Search Results for "creditor companies"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Upholds Refusal to Eschew Proof Affidavit in Probate Proceedings. ...
Supreme Court Allows Agriculturists' Appeal for Enhanced Compensation; Condones ...

Search Results for "creditor companies"

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High Court

Bombay High Court Allows Appeal Against Winding Up Order Due to Defective Advertisement Under Rule 99 of Company Court Rules, 1959. Failure to Advertise in Correct Name of Company Violates Mandatory Requirement and Cannot Be Cured by Inherent Powers.

26 Sep 2018

The appeal challenged an order dated 21 June 2018 by which the learned Company Judge allowed Company Petition No. 829 of 2003 filed by SICOM Limited f...

Supreme Court

Supreme Court Allows Appeal in Bond Redemption Dispute, Upholding Defendant's Compliance with RBI Directives. Interest on Delayed Payment Not Payable Due to Regulatory Embargo and Pending Liquidation Proceedings Under Companies Act, 1956.

3 Jan 2022

The dispute arose from a suit filed by M/s. SIBCO Investment Pvt Ltd against Small Industries Development Bank of India seeking interest on alleged be...

Supreme Court

Supreme Court Allows Appeals by State Bank of India in Jet Airways Insolvency Case — Holds Performance Bank Guarantee Cannot Be Adjusted Against Resolution Plan Payment and Non-Implementation Leads to Liquidation. The Court ruled that the SRA's failure to pay airport dues and employee dues constituted non-implementation of the Resolution Plan under Section 33(3) IBC, 2016, and the PBG cannot be set off against the first tranche payment.

13 Nov 2024

The case pertains to the Corporate Insolvency Resolution Process (CIRP) of Jet Airways (India) Limited, initiated by State Bank of India (SBI) under S...

High Court

Bombay High Court Allows Writ Petitions Challenging PMLA Attachment — Section 32A IBC Immunity Overrides Provisional Attachment Order Under PMLA. Resolution Plan Approved for Corporate Debtor Shields Assets from Enforcement Directorate's Attachment.

1 Mar 2024

The judgment concerns two writ petitions: one by individuals (Shiv Charan, Pushpalata Bai, and Bharti Agarwal) challenging a provisional attachment or...

High Court

High Court of Karnataka Dismisses State's Appeal in Revenue Recovery Dispute Against Company in Liquidation. Priority of secured creditor's claim under Section 529A of Companies Act, 1956 upheld over State's statutory dues under Karnataka Land Revenue Act, 1964.

18 Sep 2025

The case involves an appeal by the State of Karnataka and its officers against an order of the Company Judge dated 03.11.1998 in Company Application N...

Supreme Court

Supreme Court Allows Appeals by Government of Odisha and TPG Equity Management in Mining Lease Renewal Dispute — Directs High Powered Committee to Decide on Renewal of Three Mining Leases Within Three Months. The court upheld the direction for formation of a High Powered Committee comprising representatives of the Central Government, Government of Odisha, and Odisha Mineral Development Company Ltd to decide on renewal of three mining leases within three months, after hearing TPG Equity Management Private Ltd.

17 May 2024

The case involves a dispute over the renewal of three mining leases (Kolha-Roida, Thakurani, and Dalki) originally granted to Bird and Company Limited...

Supreme Court

Supreme Court heard cross-appeals from NCLAT order partly reversing NCLT’s finding on trademark ownership during CIRP; cross-appeal challenged NCLT’s jurisdiction to determine title under Section 60(5) IBC.

1 Jan 1970

The dispute originated in the corporate insolvency resolution process of Fort Gloster Industries Limited (corporate debtor), which was admitted into C...

High Court

Bombay High Court Dismisses Writ Petition Challenging Registration of Charge Under Companies Act — Petitioner Company Failed to Discharge Debt and Opposed Registration of Charge by Creditor; Court Held That Registration of Charge Is Not Dependent on Consent of Borrower and That the Remedy of Appeal Under Section 10F of Companies Act Is Available.

5 Mar 2018

The petitioner, Pearl Engineering Polymers Ltd., a company engaged in polyester chips manufacturing, had borrowed funds from respondent No.4 (AFIC) by...

High Court

Bombay High Court Allows Appeal Against Dismissal of Interim Injunction in Share Dispute Case. Court Restrains Transfer of Shares Allegedly Misappropriated Pending Suit, Holding That a Prima Facie Case of Fraud and Breach of Trust Was Made Out.

12 Jun 2014

The appellant, Pushpanjali Tie Up Pvt. Ltd., filed a suit alleging that respondent No.1, Renudevi Choudhary, and respondent No.2, Ekta Choudhary (her ...

High Court

Delhi High Court Allows Arbitration Against Guarantors Despite Moratorium Under Section 96 of IBC — Moratorium Does Not Extend to Co-Guarantors Not Covered by NCLT Orders. The court held that the moratorium under Section 96 is debt-centric and personal to the debtor, and does not bar proceedings against other co-guarantors.

20 Jun 2024

The petitioner, a finance company, granted channel finance facility to Sterling Motor Company (SMC), a proprietorship of Tarun Kapoor. Tarun Kapoor, P...

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