Tag: Resolution Plan

Can a delay caused by a stay granted by a Higher Court in implementation of a Resolution Plan be excluded from the time given for the implementation of the Resolution Plan

Can a delay caused by a stay granted by a Higher Court in implementation of a Resolution Plan be excluded from the time given for the implementation of the Resolution Plan?

Saturday July 20, 2024. BY Malavika Sachin and Soham Gadgil | Insolvency & Bankruptcy

Introduction: In the matter of Majestic Auto Limited v. Sharan Hospitality Pvt Ltd. & Anr.[i], the Hon’ble NCLAT held that when a Higher Court grants a stay order which puts an embargo on implementation of

ADJUDICATING AUTHORITY HAS NO JURISDICTION TO MODIFY A RESOLUTION PLAN: NCLAT

Wednesday January 11, 2023. BY Arjun Sathees | Insolvency & Bankruptcy

National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, comprising of Justice Rakesh Kumar Member and Dr. Ashok Kumar Mishra in Mathuraprasad C Pandey & Ors. v Partiv Parikh & Anr.1, vide Judgement dated

Impact of Provident Fund Dues on Approval of Resolution Plans under the Insolvency and Bankruptcy Code, 2016

Thursday December 1, 2022. BY Arjun Sathees | Insolvency & Bankruptcy

Employee Provident Fund (“EPF”) dues pertain to contributions that are to be made by the employer on behalf of the employee as a part of the employee welfare scheme mandated by the Employees Provident Fund