Search Results for "insolvency appeal"

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Search Results for "insolvency appeal"

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Supreme Court

Supreme Court Quashes FIR Against Company in Contract Dispute Under Section 482 CrPC Due to Absence of Prima Facie Offence. Allegations of Suppression of Restrictive Covenant in Sub-Contract Merely Constitute Civil Breach, Not Criminal Offences Under Sections 406, 420, 467, 468, 471 read with Section 34 IPC, as Complaint Essentially Seeks Recovery of Dues.

28 Apr 2025

The Supreme Court heard an appeal against a High Court judgment that refused to quash an FIR registered against a company and its officers under Secti...

Tribunals

NCLAT Stays Admission of Section 9 Petition Due to Pre-Existing Dispute. Adjudicating Authority's Own Findings of Genuine Dispute Contradict Admission Order Under Section 9 of Insolvency and Bankruptcy Code, 2016.

28 Mar 2025

The National Company Law Appellate Tribunal (NCLAT) was hearing an appeal against an order dated 24.03.2025 passed by the Adjudicating Authority (NCLT...

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 Stays Impugned Order in Insolvency Appeal Subject to Deposit of Outstanding Amount by Appellant. The Tribunal directed deposit of Rs.2,95,68,940/- under Section 9 of IBC, 2016, and encouraged settlement.

3 May 2024

The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, passed an interim order in an appeal filed by Naresh Kumar Agarwal, t...

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...

Supreme Court

Supreme Court Allows Appeals in Specific Performance Suit — Agreement to Sell BDA Allotted Site Within Prohibited Period Held Unlawful. Court sets aside decree for specific performance as the agreement violated Rule 18(2) of the Bangalore Development Authority (Allotment of Sites) Rules, 1972, which prohibited alienation for ten years.

18 Jan 2022

The case involves a suit for specific performance of an agreement to sell a site allotted by the Bangalore Development Authority (BDA). The first defe...

Supreme Court

Supreme Court Dismisses Appeals Against Enforcement of Foreign Arbitral Awards Under Part II of Arbitration and Conciliation Act, 1996 — Holds That Objections to Enforceability Must Be Raised Under Section 48 and That Pendency of Civil Suit Does Not Bar Execution.

20 Feb 2019

The case involves two special leave petitions filed by LMJ International Ltd. and Sri Munisuvrata Agri International Ltd. against Sleepwell Industries...

High Court

Bombay High Court Allows SICOM's Petitions Under Section 31(1)(aa) of SFC Act for Recovery of Term Loan Defaults. Financial Corporation Entitled to Enforcement of Security Interest Without Prior Adjudication of Liability.

25 Apr 2005

The petitioner, SICOM Limited, a deemed State Financial Corporation under Section 46 of the State Financial Corporation Act, 1951, filed a group of pe...

Tribunals

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.

30 Nov -0001

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

Tribunals

NCLAT Dismisses Appeal Against Rejection of Section 9 Application Due to Pre-existing Dispute and Limitation. Operational Creditor's claim for work done under contract held to be time-barred and disputed, warranting dismissal under Section 9 of Insolvency and Bankruptcy Code, 2016.

30 Nov -0001

The appeal arises from the dismissal of a Section 9 application under the Insolvency and Bankruptcy Code, 2016 (IBC) by the National Company Law Tribu...

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