{"id":299793,"date":"2023-08-22T10:00:46","date_gmt":"2023-08-22T04:30:46","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=299793"},"modified":"2023-08-29T17:24:37","modified_gmt":"2023-08-29T11:54:37","slug":"nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/","title":{"rendered":"[Go Airlines] NCLAT allows inspection of leased Aircraft Engines"},"content":{"rendered":"
\n

National Company Law Appellate Tribunal, New Delhi:<\/span> In a case related to the initiation of Corporate Insolvency Resolution Process (CIRP) against Go Airlines (India) Ltd. (Corporate Debtor), a Division bench comprising of Ashok Bhushan, J., and Barun Mitra (Technical Member), ordered that the inspection of the aircraft engines be permitted within 10 days from the date of the order. The Court clarified that the observations made by the Adjudicating Authority in its order were at a prima facie stage and should not be treated as a final expression of opinion.<\/p>\n

Brief Facts<\/p>\n

The instant matter involves an appeal filed by the appellant (Engine Lease Finance B.V.), a lessor of aircraft engines, against an order dated 26-07-2023, issued by the Adjudicating Authority. The Appellant filed an application seeking interim prayer to “direct the Corporate Debtor to pass urgent interim directions and grant necessary permissions to allow the Applicant to depute an agency or an inspector to conduct inspection of the Four Engines.”<\/p>\n

The Adjudicating Authority, vide order dated 26-07-2023, considered the interim prayer and denied it. The Adjudicating Authority’s reasoning was that the Resolution Professional (RP), under Section 25 of the IBC, has a duty to maintain the assets at the highest level of efficiency and safety. The Authority also noted that inspection is not an end in itself but should lead to curative or remedial actions. It was further stated that allowing inspection would impede the effective discharge of the RP’s duties, which include protecting and maintaining the assets as required for the Corporate Debtor’s viability.<\/p>\n

Contentions<\/p>\n

The appellant contended that the RP had sent a letter on 05-06-2023, acknowledging the request for inspection and indicating that an opportunity for inspection would be provided after addressing logistical issues. The appellant claimed that the Delhi High Court vide order dated 05-07-2023 directed the DGCA and Airport Authorities to permit inspection of parked aircrafts within three days.<\/p>\n

Moot Point<\/p>\n

Whether the appellant be granted permission to inspect the aircraft engines, which were leased to the Corporate Debtor, Go Airlines, and were currently under the control of the RP?<\/p>\n

NCLAT's Observation<\/p>\n

The NCLAT disagreed with the Adjudicating Authority’s decision and held that the refusal of inspection need not be approved. The NCLAT noted that the Delhi High Court had already directed aircraft lessors to be permitted to inspect their respective aircraft in a similar situation. Since the Appellate Court had not interfered with the direction pertaining to inspection in the Delhi High Court’s order, the NCLAT found that inspection should be allowed.<\/p>\n

NCLAT's Decision<\/p>\n

    \n
  1. \n

    The Adjudicating Authority's order refusing the inspection to the appellant was not approved.<\/p>\n<\/li>\n

  2. \n

    Considering the Delhi High Court order, the appellant was granted permission for inspection, to be conducted within 10 days from the date of this order.<\/p>\n<\/li>\n

  3. \n

    The observations made in the impugned order were considered prima facie and not treated as a final expression of opinion.<\/p>\n<\/li>\n

  4. \n

    Both parties’ contentions were left open for further consideration by the Adjudicating Authority.<\/p>\n<\/li>\n

  5. \n

    The Adjudicating Authority was directed to endeavor to dispose of the application at the earliest.<\/p>\n<\/li>\n

  6. \n

    The NCLAT disposed of the appeal.<\/p>\n<\/li>\n<\/ol>\n

    [Engine Lease Finance B.V v. Resolution Professional of Go Airlines (India) Ltd., 2023 SCC OnLine NCLAT 505<\/a>, order dated 18-08-2023<\/span>]<\/p>\n\n

    Advocates who appeared in this case :<\/p>\n

    Mr. Anand Venkatramani, Mr. Saket Satapathy, Mr. Anubhav Dutta, Mr. J Shiva Kumar, Ms. Priyal Shah, Ms. Nikita Sharma, Counsel for the Appellant<\/p>\n

