Committee of Creditors (CoC)

Supreme Court Stays Project-Wise Insolvency Resolution: Indiabulls vs. Ram Kishore (2023)

/ Committee of Creditors (CoC), Corporate Insolvency Resolution Process (CIRP), Dinesh Maheshwari, Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Code, 2016 with Section 7, Judges, Sanjay Kumar

Supreme Court Stays Project-Wise Insolvency Resolution: Indiabulls vs. Ram Kishore (2023) LEGAL ISSUE: Whether the National Company Law Appellate Tribunal (NCLAT) can order a project-wise insolvency resolution process under the Insolvency and Bankruptcy Code, 2016 (IBC). CASE TYPE: Insolvency Law Case Name: Indiabulls Asset Reconstruction Company Limited vs. Ram Kishore Arora & Ors. [Judgment Date]: […]

Supreme Court Stays Project-Wise Insolvency Resolution: Indiabulls vs. Ram Kishore (2023) Read Post »

Supreme Court Allows Withdrawal of CIRP Before CoC Formation: Abhishek Singh vs. Huhtamaki PPL Ltd. (28 March 2023)

/ B.R. Gavai, Committee of Creditors (CoC), Corporate Insolvency Resolution Process (CIRP), Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Code, 2016 with Section 12A, Judges, National Company Law Tribunal Rules, 2016, National Company Law Tribunal Rules, 2016 with Rule 11, Vikram Nath

Supreme Court Allows Withdrawal of CIRP Before CoC Formation: Abhishek Singh vs. Huhtamaki PPL Ltd. (2023) Date of the Judgment: 28 March 2023 Citation: 2023 INSC 308 Judges: B.R. Gavai, J., Vikram Nath, J. Can a company undergoing the Corporate Insolvency Resolution Process (CIRP) withdraw the process if it settles with the operational creditor before

Supreme Court Allows Withdrawal of CIRP Before CoC Formation: Abhishek Singh vs. Huhtamaki PPL Ltd. (28 March 2023) Read Post »

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