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NCLAT on Oppression and Mismanagement: Only Existing Members Have the Right to Seek Relief
Introduction: Understanding Member Rights in Corporate Governance The recent pronouncement by the National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has brought renewe
Post-Notice Disputes as Pre-Existing Disputes Under IBC: A Legal Analysis
Introduction The Insolvency and Bankruptcy Code, 2016 (IBC), provides a structured mechanism for resolving insolvency disputes, particularly through the Corporate Insolvency Resolu
Impacts of Recent Amendments in the Companies Act on Corporate Governance
Introduction Corporate governance forms the backbone of any company’s functioning, ensuring accountability, transparency, and ethical management practices. Over the years, the
Claims After Resolution Plan is Approved by CoC Should Not Be Accepted
Introduction In a recent decision, the National Company Law Appellate Tribunal (NCLAT) emphasized that claims made after the approval of a Resolution Plan by the Committee of Credi
Dream11’s Parent Company Insolvency Plea: NCLAT Reserves Judgment
Introduction The National Company Law Appellate Tribunal (NCLAT) has kept its judgment pending regarding a plea filed by Bhavit Sheth, the co-founder and COO of Dream11, challengin
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
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.,
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
