Search Results for "Corporate Insolvency Resolution Process"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
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Search Results for "Corporate Insolvency Resolution Process"

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Supreme Court

Supreme Court Dismisses Appeal in IBC Section 7 Case — Procedural Defect of Affidavit Date Not Fatal. The Court held that a discrepancy between the date of verification and the date of affidavit in a Section 7 application under the Insolvency and Bankruptcy Code, 2016 is a curable defect and does not warrant rejection at the threshold.

24 Nov 2025

The case involves an appeal by Appellant (the corporate debtor) against Respondent (the financial creditor) concerning the rejection of the bank's app...

High Court

Bombay High Court Dismisses Writ Petition Challenging SARFAESI Auction Sale Due to Alternative Remedy and Suppression of Facts. Petitioner, a Director and Shareholder of Mortgagor Company, Failed to Disclose Rejection of OTS and Auction Sale, Leading to Dismissal with Costs.

17 Oct 2025

The petitioner, Ms. Archana Wani, a director and shareholder of respondent No. 5 (N. Kumar Housing and Infrastructures), filed a writ petition under A...

Tribunals

NCLAT Dismisses Appeal by Personal Guarantor Against Withdrawal of Insolvency Petition by State Bank of India — Principles of Dominus Litis and Right to Withdraw Under Section 95 of IBC, 2016 Upheld. The Personal Guarantor has no locus standi to object to the withdrawal of a Section 95 petition by the Financial Creditor before admission.

25 Apr 2025

The case involves an appeal filed by S. Srinivasan, a Personal Guarantor of M/s. Sri Venkatram Spinners Pvt. Ltd., against an order of the National Co...

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...

High Court

Bombay High Court Dismisses Petitions Challenging SARFAESI Act Applicability to Cooperative Banks and Arbitration Awards. Multi-State Cooperative Bank held to be a 'bank' under SARFAESI Act, and arbitration under Multi-State Cooperative Societies Act does not bar subsequent SARFAESI proceedings.

11 Jan 2024

The judgment concerns three writ petitions filed by borrowers challenging actions taken by Abhyudaya Co-operative Bank Ltd. and Piramal Capital and Ho...

Supreme Court

Supreme Court Allows Appeal in IBC Limitation Dispute — Time for Filing Appeal Runs from Date of Uploading of Order, Not from Date of Pronouncement. NCLAT Erred in Computing Limitation from Date of Pronouncement Without Considering Date of Uploading Under Section 61(2) of Insolvency and Bankruptcy Code, 2016.

1 May 2023

The appeal arises under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) from a judgment dated 9 January 2023 of the National Company Law ...

Supreme Court

Supreme Court Quashes Criminal Proceedings Against Corporate Debtor in NI Act Case Due to IBC Moratorium. Proceedings Under Section 138 of Negotiable Instruments Act, 1881 Are Barred by Moratorium Under Section 14(1)(a) of Insolvency and Bankruptcy Code, 2016 When Complaint Is Filed Only Against Corporate Entity Without Natural Persons as Accused.

18 Nov 2021

The appeal arose from a challenge to the High Court's refusal to quash proceedings under Section 138 of the Negotiable Instruments Act, 1881 initiated...

Supreme Court

Supreme Court Upholds NGT Order Quashing Environmental Clearance for Peripheral Ring Road Due to Stale EIA Data. Primary Data Collected Over Three Years Before Submission Invalidates Clearance Under EIA Notification 2006.

17 Mar 2020

The appeal arose from a judgment of the National Green Tribunal (NGT) dated 8 February 2019 quashing the Environmental Clearance (EC) granted to the B...

Tribunals

NCLAT Allows Liquidator's Appeal in Insolvency Case, Directs NLC India to Pay Rs. 40.98 Crores for Unpaid Dues. The Tribunal held that the Liquidator is entitled to recover amounts due under contracts executed before liquidation, including substation maintenance charges, retention amount, and unpaid invoices, as the claims arose prior to the liquidation commencement date.

30 Nov -0001

The Appellant, Mr. Amier Hamsa Ali Abbas Rawther, is the Liquidator of LSML Private Limited (Corporate Debtor). He filed an application (IA(IBC)/1618/...

Tribunals

NCLAT Allows Appeal of Operational Creditor in IBC Liquidation Case — Reinstates Claim for Unpaid Invoices Despite Delay in Filing. The Tribunal held that the Adjudicating Authority erred in rejecting the claim solely on the ground of delay without considering the merits of the claim and the provisions of the Insolvency and Bankruptcy Code, 2016.

30 Nov -0001

The appeal was filed by M/s. FLSmidth Private Limited, an Operational Creditor, against the order of the National Company Law Tribunal (NCLT), Hyderab...

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