Tax Guru11h
Financial Creditor’s can Invoke Pledge; IBC Application can e Admitted Despite Settlement Attempts: NCLAT
Financial Creditor had the discretion to invoke the pledge – IBC application can be admitted despite appellant’s ongoing attempts at settlement ...
Your Story23h
NCLT directs disciplinary proceedings against BYJU'S' resolution professional
Passing an order, the Bengaluru bench of the National Company Law Tribunal has directed the Insolvency & Bankruptcy Board of India to conduct an enquiry against Pankaj Srivastava, resolution ...
Tax Guru11h
CoC’s Approval of Resolution Plan Not Reviewable unless Statutory Violations Occur
The CIRP for Jason Dekor commenced on December 19, 2019, and initially, the CoC decided to seek liquidation due to the absence of a viable Resolution Plan. However, after a legal challenge and a ...
cnbctv1813h
RBI files application for insolvency proceedings against Aviom India Housing Finance
On Monday, the RBI superseded the board of Aviom India Housing Finance owing to governance concerns and defaults in meeting ...
RBI files Aviom Housing insolvency petition at Delhi NCLT, appoints 3-member panel to assist administrator
Within days of superseding the board and appointing an administrator, the Reserve Bank of India has filed an insolvency petition against the troubled housing fi ...
Bar & Bench19h
IBC resolution plans involving combinations must be approved by CCI before CoC stage: Supreme Court
The Supreme Court, by a 2:1 majority, has held that Competition Commission of India (CCI) approval for corporate insolvency ...