Search Results for "liquidation estate"

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Search Results for "liquidation estate"

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High Court

High Court Dismisses Writ Petition Challenging Eviction Order Under Public Premises Act - Petitioners Legal Heirs Fail to Overturn Eviction from Bank-Owned Premises in Pune

26 Feb 2026

The judgment involves a Writ Petition under Article 227 of the Constitution of India filed by the legal representatives of Petitioners, challenging th...

Supreme Court

Supreme Court Allows Appeal in Insolvency Case Under IBC, Holds Prior Consent Under Section 16G of Tea Act Required for Initiation of CIRP Against Tea Gardens Under Central Government Management. The court ruled that the Tea Act, 1953, being a special legislation, requires prior consent of the Central Government for initiating insolvency proceedings under Section 9 of the IBC against a corporate debtor whose tea gardens are under government management.

4 Oct 2019

The case involves a dispute between Duncans Industries Ltd. (the appellant/corporate debtor) and A. J. Agrochem (the respondent/operational creditor) ...

Supreme Court

Supreme Court Upholds NCLAT Order in Insolvency Resolution Plan Approval Under Insolvency and Bankruptcy Code, 2016. Resolution Plan Found Compliant with Section 30(2) and Binding on All Stakeholders Despite Pending Creditor Claim Challenges.

10 Aug 2021

The appeal arose under Section 62 of the Insolvency and Bankruptcy Code, 2016, against a judgment dated 4 January 2021 of the National Company Law App...

High Court

Bombay High Court Dismisses Appeal in Specific Performance Suit — Agreement to Sell Not Proved as Genuine and Enforceable. Court upholds trial court's finding that the plaintiff failed to discharge burden of proving the agreement and readiness and willingness to perform.

30 Nov -0001

The appellant, Merit Magnum Constructions (formerly Vimal Buildings), a partnership firm, filed a suit for specific performance of an agreement to sel...

Supreme Court

Supreme Court Allows Appeals by State Bank of India in Jet Airways Insolvency Case — Holds Performance Bank Guarantee Cannot Be Adjusted Against Resolution Plan Payment and Non-Implementation Leads to Liquidation. The Court ruled that the SRA's failure to pay airport dues and employee dues constituted non-implementation of the Resolution Plan under Section 33(3) IBC, 2016, and the PBG cannot be set off against the first tranche payment.

13 Nov 2024

The case pertains to the Corporate Insolvency Resolution Process (CIRP) of Jet Airways (India) Limited, initiated by State Bank of India (SBI) under S...

High Court

Bombay High Court Dismisses Husband's Divorce Petition and Partially Allows Wife's Maintenance Appeal in Hindu Marriage Dispute. Husband fails to prove desertion for divorce under Section 13(1-A)(ii) of Hindu Marriage Act, 1955; wife granted enhanced maintenance under Section 18 of Hindu Adoptions and Maintenance Act, 1956.

21 Jul 2011

The case involves two cross-appeals arising from a matrimonial dispute between Sanjeev Vyankatesh Ranade (husband) and Meghna Sanjeev Ranade (wife). T...

Tribunals

NCLAT Dismisses Appeal Against Rejection of Section 7 Application for CIRP — Claimants Failed to Prove Debt and Default. The Tribunal held that the Appellants did not establish the existence of a financial debt or default, and the application was barred by limitation.

30 Nov -0001

The present appeal was filed by Vistra ITCL (India) Limited, Pratiti Trading Private Limited, and Gajendra Investment Limited (Appellants) against the...

High Court

Bombay High Court Allows Plaintiff's Motion for Determination of Priority of Claims Against Sale Proceeds of Arrested Vessel in Admiralty Suit. The court directed that the order of priority of claims against the sale proceeds shall be determined after the expiration of a period specified by the court and that a notice inviting claims be published under Sub-rule 951(3) of the Bombay High Court Rules.

19 Oct 2012

The plaintiff, Sparebanken Sogn og Fjordane, a Norwegian bank, filed an admiralty suit against the vessel m.v. BOS ANGLER and its owner Bos Angler AS,...

Tribunals

National Company Law Appellate Tribunal Chenna Hears Appeal Against NCLT's Admission of CIRP Under Section 7 IBC — Challenge on Territorial Jurisdiction. Suspended Director Argues Application Should Have Been Filed in Bangalore Under Section 60(1) IBC as Corporate Debtor's Registered Office is in Bangalore and Exception Under Section 60(2) Not Applicable.

1 Jan 1970

The appeal arises from an order dated 09.10.2023 passed by the Adjudicating Authority (NCLT, Chennai) admitting a petition under Section 7 of the Inso...

Tribunals

NCLAT Allows Appeal Against Exclusion of Personal Guarantors from CoC in CIRP of Corporate Debtor — Re-constitution of Committee of Creditors Set Aside. Personal Guarantors Are Not Members of Committee of Creditors Under Section 21(2) of Insolvency and Bankruptcy Code, 2016.

15 Jul 2024

The National Company Law Appellate Tribunal (NCLAT) heard an appeal against an order of the Adjudicating Authority (NCLT, Chandigarh Bench) dated 01.0...

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