    Mr. Ramji Srinivasan, Sr. Advocate with Mr. Vishnu Shriram, Mr. Yugam Taneja, Ms. Namrata Saraogi, Mr. Kartik Pandey, Counsel for the Respondents<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    NCLAT held that the impugned order passed by the Adjudicating Authority is at a prima facie stage and should not be treated as a final expression of opinion.<\/p>\n","protected":false},"author":67514,"featured_media":293392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,11],"tags":[60467,60466,30596,60045,46429,30182,22014],"class_list":["post-299793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casebriefs","category-tribunals_commissions_regulatorybodies","tag-aircraft-engines","tag-barun-mitra-technical-member","tag-corporate-debtor","tag-go-airlines","tag-justice-ashok-bhushan","tag-national-company-law-appellate-tribunal","tag-nclat"],"yoast_head":"\nNCLAT allows inspection of Aircraft Engines leased to Go Airlines | SCC Blog<\/title>\n<meta name=\"description\" content=\"NCLAT allows inspection of Aircraft Engines leased to Go Airlines.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"[Go Airlines] NCLAT allows inspection of leased Aircraft Engines\" \/>\n<meta property=\"og:description\" content=\"NCLAT allows inspection of Aircraft Engines leased to Go Airlines.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-22T04:30:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-29T11:54:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"886\" \/>\n\t<meta property=\"og:image:height\" content=\"590\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ritu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"[Go Airlines] NCLAT allows inspection of leased Aircraft Engines\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ritu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/\",\"name\":\"NCLAT allows inspection of Aircraft Engines leased to Go Airlines | SCC Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp\",\"datePublished\":\"2023-08-22T04:30:46+00:00\",\"dateModified\":\"2023-08-29T11:54:37+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/392f265bae2f48f0f0d02b8e0e9015b9\"},\"description\":\"NCLAT allows inspection of Aircraft Engines leased to Go Airlines.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp\",\"width\":886,\"height\":590,\"caption\":\"national company law appellate tribunal\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"[Go Airlines] NCLAT allows inspection of leased Aircraft Engines\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/392f265bae2f48f0f0d02b8e0e9015b9\",\"name\":\"Ritu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c47318594774c1fe55e3e8c85dcd1909276373d9bf11730032fc1a7d05d56a47?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c47318594774c1fe55e3e8c85dcd1909276373d9bf11730032fc1a7d05d56a47?s=96&d=mm&r=g\",\"caption\":\"Ritu\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_7\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NCLAT allows inspection of Aircraft Engines leased to Go Airlines | SCC Blog","description":"NCLAT allows inspection of Aircraft Engines leased to Go Airlines.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/","og_locale":"en_US","og_type":"article","og_title":"[Go Airlines] NCLAT allows inspection of leased Aircraft Engines","og_description":"NCLAT allows inspection of Aircraft Engines leased to Go Airlines.","og_url":"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2023-08-22T04:30:46+00:00","article_modified_time":"2023-08-29T11:54:37+00:00","og_image":[{"width":886,"height":590,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.jpg","type":"image\/jpeg"}],"author":"Ritu","twitter_card":"summary_large_image","twitter_title":"[Go Airlines] NCLAT allows inspection of leased Aircraft Engines","twitter_misc":{"Written by":"Ritu","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/","url":"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/","name":"NCLAT allows inspection of Aircraft Engines leased to Go Airlines | SCC Blog","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp","datePublished":"2023-08-22T04:30:46+00:00","dateModified":"2023-08-29T11:54:37+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/392f265bae2f48f0f0d02b8e0e9015b9"},"description":"NCLAT allows inspection of Aircraft Engines leased to Go Airlines.","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp","width":886,"height":590,"caption":"national company law appellate tribunal"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/08\/22\/nclat-allows-inspection-of-aircraft-engines-leased-to-go-airlines-scc-blog-legal-researc-news\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"[Go Airlines] NCLAT allows inspection of leased Aircraft Engines"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/392f265bae2f48f0f0d02b8e0e9015b9","name":"Ritu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c47318594774c1fe55e3e8c85dcd1909276373d9bf11730032fc1a7d05d56a47?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c47318594774c1fe55e3e8c85dcd1909276373d9bf11730032fc1a7d05d56a47?s=96&d=mm&r=g","caption":"Ritu"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_7\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":293827,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/06\/05\/nclat-corporate-debtor-cannot-raise-pre-existing-dispute-without-evidence-prior-lacuna-scc-blog-legal-research-news\/","url_meta":{"origin":299793,"position":0},"title":"Can Corporate Debtor raise issue of pre-existing dispute if there is no evidence of any lacuna prior to demand notice? NCLAT answers","author":"Ritu","date":"June 5, 2023","format":false,"excerpt":"\u201cThe Adjudicating Authority does not appear to have committed any error in holding the alleged disputes claimed by the Corporate Debtor to be feeble as it is not supported by credible evidence.