Indian Contract Act, 1872 with Section 126

Supreme Court Clarifies Financial Creditor Status in Insolvency Cases: China Development Bank vs. Doha Bank (2024)

/ Contract of Guarantee, Corporate Insolvency Resolution Process, Indian Contract Act, 1872, Indian Contract Act, 1872 with Section 126, Indian Contract Act, 1872 with Section 127, Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Code, 2016 with Section 14(1), Insolvency and Bankruptcy Code, 2016 with Section 5(8)

Supreme Court Clarifies Financial Creditor Status in Insolvency Cases: China Development Bank vs. Doha Bank (2024) LEGAL ISSUE: Whether entities providing loans to a company, with another entity acting as a guarantor through a Deed of Hypothecation, qualify as ‘Financial Creditors’ under the Insolvency and Bankruptcy Code, 2016 (IBC). CASE TYPE: Insolvency Law Case Name: […]

Supreme Court Clarifies Financial Creditor Status in Insolvency Cases: China Development Bank vs. Doha Bank (2024) Read Post »

Supreme Court clarifies definition of financial creditor under Insolvency and Bankruptcy Code: Phoenix ARC vs. Ketulbhai Patel (2021)

/ Ashok Bhushan, Indian Contract Act, 1872, Indian Contract Act, 1872 with Section 126, Indian Contract Act, 1872 with Section 172, Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Code, 2016 with Section 5(7), Insolvency and Bankruptcy Code, 2016 with Section 5(8), Judges, M.R. Shah, R. Subhash Reddy

Supreme Court Clarifies Financial Creditor Status in Pledge Agreements: Phoenix ARC vs. Ketulbhai Patel (2021) LEGAL ISSUE: Whether a party holding a pledge of shares as security qualifies as a financial creditor under the Insolvency and Bankruptcy Code, 2016. CASE TYPE: Insolvency Law Case Name: Phoenix ARC Pvt. Ltd. vs. Ketulbhai Ramubhai Patel [Judgment Date]:

Supreme Court clarifies definition of financial creditor under Insolvency and Bankruptcy Code: Phoenix ARC vs. Ketulbhai Patel (2021) Read Post »

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