NCLAT’s Authoritative Interpretation of Prior Approval under Section 33(5) of the I&B Code.

NCLAT’s Authoritative Interpretation of Prior Approval under Section 33(5) of the I&B Code

Introduction On May 31, 2024, the National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, delivered a significant judgment in the matter of Slimline Realty Pvt. Ltd. v. Mr. Jigar Bhatt. The ruling, encapsulated

Treatment of EPFO Dues (7A, 7Q and 14B of EPF Act) in Liquidation Exclusion under IBC Section 36(4)(a)(iii) and Non-Applicability of Section 53(1)

Treatment of EPFO Dues (7A, 7Q and 14B of EPF Act) in Liquidation: Exclusion under IBC Section 36(4)(a)(iii) and Non-Applicability of Section 53(1)

Introduction: In the case of Mr. Anuj Bajpai vs. Employee Provident Fund Organisation & Ors.[i], Liquidator submitted that Contribution under Section 7A should have been treated in accordance with Section 36(4) of the Code and,

SC upholds filing written statement after 17 years delay

Supreme Court upholds Calcutta High Court decision permitting filing of written statement after 17 years due to error on part of the Registry

The Hon’ble Supreme Court (“SC”)[i] has recently passed a judgment in the case of PIC Departmentals Pvt. Ltd. v. Sreeleathers Pvt. Ltd.[ii], arising out of the judgment[iii] of a Division Bench of the Hon’ble Calcutta

Public Property to be Sold at Market Valuation By Conducting a Fair and Transparent Auction

The Hon’ble Supreme Court (“SC”) in the matter of City Montessori School v. State of Uttar Pradesh And Ors[i]. reiterated its prior observation made in Akhil Bhartiya Upbhokta Congress v. State of Madhya Pradesh and

Our Associate Partner Tannya Baranwal quoted in The Hindu businessline

In a recent article published by businessline titled “Rapid Relief: MCA’s new LLP exit policy takes effect on August 27”, Our Associate Partner Tannya Baranwal shares her expert insights. Tannya Opined “C-PACE has been introduced

Our Senior Partner Shiju PV quoted in The Hindu Businessline

In a recent article published by businessline titled “MCA mandates electronic mode for all adjudication proceedings of penalties”, Our Senior Partner Shiju PV shares his expert insights. Shiju Opined “E-Adjudication platform envisages an end-to-end digitalisation

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