Search Results for "resolution professional"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
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Search Results for "resolution professional"

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High Court

Madras High Court Allows Revision Petition, Sets Aside Execution of MSME Award Due to Approved Resolution Plan Under IBC. Claims Not Submitted During CIRP Stand Extinguished Under Section 31 of Insolvency and Bankruptcy Code, 2016.

27 Feb 2026

The case involves a civil revision petition filed by M/s. Capricon Food Products Indian Limited (the revision petitioner/judgment debtor) against M/s....

Tribunals

NCLAT Allows Section 95 Application Against Personal Guarantors in IBC Case — Limitation Period for Filing Application Under Section 95 Commences from Date of Default in Demand Notice Under Guarantee Contract, Not from Date of NCLT Order Admitting Corporate Debtor. The court held that the limitation for filing an application under Section 95 of the Insolvency and Bankruptcy Code, 2016 against a personal guarantor runs from the date of default in the demand notice under the guarantee contract, and not from the date of the NCLT order admitting the corporate debtor.

22 Oct 2024

The National Company Law Appellate Tribunal (NCLAT) at Chennai, by a common judgment dated 22.10.2024, allowed two appeals filed by the State Bank of ...

Supreme Court

Supreme Court Allows Appeals in IBC Financial Creditor Classification Case — Security Deposit for Sales Promotion Not a Financial Debt. Held that a security deposit paid under a service agreement for sales promotion does not constitute a financial debt under Section 5(8) of the Insolvency and Bankruptcy Code, 2016, as there is no disbursal for time value of money or commercial effect of borrowing.

25 Apr 2024

The Supreme Court allowed appeals against NCLAT judgments that classified security deposits paid by sales promoters as financial debts under the Insol...

High Court

Bombay High Court Dismisses Resolution Professional's Writ Petition as Abuse of Process in Slum Rehabilitation Dispute. The court held that the Resolution Professional's petition was a complete abuse of the process of the court and dismissed it with costs.

3 Apr 2024

The petitioner, Rajan Garg, acting as the Resolution Professional of Truly Creative Developers Pvt Ltd, filed a writ petition before the Bombay High C...

High Court

Bombay High Court Allows Petition Challenging Corrigendum Modifying Promotion Date for Assistant Professors under Career Advancement Scheme. The Court held that the date of promotion from Assistant Professor to Associate Professor must be the date of eligibility, not the date of selection, as per the original Government Resolution.

5 May 2022

The petitioner, Dr. Sharmila Sandesh Ghuge, an Assistant Professor, challenged a Corrigendum dated 10/05/2019 issued by the Higher and Technical Educa...

Supreme Court

Supreme Court Dismisses Appeal in Insolvency Case Due to Lack of Financial Creditor Status. Interest-Free Term Loan Does Not Qualify as Financial Debt Under Section 5(8) of the Insolvency and Bankruptcy Code, 2016 as It Lacks Consideration for Time Value of Money.

26 Jul 2021

The appeal arose under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) against the dismissal by the National Company Law Appellate Tribun...

Supreme Court

Supreme Court Examines Bona Fides of Insolvency Proceedings by Telecom Service Providers to Avoid AGR Dues. The Court held that no fresh dispute on AGR dues can be raised after final judgment and that spectrum cannot be subject of IBC proceedings.

20 Jul 2020

The Supreme Court was hearing miscellaneous applications in the ongoing litigation concerning the definition of Adjusted Gross Revenue (AGR) and the p...

High Court

Bombay High Court Allows Petitions Challenging Selection of Associate Professors in Agricultural University — Selection Process Vitiated by Illegal Inclusion of Ineligible Candidates and Non-Application of Mind by Selection Committee. The court held that the inclusion of ineligible candidates and non-application of mind by the Selection Committee renders the selection illegal, and directed a fresh selection process.

27 Feb 2020

The judgment pertains to three writ petitions filed by Dr. Amrapali Akhare and others challenging the selection and appointment of respondent nos. 2 t...

High Court

Bombay High Court Partially Allows Petition Challenging Retrospective Pay Revision for Unaided Private Engineering College. Government Resolutions directing retrospective implementation of 5th and 6th Pay Commission recommendations held not binding on unaided private institutions, but prospective implementation required.

7 Sep 2018

The petitioners, D.Y. Patil College of Engineering and its managing trust D.Y. Patil Pratisthan, filed a writ petition before the Bombay High Court ch...

High Court

Bombay High Court Allows Writ Petition Challenging Post-Retirement Re-Fixation of Pay Without Notice. Re-fixation of pay after retirement without affording opportunity of hearing violates principles of natural justice.

10 Dec 2013

The petitioner, Naeem Ahmedkhan s/o Dilawarkhan, a retired government servant, filed a writ petition before the Bombay High Court at Aurangabad challe...

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