Search Results for "Corporate Insolvency Resolution Process"

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Supreme Court Allows Homebuyers' Appeal Against NCDRC Order Adjourning Consumer Complaint Sine Die; Moratorium Under Section 14 IBC Does Not Extend to Non-Corporate Debtor Respondents. Proceedings Against Directors, Promoters, and Landowners Can Continue Independently During CIRP of Developer.

The dispute arose from a consumer complaint filed by homebuyers (appellants) against Mantri Technology Constellations Pvt. Ltd. (Respondent No. 1) and...

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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.

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

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NCLAT Dismisses Appeal of Operational Creditor Seeking Performance Pay Under IBC — Claim for Performance Pay Not an 'Operational Debt' Under Section 5(21) of IBC, 2016 as It Is Discretionary and Not Based on Provision of Goods or Services.

The appeal was filed by M. Ramakanth, an operational creditor, against the order of the National Company Law Tribunal, Hyderabad, which dismissed his ...