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The Importance of a Succession Certificate in Share Transmission
Introduction In a landmark ruling by the National Company Law Appellate Tribunal (NCLAT) Chennai, it was held that shares cannot be transmitted without obtaining a Succession Certi
Claims Filed Long After CoC Approval: The NCLAT’s Approach to Late Claims During CIRP in the D.S. Kulkarni Proceedings
A resolution plan is priced on the claims placed before the committee of creditors (“CoC”). Late claims in CIRP, particularly those raised long after the CoC has approv
Withdrawal of Resolution Plan & Performance Security Forfeiture in India’s Corporate Insolvency Resolution Process
Examining the Implications of Transferring Shareholding of Successful Resolution Applicant Introduction The corporate insolvency resolution process under the Insolvency and Bankrup
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
Is a Profit-Sharing Investment a Financial Debt under the IBC? Joint Ventures, Section 5(8) and the Realpro Realty Decision
Two parties pool money to develop a property. One puts in seventy-five per cent, the other twenty-five. They share costs, profits and losses in the same ratio. The document calls t
Inter-Corporate Deposits as Financial Debt: NCLAT Position
An In-depth Analysis of the Case: Ansal Housing Ltd. vs. Samyak Projects Pvt. Ltd. Introduction The relationship between corporate entities often involves financial arrangements th