\u201d NCLAT","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"national company law appellate tribunal","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":285762,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/03\/01\/scconline-legalroundup-14-rulings-from-tribunals-commissions-regulatory-bodies-february-roundup-2023-shiv-sena-party-symbol-dispute-medical-negligence-compensation-nclat-itat-election-commission-natio\/","url_meta":{"origin":299793,"position":1},"title":"Top 14 Rulings from Tribunals, Commissions, Regulatory Authorities: Shiv Sena Party Symbol Dispute, Income Tax Act, Medical Negligence and more| February 2023 Roundup","author":"Arunima","date":"March 1, 2023","format":false,"excerpt":"This roundup contains many interesting rulings including the Shiv Sena Party Name and Symbol Dispute, Negligence committed by doctors and Compensation therein, Amendment to Section 178(6) of the Income Tax Act, Initiation of the Corporate Insolvency Resolution Process and more.","rel":"","context":"In "Legal RoundUp"","block_context":{"text":"Legal RoundUp","link":"https:\/\/www.scconline.com\/blog\/post\/category\/columns-for-roundup\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-574.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-574.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-574.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-574.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":294481,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/06\/13\/nclat-operational-creditor-cannot-seek-cirp-section-9-ibc-exist-real-dispute-legal-news\/","url_meta":{"origin":299793,"position":2},"title":"Operational creditor cannot seek to initiate CIRP against Corporate Debtor when real dispute exists: NCLAT","author":"Ritu","date":"June 13, 2023","format":false,"excerpt":"The NCLAT set aside Adjudicating Authority's order initiating CIRP of the Corporate Debtor.","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"national company law appellate tribunal","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":296043,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/07\/05\/tribunal-regulatory-bodies-commissions-monthly-roundup-june-2023-legal-news\/","url_meta":{"origin":299793,"position":3},"title":"Tribunal Roundup June 2023 | Top Stories on Justice Verma\u2019s death; Mula-Mutha Riverfront Project; Tragic mix-up of a sperm sample and more","author":"Apoorva","date":"July 5, 2023","format":false,"excerpt":"A quick legal roundup to cover important stories from Tribunals, Regulatory Bodies, Commissions this month","rel":"","context":"In "Legal RoundUp"","block_context":{"text":"Legal RoundUp","link":"https:\/\/www.scconline.com\/blog\/post\/category\/columns-for-roundup\/"},"img":{"alt_text":"tribunal monthly june 2023","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/tribunal-monthly-june-2023.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/tribunal-monthly-june-2023.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/tribunal-monthly-june-2023.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/tribunal-monthly-june-2023.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":294234,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/06\/09\/nclat-allows-revival-of-cirp-process-scc-blog-legal-news-research\/","url_meta":{"origin":299793,"position":4},"title":"Insolvency proceeding can be restored when Consent term entered between parties includes a revival clause: NCLAT","author":"Ritu","date":"June 9, 2023","format":false,"excerpt":"\u201cWhen consent term itself contains clause for revival, non-giving liberty specifically for revival by the Adjudicating Authority is inconsequential\u201d, held NCLAT","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"national company law appellate tribunal","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/national-company-law-appellate-tribunal-1.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":291227,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/05\/04\/nclat-discusses-settlement-after-constitution-of-committee-of-creditors-under-ibc\/","url_meta":{"origin":299793,"position":5},"title":"What is the rule for settlement after constitution of ‘Committee of Creditors’? NCLAT Answers","author":"Ritu","date":"May 4, 2023","format":false,"excerpt":"\u201cAny settlement after passing of the impugned order and after constitution of the CoC is only permissible when the same is approved with 90% vote share of CoC.\u201d","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"National Company Law Appellate Tribunal","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-458.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-458.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-458.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-458.png?resize=700%2C400&ssl=1 2x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/299793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67514"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=299793"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/299793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/293392"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=299793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=299793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=299793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}