Search Results for "Section 60(5) IBC"

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Search Results for "Section 60(5) IBC"

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Tribunals

National Company Law Appellate Tribunal Quashes Non-Reasoned Order of NCLT Hyderabad Dismissing Operational Creditor's Application Under Section 60(5) of Insolvency and Bankruptcy Code, 2016. Appellate Tribunal Holds That Adjudicating Authority Must Record Reasons When Deciding Civil Rights and Non-Speaking Order Is Unsustainable; Matter Remitted for Fresh Adjudication.

25 Apr 2025

The appeal arose from an order dated 07.05.2024 passed by the National Company Law Tribunal, Hyderabad Bench, rejecting an application filed by Kesari...

High Court

High Court of Karnataka Quashes NCLT Order Directing State to Permit Windmill Operations in Insolvency Case. NCLT Exceeded Jurisdiction by Exercising Judicial Review Over Administrative Decision, Following Supreme Court Decision in Embassy Property Developments v. State of Karnataka.

13 Apr 2023

The dispute arose out of insolvency proceedings against M/s Wind World (India) Limited, which held a lease over forest land for operating windmills. T...

Supreme Court

Supreme Court Quashes Insolvency Petition Under IBC Due to Absence of Operational Debt. Claim for Payment Made Under Subcontracting Arrangement Does Not Constitute Operational Debt Under Section 5(21) of Insolvency and Bankruptcy Code, 2016, as It Was Not for Goods or Services Provided by Corporate Debtor to Creditor.

10 Aug 2021

The appeal arose from a dispute under the Insolvency and Bankruptcy Code, 2016, concerning a sugar project in Sudan financed through a Line of Credit ...

High Court

High Court of Karnataka Dismisses/Allows Writ Petitions Challenging Minimum Wages Notification – Not mentioned. Petitioners, including industry associations and companies, challenged notification dated 27.12.2016 issued by the Labour Department on grounds of unconstitutionality and violation of Minimum Wages Act, 1948.

29 Mar 2019

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Tribunals

NCLAT Dismisses ED's Appeal as Time-Barred in IBC Resolution Plan Approval Case — Delay of 62 Days Not Condoned Due to Lack of Sufficient Cause.

30 Nov -0001

The Directorate of Enforcement (ED) filed an appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016 (IBC) challenging an order dated 07.0...

Tribunals

NCLAT Sets Aside Impleadment Order in CIRP Proceedings for Violation of Natural Justice — Corporate Debtor's Director Cannot Be Impleaded Without Notice Under Section 60(5) IBC. The order of impleadment was passed without prior notice to the Appellant, violating principles of natural justice, and was set aside with a remand for fresh consideration.

30 Nov -0001

The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, heard an appeal filed by Inkel Limited, represented by its Managing Director, agai...

Tribunals

NCLAT Dismisses Appeal Against NCLT Order in Company Petition for Oppression and Mismanagement — Maintainability of Appeal Under Section 421 of Companies Act, 2013. The appeal was dismissed as withdrawn with liberty to file a fresh petition before the NCLT, as the appellant failed to demonstrate any error in the impugned order.

30 Nov -0001

The case involves an appeal filed by Mr. Harsha Vardhan Reddy against an order of the National Company Law Tribunal (NCLT) in a company petition alleg...

Tribunals

National Company Law Appellate Tribunal Considers Appeal Against Admission of Coffee Day Enterprises to CIRP Under Section 7 of Insolvency Code. Appeal Raises Questions on the Validity of Debenture Trustee's Action and Limitation Period Based on Debenture Trust Deed Provisions.

1 Jan 1970

The appeal arose from an order of the NCLT Bengaluru Bench admitting Coffee Day Enterprises Limited (the corporate debtor) into Corporate Insolvency R...

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