Year: 2021

Landmark Judgements

Chennai bench of NCLAT to start working in virtual mode from 25 Jan 2021

The Chennai Bench of NCLAT (National Company Law Appellate Tribunal) will start functioning from 25 January 2021 through virtual mode....

Edelweiss ARC

‘Incomplete’ financial statements no reason for rejection of insolvency application: NCLAT

The insolvency law does not empower the National Company Law Tribunal (NCLT) to reject an insolvency petition on the ground...

Maharashtra Real Estate projects

Virar MLA-owned real estate firm under ED net in HDIL bank fraud case

In the Housing Development Infrastructures Ltd (HDIL) bank fraud case, the Enforcement Directorate (ED) today conducted searches in five premises...

Pashupati Dairies

Kwality Ltd goes for liquidation after CoC rejected Haldiram Snacks bid

Kwality Ltd, the Delhi-based dairy company, has been ordered to be liquidated after the insolvency proceeding failed to yield any...

Landmark Judgements

New bankruptcy law of Brazil is a risk to corporate recoveries: Fitch Ratings

The new bankruptcy law of Brazil could lower recovery prospects for the debt of speculative-grade Latin American corporates and incentivise...

CA Final

How you should prepare for Graduate Insolvency Programme entrance test

So how do aspiring candidates prepare for the Graduate Insolvency Programme Common Entrance Test (GIPCET), which is scheduled to be...

Varanasi Auto Sales Ltd

Registrar cannot determine NCLT jurisdiction: Delhi High Court

The question as to whether the National Company Law Tribunal (NCLT) has jurisdiction to entertain a particular case or not...

Police file FIRs against resolution professional

Resolution professional seeks ‘immunity’ after FIRs by Bhatia Coke and Energy promoters

The Chennai bench of NCLT has ordered the Madhya Pradesh and Tamil Nadu police to not take action on FIRs...

Maharashtra Real Estate projects

SC upholds minimum homebuyers threshold for filing insolvency petition against real estate projects

Homebuyers have lost an important legal battle against the imposition of threshold of a minimum number of allottees for initiation...

The Pioneer faces insolvency threat

Chandan Mitra-owned newspaper The Pioneer faces insolvency threat

CMYK Printech Limited, the company that brings out one of the oldest running English newspaper -- The Pioneer, is facing...