Debenture trust Deed

Section 7 IBC admission
Case BriefsSupreme Court

Unapproved restructuring of loan facility not in compliance with the Debenture Trust Deed cannot defeat the admission of Section 7 IBC application once financial debt and default are established.

National Company Law Appellate Tribunal
Case BriefsTribunals/Commissions/Regulatory Bodies

“Any dispute even pending in the arbitration does not in any manner prohibit the financial creditor to take remedy under Section 7 IBC.”

Case BriefsHigh Courts

Bombay High Court: K.K. Tated, J., granted ad interim relief to Rural Fairprice Wholesale Ltd. from selling the pledged equity shares as the