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Bombay High Court Hears Appeal Against Company Law Board Order Dismissing Petition. Court Frames Questions on Applicability of Section 111A and Section 43A of Companies Act, 1956 to Deemed Public Company.

The appeal arose from a company petition filed by the appellants, members of the Kavasmaneck family, before the Company Law Board, Mumbai, alleging op...

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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.

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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NCLAT Upholds Admission of CIRP Against Corporate Debtor Under Section 7 of IBC, 2016 — Asset Reconstruction Company Held to be Financial Creditor and Application Not Barred by Limitation.

The appeal was filed by the suspended director of M/s. Sri Pavana Keerthi Hotels India Private Limited (Corporate Debtor) against the order of the Nat...

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NCLAT Dismisses Appeal Against Rejection of CIRP Petition Due to Settlement Agreement - Mediated Settlement Bars Insolvency Proceedings Under Section 61 of IBC, 2016

The appeal was filed by Mr. Rakesh Kumar Jain, a financial creditor, under Section 61 of the Insolvency and Bankruptcy Code, 2016, against an order da...

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Bombay High Court Dismisses Petition Challenging Compensation for Defective Cotton Seeds — Procedural Lapses Not Fatal When Defect Not Disputed. Compensation Upheld but Interest Reduced from 24% to 12% Under Maharashtra Cotton Seeds Act, 2009 and Rules, 2010.

The petitioner, M/s Bayer Bio Science Private Limited, a seed manufacturing company, challenged an order dated 29 December 2011 passed by the Commissi...

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NCLAT Allows Interim Deposit in CIRP Challenge Based on Pre-Existing Dispute. Appellant permitted to deposit Rs. 1 crore pending final decision, subject to outcome of appeal under Section 9 of Insolvency and Bankruptcy Code, 2016.

The case involves an appeal filed by B. Parvathaiah, erstwhile director of Vivin Drugs & Pharmaceuticals Pvt. Ltd., against an order dated 11.01.2024 ...

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Supreme Court Hears Consolidated Writ Petitions Challenging the Process of Designation of Senior Advocates Under Section 16 of the Advocates Act, 1961. The Issue Concerns Whether the Existing System of Designation is Arbitrary and Violative of Articles 14, 15, and 21 of the Constitution.

Background: The case concerned a writ petition filed by a Senior Advocate challenging the prevailing system of designation of Senior Advocates in the ...

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NCLAT Adjourns Insolvency Appeal Pending Settlement Between Parties in Cotton Corporation Dispute. Interim Orders to Continue Until Next Hearing on 11.08.2025.

This is an interim order in a company appeal under the Insolvency and Bankruptcy Code, 2016, before the National Company Law Appellate Tribunal (NCLAT...

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Bombay High Court Dismisses Petition Seeking Physical Bid Submission in Online Tender Process. Court Holds That Government Resolution Dated 27.09.2018 Mandating Online Submission Does Not Violate Principles of Natural Justice or Arbitrary Exercise of Power.

The petitioner, M/s. AGC-SCCPL JV, a joint venture bidder, filed a writ petition before the Bombay High Court at Aurangabad seeking a direction to the...

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NCLAT Issues Notice in Appeal Against Rejection of Resolution Plan Approved by 100% CoC Vote. The Tribunal stays liquidation pending hearing, noting that the Resolution Professional and CoC also intend to challenge the same order.

The National Company Law Appellate Tribunal (NCLAT) heard an appeal filed by Deepvir Enterprises & Anr. against an order of the Adjudicating Authority...