Supreme Court clarifies the treatment of claims in Information Memorandum under IBC: NTPC Ltd. vs. Rajiv Chakraborty (2020)

/ A.M. Khanwilkar, B.R. Gavai, Hrishikesh Roy, Information Memorandum, Insolvency and Bankruptcy Code, 2016, Judges, Operational Creditors, Resolution Professional

NTPC Ltd. vs. Rajiv Chakraborty: Supreme Court Clarifies Treatment of Claims in Information Memorandum LEGAL ISSUE: Whether a claim pending adjudication can be classified as an ‘Operational Creditor’ claim in the Information Memorandum under the Insolvency and Bankruptcy Code. CASE TYPE: Insolvency Law Case Name: NTPC Ltd. (Simhadri Project) vs. Rajiv Chakraborty Judgment Date: 16 […]

Supreme Court clarifies the treatment of claims in Information Memorandum under IBC: NTPC Ltd. vs. Rajiv Chakraborty (2020) Read Post »