Insolvency Law

Supreme Court settles limitation for IBC applications: Gaurav Hargovindbhai Dave vs. Asset Reconstruction Company (2019)

/ Insolvency and Bankruptcy Code, 2016, Insolvency Law, Insolvency Law with Section 7, Judges, Limitation Act, 1963, Limitation Act, 1963 with Article 137, Limitation Act, 1963 with Article 62, R. Subhash Reddy, R.F. Nariman, Surya Kant

Supreme Court Clarifies Limitation for IBC Applications: Gaurav Dave vs. Asset Reconstruction Company (2019) LEGAL ISSUE: Applicability of the Limitation Act to applications under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). CASE TYPE: Insolvency Law Case Name: Gaurav Hargovindbhai Dave vs. Asset Reconstruction Company (India) Ltd. [Judgment Date]: 18 September 2019 Date […]

Supreme Court settles limitation for IBC applications: Gaurav Hargovindbhai Dave vs. Asset Reconstruction Company (2019) Read Post »

Supreme Court clarifies the time limit for rectifying defects in insolvency applications: M/S. Surendra Trading Company vs. M/S. Juggilal Kamlapat Jute Mills Company Limited and Others (2017) INSC 758 (19 September 2017)

/ A.K. Sikri, Ashok Bhushan, Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Code, 2016 with Section 252, Insolvency and Bankruptcy Code, 2016 with Section 9, Insolvency Resolution Process, Judges, SICA Proceedings, Sick Industrial Companies (Special Provisions) Act, 1985

Can an application for corporate insolvency be rejected if defects are not rectified within seven days? The Supreme Court of India addressed this question, clarifying the nature of the seven-day time limit for rectifying defects in applications filed by operational creditors under the Insolvency and Bankruptcy Code, 2016. This judgment has significant implications for the

Supreme Court clarifies the time limit for rectifying defects in insolvency applications: M/S. Surendra Trading Company vs. M/S. Juggilal Kamlapat Jute Mills Company Limited and Others (2017) INSC 758 (19 September 2017) Read Post »

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