Supreme Court Restores Appeal, Emphasizes Fair Hearing in Insolvency Case: Jord Engineers vs. Valia and Co. (2022) LEGAL ISSUE: Whether an order passed by the National Company Law Appellate Tribunal (NCLAT) without affording a reasonable opportunity of hearing to a party can be sustained. CASE TYPE: Insolvency Law Case Name: Jord Engineers India Ltd. vs. […]
Supreme Court Orders Fresh Review of Insolvency Application: M/S Wizman Impex vs. Kedrion Biopharma (2022) LEGAL ISSUE: Whether the National Company Law Appellate Tribunal (NCLAT) was correct in admitting additional documents at the appellate stage without providing an opportunity for response to the corporate debtor. CASE TYPE: Insolvency Law Case Name: M/S Wizman Impex Pvt.
Supreme Court Clarifies Operational Creditor Definition under IBC: Consolidated Construction Consortium Ltd. vs. Hitro Energy Solutions Pvt. Ltd. (2022) LEGAL ISSUE: Whether a party that receives goods or services can be considered an operational creditor under the Insolvency and Bankruptcy Code, 2016 (IBC). CASE TYPE: Insolvency Law Case Name: M/s Consolidated Construction Consortium Limited vs.
Supreme Court Upholds Employee’s Claim: N. Subramanian vs. M/S Aruna Hotels Ltd. (2021) LEGAL ISSUE: Whether a claim for arrears of salary is time-barred under the Insolvency and Bankruptcy Code, 2016 (IBC) when there are acknowledgements of liability. CASE TYPE: Insolvency Law Case Name: N. Subramanian vs. M/S Aruna Hotels Ltd. & Anr. [Judgment Date]:
Supreme Court Upholds Employee’s Claim: N. Subramanian vs. M/S Aruna Hotels Ltd. (2021) Read Post »
Supreme Court Allows Trade Unions to File Insolvency Petitions on Behalf of Workers (2019) LEGAL ISSUE: Whether a trade union can be considered an operational creditor under the Insolvency and Bankruptcy Code, 2016. CASE TYPE: Insolvency Law Case Name: JK Jute Mill Mazdoor Morcha vs. Juggilal Kamlapat Jute Mills Company Ltd. Judgment Date: April 30,
