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Go First’s Insolvency Journey: A Comprehensive Analysis
Introduction Go First, formerly known as GoAir, has found itself embroiled in a protracted insolvency resolution process, overseen by the National Company Law Tribunal (NCLT). This
Time Value of Money: Expanding the Horizon of Financial Debt with the NCLAT’s Verdict
Introduction In a landmark judgment delivered on 02.04.2024, the NCLAT provided crucial insights into the interpretation of financial debt under the Insolvency and Bankruptcy Code
Avoidance Transactions under IBC: Ensuring Accountability through the NCLT’s Directive
Introduction The NCLT Ahmedabad Bench’s judgment in *Mr. Shalabh Kumar Daga RP of Silver Proteins Pvt. Ltd. Vs. Mr. Himanshu J Domadia and Ors.* dated 11 March 2024, illumina
Interest Claims in IBC: Navigating A Closer Look at Siddharth Enterprises Vs. Shapoorji Pallonji
Introduction: Scrutinizing Interest Claims in IBC The NCLT Mumbai Bench’s decision in *Siddharth Enterprises Vs. Shapoorji Pallonji and Company Pvt. Ltd.*, dated 12 March 202
Cash Payments to Operational Creditors: Ensuring Fairness in Resolution – The NCLAT’s Stance
Introduction The NCLAT’s judgment dated 01.04.2024 in the case of *Gupta Textiles Vs. Darshan Patel and Ors.* presents a pivotal moment in the interpretation of the Insolvenc
Financial Debt Under IBC: Navigating Interest-Free Loans Terrain with Insights from the Supreme Court
In a landmark decision, the Supreme Court of India, in the case of *M/s Orator Marketing Pvt. Ltd. vs. M/s Samtex Desinz Pvt. Ltd.*, delves into the intricacies of financial debt u
Commercial Wisdom of Committee of Creditors: Navigating Homebuyer Dissatisfaction in Insolvency Resolutions – Insights from NCLAT
The National Company Law Appellate Tribunal (NCLAT), New Delhi, recently delivered a significant judgment in the case involving Mr. Girish Nalavade against Bhrugesh Amin and Ors.,
Related Party Transactions Dynamics: Key Insights from NCLAT’s Landmark Ruling in Manav Investments vs. Pratim Bayal
Related Party Transactions Dynamics: Key Insights from NCLAT’s Landmark Ruling in Manav Investments vs. Pratim Bayal Keywords: IBC, Related party, Committee of Creditors, Ban
Decisions of Committee of Creditors to Liquidate under IBC: A NCLAT Judgment Analysis
Understanding the Role of Single Operational Creditor in CoC Under IBC and the Requirement of Reasoning for Liquidation The Insolvency and Bankruptcy Code, 2016 has fundamentally t
Financial Debt and Joint Venture Investments: A Comprehensive Legal Analysis Under the Insolvency and Bankruptcy Code
Introduction The Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as “the Code”) represents a watershed moment in India’s commercial jurisprudence, f
