An Application filed under Section 65 of the Code is maintainable after the Application under Section 7,9 or 10 is filed, and not after the admission: Hon’ble NCLAT.

An Application filed under Section 65 of the Code is maintainable after the Applications under Section 7,9 or 10 are filed, and not necessarily only after admission: Hon’ble NCLAT, New Delhi

Introduction: The Hon’ble NCLAT in a significant ruling, recently addressed a crucial issue in insolvency jurisprudence vide its Order dated 05.08.2024 in the matter of Devashree Developers Pvt. Ltd. and Ors. vs Aravali Cylinders Pvt.

Our Partner Shrishail Kittad quoted in moneycontrol.com

In a recent article published by moneycontrol.com titled “RBI’s new rules for P2P platforms: A net positive for lenders, borrowers”, Our Partner Shrishail Kittad shares his expert insights. Shrishail Opined “The requirement of T +

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

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