Search Results for "Abeyance Memorandum"

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Supreme Court Dismisses Appeal by Erstwhile Directors in First Insolvency Case, Holding IBC Overrides State Moratorium. Corporate Debtor's Belated Defence of Non-Disbursal Under Master Restructuring Agreement Rejected as After-Thought.

The case arose from the first application under the newly enacted Insolvency and Bankruptcy Code, 2016. The appellant, a multi-product company, faced ...

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High Court of Bombay Dismisses Insolvency Petition Against Debtor for Non-Compliance with Notice of Motion Requirement Under Presidency Towns Insolvency Act, 1909 — Petition Filed Within Three Months of Act of Insolvency but Notice of Motion Not Disposed of Before Petition Filing.

The Petitioning Creditor, M/s Sanskar Gem Pvt. Ltd., filed an insolvency petition under the Presidency Towns Insolvency Act, 1909, seeking an order of...

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Bombay High Court Dismisses Appeal Seeking Permanent Stay of Winding Up of Svadeshi Mills Company Limited. Section 466 of Companies Act, 1956 does not permit stay of winding up after assets have been sold and substantial progress made in liquidation.

The case concerns an appeal against the dismissal of a company application under Section 466 of the Companies Act, 1956, seeking a permanent stay of t...

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High Court Grants Interim Relief to Advertisement Agency in Arbitration Dispute Over Hoarding Construction Agreement. The court found a prima facie case and balance of convenience in favor of the petitioner under Section 9 of the Arbitration and Conciliation Act, 1996.

The petitioner, Adtrack Media LLP, an advertisement agency, filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking in...

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Supreme Court Appoints Sole Arbitrator in University Software Contract Dispute. Parties jointly request retired judge as arbitrator; Court appoints subject to Section 12 declarations and Fourth Schedule fees.

The petitioner, Nirmal Software Services Pvt. Ltd., entered into a Memorandum of Understanding (MoU) with Dr. Babasaheb Ambedkar Marathwada University...