Tag: RESOLUTIONPLAN

CoC’s Unfettered Authority vs. RP’s Regulation 39(1A) Limitation

On 28 March 2025, the National Company Law Appellate Tribunal (NCLAT) delivered a significant judgment in the case of Sagar Stone Industries vs. Sajjan Kumar Dokania & Ors., dismissing two appeals filed by an unsuccessful

Finality in Insolvency Resolution: Supreme Court's Stance on Belated Claims in CIRP Cases

Finality in Insolvency Resolution: Supreme Court’s Stance on Belated Claims in CIRP Cases

Background of the Case The Supreme Court of India recently delivered a significant judgment in the case of Vaibhav Goel & Anr. versus Deputy Commissioner of Income Tax & Anr. (Civil Appeal No. 49 of

SC Dismisses Appeals by Noida Special Economic Zone Authority Upholds Insolvency and Bankruptcy Code, 2016 Primacy Over the Special Economic Zone Act, 2005

SC Dismisses Appeals by Noida Special Economic Zone Authority: Upholds Insolvency and Bankruptcy Code, 2016 Primacy Over the Special Economic Zone Act, 2005

In a landmark decision, the Supreme Court of India in Noida Special Economic Zone Authority (NSEZA) v. Manish Agarwal & Ors. upheld the approval of a resolution plan under the Insolvency and Bankruptcy Code (IBC),