WebJul 3, 2024 · The intervention application filed by DS was listed today for consideration before the NCLT. Please find a copy of the Application attached with the mail. DS was represented by Mr. Rajeev Atma Ram, Senior Advocate and assisted by P&A Law offices. Fortis was represented by Mr. Gyanendra Kumar, partner of Cyril Amarchand Mangaldas … WebApplication being I.A. No.27/2024. The Registry was directed to permit the Counsel for the Appellant Bank to amend the Company Petition accordingly. 19. On or about 5th March 2024, the Appellant Bank filed another application under Rule 11 of the NCLT Rules, being I.A. No.131 of 2024 in CP(IB) No.244/BB/2024, before the Adjudicating Authority for
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WebJul 20, 2024 · On May 12, Amazon filed an intervention application under Section 65 of the Insolvency and Bankruptcy Code that deals with provisions relating to penalty for … WebThe NCLT by virtue of the Impugned Order had admitted the application, filed under Section 9 of the IBC, for initiation of CIRP against the Corporate Debtor and not ‘Mypreferred Transformation and Hospitality Private Limited’ (“MTH”), the sister concern of the Corporate Debtor being a distinct legal entity. stihl chainsaw rpm meter
Between the Lines NCLAT: Withdrawal of corporate ... - Vaishlaw
WebJan 8, 2024 · Subsequently, a Full Bench of the Supreme Court was called upon in Embassy Property Developments [xxi] to decide, inter alia, whether High Courts could … WebMar 8, 2024 · The jurisdiction of the NCLT under Section 60(5)(c) of the IBC cannot be invoked in matters where a termination may take place on grounds unrelated to the insolvency of the corporate debtor. Even more crucially, it cannot even be invoked in the event of a legitimate termination of a contract based on an ipso facto clause, if such … WebJul 20, 2024 · On May 12, Amazon filed an intervention application under Section 65 of the IBC that deals with provisions relating to penalty for fraudulent or malicious initiation of proceedings. Amazon had opposed BoI’s petition alleging that the lender had colluded with FRL and that any bankruptcy proceedings at this stage would compromise the e … stihl chainsaw redding ca