Court bench,…

Can a Moratorium under Section 14 of Insolvency Bankruptcy Code, leave petitioners without any remedy

In the case of Anjali Rathi v. Today Homes & Infrastructure Pvt. Ltd , the petitioners (Anjali Rathi) were to be given possession of apartment in the Canary Greens, housing…

Supreme Court: nominees are being cherry-picked by the centre

The Supreme Court raised an objection on Wednesday to the way the Central government authorized nominations to several tribunals recently. The suggestions of Search and Selection Committees (SCSCs) were carried…

Amazon v. Future: Supreme Court stays proceedings

9 Sep 20219 Sep 2021

Today, The Supreme Court put a stay order on the proceedings on the dispute between Amazon and Future Retail Limited pending before the Delhi High Court for four weeks. On…

DELHI GYMKHANA CLUB’S CASE

Facts of the case:-The case was about the company petition alleging that the affairs of the club are in a prejudicial manner to the public interest. The petition seeking for…

In Future Group- Reliance Retail Deal, the SC stays all other proceedings before Delhi HC

The Supreme Court, on Monday, put a stay on all the proceedings before Delhi High Court which is related to Future Retail's Deal with Reliance Retail. It's in connection with…

Supreme Court: Debt can not be claimed on dues not a part of RP once it is approved

A civil appeal was made in case of Ghanashyam Mishra And Sons Private Limited Vs.Edelweiss Asset Reconstruction Company Limited where the court delt with 3 major issues. Whether any creditor…

Supreme Court-IBC prevails over power purchase agreement

It has been held by the Supreme Court that power purchase a greener cannot be terminated during the Moratorium period under the insolvency and bankruptcy code says the Supreme Court.…

NCLT has jurisdiction to over cases solely related to corporate debtor insolvency:SC

The Supreme Court on Monday held that the National Company Law Tribunal has the jurisdiction for adjudication of the cases which relates to the insolvency of corporate debtors. However, the…

NCLT, Chennai: Virtual Mode Functioning to begin

A notification has been released stating that any fresh appeal before NCLT with jurisdiction in Karnataka, Tamil Nadu, Kerela, Andhra Pradesh, Telengana , Lakshadweep and Puducherry, shall have to filed…