SC quashes NCLAT decision on CIRP proceedings when legitimate disputes exist
The Supreme Court, in Kay Bouvet Engineering v Overseas Infrastructure Alliance, has held that an adjudicating authority must reject an...
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- May 31, 2021
The NCLAT has held that the IBC will overide the SARFAESI Act
The National Company Law Appellate Tribunal (NCLAT), New Delhi, has held in Indian Overseas Bank v. RCM Infrastructure Ltd. and Ors. that...
- May 22, 2021
SC upholds notification allowing banks to proceed against personal guarantors under the IBC
The Supreme Court of India has upheld the validity of a November 2019 notification by the Central Government, permitting creditors to...
- Apr 5, 2021
The Ministry of Corporate Affairs has introduced additional disclosures and regulatory actions
The Ministry of Corporate Affairs has introduced additional disclosure requirements and regulatory actions related to companies through...
- Apr 2, 2021
MCA Update: Supreme Court
The Supreme Court has held that minority shareholders are not automatically entitled to a seat on a private company ’ s board In Tata...
- Mar 9, 2021
NCLT has jurisdiction to adjudicate contractual disputes arising from insolvency of corporate debtor
The Supreme Court has held that the National Company Law Tribunal has jurisdiction to adjudicate contractual disputes, which arise solely...
- Mar 1, 2021
IBC Update
Parallel proceedings cannot proceed under Section 138 of the Negotiable Instruments Act if order of moratorium passed under IBC The...