Entitlement of Dissenting Financial Creditors under IBC
by Vikas Mehta†
Financial Creditors
2022 SCC Vol. 10 Part 4
Civil Procedure Code, 1908 — Or. 12 R. 6 — Grant of relief on the basis of admission — When
IBC’s Section 53 does not over-ride Section 48 of GVAT Act; Adjudicating Authority may reject Resolution Plan if it ignores statutory dues payable to State/Legal authority: SC
Supreme Court: The bench of Indira Banerjee* and AS Bopanna, JJ has reversed the NCLAT order wherein it was held that the
NCLT rejects withdrawal application under S. 12-A IBC where corporate debtor entered into settlement only with a fraction of creditors: CIRP against Rolta India Ltd. will continue
National Company Law Tribunal, NCLT Mumbai: Coram of Suchitra Kanuparthi, Judicial Member and Chandra Bhan Singh, Technical Member, observed that, “…a Judicial
Weighing the effect and need of the ‘minimum threshold’ on the home-buyers
by Pareekshit Bishnoi & Parveen Kumar Aggarwal*
Big relief for homebuyers as SC upholds the validity of the 2018 Amendments to IBC
Supreme Court: The 3-judge bench of RF Nariman, Sanjiv Khanna and Surya Kant, JJ has held the Amendment Act to Insolvency and
NCLAT | Jet Airways -— NCLT order declaring insolvency proceedings in Netherlands as not maintainable stayed
National Company Law Appellate Tribunal (NCLAT), New Delhi: The 3-Judge Member Bench comprising of Justice S.J. Mukhopadhaya (Chairperson) and Justice A.I.S Cheema
SC| Insolvency and Bankruptcy Code upheld in entirety; a ‘paradise lost’ for defaulters [Full Report]
Supreme Court: The bench of RF Nariman and Navin Sinha, JJ has, in a landmark verdict, upheld the validity of the Insolvency
Binani Industries cannot now repay dues and settle; UltraTech Cement’s revised resolution plan for Binani Cement accepted: NCLAT
National Company Law Appellate Tribunal (NCLAT): A Two-Member bench comprising of S.J. Mukhopadhya (Chairperson) and Bansi Lal Bhat, Member (Judicial) disposed of