NCLT allows new management to complete statutory compliances prior to resolution
The Mumbai bench of the National Company Law Tribunal (NCLT) has in an important judgement allowed the successful resolution applicant...
Month: May 2021
Is IBC losing its sting? Recovery rate drops to 39%
Is the Insolvency and Bankruptcy Code (IBC) losing its sting? After the recent controversies on giving backdoor entry to ‘unscrupulous’...
Appellate tribunal questions NCLT’s hurry in forcing CoC to consider DHFL promoter’s settlement offer
While staying the NCLT’s 19th May order asking the administrator and the Committee of Creditors (CoC) in the Dewan Housing...