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

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Supreme Court

Supreme Court Dismisses Bank's Appeal in Insolvency Case — Holds Dispute Predominantly Contractual, Not a Straightforward Financial Debt Default Under IBC. The Court ruled that where loan disbursement is made directly to a builder under a quadripartite agreement and the corporate debtor's obligations are intertwined with the builder's performance, the transaction does not constitute a simple financial debt under Section 7 of the Insolvency and Bankruptcy Code, 2016.

7 May 2026

The Supreme Court dismissed the appeal filed by Dhanlaxmi Bank Limited against the order of the National Company Law Appellate Tribunal (NCLAT) which ...

Supreme Court

Supreme Court Reverses NCLAT Decision on Corporate Insolvency Resolution Process Due to Pre-existing Dispute. The Court found that communications and actions by the corporate debtor prior to the demand notice under Section 8 of the Insolvency and Bankruptcy Code, 2016, indicated a genuine dispute requiring detailed investigation, barring admission under Section 9.

9 Apr 2026

The dispute arose from a corporate insolvency resolution process initiated by Respondent, the operational creditor, against Appellant, the corporate d...

High Court

High Court of Karnataka Allows Appeal Against Injunction Restraining Bank from Enforcing Corporate Guarantee. The court set aside the injunction as the guarantee deed was unconditional and the bank had a prima facie case under Order 39 Rules 1 and 2 of CPC, enabling it to proceed under SARFAESI Act and IBC.

17 Feb 2026

The appeal arose from an order dated 25.07.2024 passed by the LXXXV Additional City Civil and Sessions Judge, Bengaluru (Commercial Court) in I.A. No....

Tribunals

NCLAT Dismisses Resolution Applicant's Appeals Challenging Rejection of Plan in CIRP of Jabalpur MSW Pvt. Ltd. — No Merit Found in Allegations of Non-Communication or Procedural Irregularity.

28 Mar 2025

The case involves two appeals filed by Sagar Stone Industries, the Resolution Applicant, challenging an order dated 21.02.2025 passed by the Adjudicat...

Tribunals

NCLAT Dismisses Appeal by Suspended Director Against Admission of Section 7 Application by State Bank of India Against Corporate Debtor. The appeal was dismissed as the appellant lacked standing to challenge the assignment of debt from SBI to NARCL, and the Section 7 application was maintainable based on the debt assigned.

23 Sep 2024

The appeal was filed by Nakul Bharana, a suspended director of Bareilly Highways Project Limited (corporate debtor), challenging the order dated 23.09...

High Court

Bombay High Court Rules in Admiralty Jurisdiction Case: Cockette Marine Oil vs. OSV Beas Dolphin. Court Rejects Summary Judgment Amidst Insolvency Proceedings, Highlights Impact of IBC Moratorium on Maritime Claims.

23 Aug 2024

The Bombay High Court, under the Admiralty jurisdiction, considered an application for summary judgment filed by Cockette Marine Oil DMCC against OSV ...

Supreme Court

Supreme Court Allows Appeals Against Bombay High Court Order Setting Aside Interim Compensation Under Section 143-A NI Act. Signatory of Cheque Authorized by Company is 'Drawer' Liable for Interim Compensation Under Section 143-A of Negotiable Instruments Act, 1881.

24 Jul 2024

The appellant company entered into agreements with Cane Agro Energy (India) Ltd. (Cane) and made advance payments of Rs.63,46,00,000/- for supply of s...

Tribunals

NCLAT Stays CIRP Against Corporate Debtor in Homebuyer Insolvency Case — RERA Order Not Considered by NCLT. The NCLAT admitted the appeal on the ground that the Adjudicating Authority failed to consider the RERA order dated 30.06.2023 under Section 8 of the RERA Act while admitting the Section 7 application under the IBC.

3 May 2024

This is an appeal before the National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, filed by Vinod Kumar Jha, a director (with p...

High Court

High Court of Karnataka Quashes SARFAESI Proceedings Against Company Under CIRP — Resolution Professional Entitled to Possession of Assets. Held that Section 14 of IBC overrides SARFAESI Act and other laws, and the moratorium under IBC bars any proceedings against the corporate debtor's assets.

24 May 2021

The petitioner, M/s. Dreams Infra India Pvt. Ltd., represented by its Resolution Professional Sri Ashok Kriplani appointed by the National Company Law...

Tribunals

NCLAT Allows Appeal Against Dismissal of Section 7 IBC Application by Financial Creditor. Loan Agreement and Default Established Through Signed Documents and Acknowledgment of Debt.

30 Nov -0001

The present appeal was filed by Desana Impex Limited (Appellant), a Non-Banking Financial Corporation (NBFC) registered under the Companies Act, 2013 ...

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