Tag: IBC

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NCLT EMPOWERED TO ADJUDICATE DISPUTES ARISING FROM INSOLVENCY OF CORPORATE DEBTOR: MUMBAI NCLT

Author: Khushi J Prajapati The National Company Law Tribunal, Mumbai held that it is empowered to adjudicate disputes arising from the insolvency of a corporate...

INSISTENCE ON CLEARING PAST DUES CONTRADICTS REHABILITATIVE INTENT OF IBC CALLS FOR JUDICIAL INTERVENTION: DELHI HIGH COURT

The Delhi High Court emphasized that insisting on the clearance of past dues contradicts the rehabilitative intent of the Insolvency and Bankruptcy Code (IBC) The...

Assets To Be Sold To Pay Off Dues, NCLT Orders Liquidation Of Future Retail 

The National Company Law Tribunal, Mumbai, ordered the liquidation of Future Retail while observing that the assets to be sold to pay off dues. The...

SEBI Notifies 1st November 2024 As Effective Date For Implementation Of Insider Trading Rules

The Securities and Exchange Board of India (SEBI)  has notified 1 November 2024 as the effective date for the implementation of insider trading rules. The ...

Fundamental Right Of Citizen To Travel Abroad Can’t Be Curtailed On Failure To Pay Bank Loan: Delhi High Court Quashed Look Out Circular

The Delhi High Court has recently quashed the look out circular issued by the bank against the loan defaulter restricting him to travel abroad. The...

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