June 15, 2024 In Blog, Uncategorized

NCLAT UPHOLDS REJECTION OF HOMEBUYER’S CLAIMS FOR FAILURE TO PROVIDE PROOF OF PAYMENT TO CORPORATE DEBTOR

A Three Judge Bench of the National Company Law Appellate Tribunal Principal Bench, New Delhi (NCLAT), comprising of Justice Justice Ashok Bhushan, Justice Barun Mitra and Justice Arun Baroka passed a Judgment dated 24-05-2024 in…

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June 15, 2024 In Blog, Uncategorized

NCLAT UPHOLDS NCLT’S DISMISSAL OF INSOLVENCY APPLICATION AS THERE WAS NO PRIVITY OF CONTRACT BETWEEN PARTIES

INTRODUCTION A two- Member Bench comprising of Justice Rakesh Kumar Jain and Mr. Indevar Pandey of the National Company Law Appellate Tribunal Principal Bench, New Delhi passed an Order dated 16.05.2024 in Comp. App. (AT)…

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June 15, 2024 In Blog, Uncategorized

NATIONAL COMPANY LAW APPELLATE TRIBUNAL UPHOLDS FORFEITURE OF BANK GUARANTEE FOR NON-COMPLIANCE OF RESOLUTION PLAN BY RESOLUTION APPLICANT

The Hon’ble National Company Law Appellate Tribunal, Principal Bench, New Delhi (NCLAT) has recently passed a Judgment dated 29-05-2024 in Peter Beck und Partner vs Sharon Bio Medicine Limited and Ors. Company Appeal (AT) (Insolvency)…

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June 8, 2024 In Blog, Uncategorized

DELHI HIGH COURT REITERATES FACTORS GOVERNING THE GRANT OF REGULAR BAIL IN ECONOMIC OFFENCES

INTRODUCTION A Single-Judge Bench of Hon’ble Delhi High Court comprising of Hon’ble Ms. Justice Swarna Kanta Sharma passed a judgement dated 04.06.2024 in Amandeep Singh Dhall v. CBI, BAIL APPLN. 2229/2023 and reiterated the principles…

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June 8, 2024 In Blog, Uncategorized

NCLAT DISMISSES INSOLVENCY APPLICATION ON THE GROUND OF PRE-EXISTING DISPUTE BETWEEN THE PARTIES

A three Judge Bench of National Company Law Appellate Tribunal (NCLAT) comprising of Justice Ashok Bhushan and Technical Members Barun Mitra and Arun Baroka passed a judgement dated 06.05.2024 in Royal Manpower Services v. Faridabad…

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June 8, 2024 In Blog, Uncategorized

NCLAT REJECTS APPELLANT’S CLAIMS FILED POST-APPROVAL OF RESOLUTION PLAN BY COMMITTEE OF CREDITORS

A Three Judge Bench of the National Company Law Appellate Tribunal (NCLAT) comprising of Justice Rakesh Kumar Jain, Mr. Naresh Salecha and Mr Indevar Pandey (Technical Members) passed a Judgment dated 20-05-2024 in the matter…

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June 8, 2024 In Blog, Uncategorized

OBSERVATIONS OF NATIONAL GREEN TRIBUNAL ON ILLEGAL TREE CUTTING AND SOIL EXCAVATION BY PWD CONTRACTOR

INTRODUCTION A two Judge Bench of the National Green Tribunal Principal Bench, New Delhi comprising of Justice Arun Kumar Tyagi and Dr. Afroz Ahmad, Expert Member passed an Order dated 01.05.2024 in Original Application No….

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June 8, 2024 In Blog, Uncategorized

NATIONAL COMPANY LAW APPELLATE TRIBUNAL ALLOWS FULL CLAIMS OF FINANCIAL CREDITORS UPON FAILURE OF CORPORATE DEBTOR TO COMPLY WITH SETTLEMENT TERMS

The Hon’ble National Company Law Appellate Tribunal, Principal Bench, New Delhi (NCLAT) has recently passed a Judgment dated 13-05-2024 in Niraj Rathore vs Mr. Partha Sarathy Sarkar and Anr. Company Appeal (AT) (Insolvency) No. 911…

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June 1, 2024 In Blog, Uncategorized

DELHI HIGH COURT HOLDS PETITIONER NOT ENTITLED TO EXTEND TERM OF LICENSE FOR OPERATING RAILWAY STALLS TO PREVENT MONOPOLISATION

INTRODUCTION A Single Judge Bench of the Delhi High Court comprising of Justice Sachin Datta passed an Order dated 29.05.2024 in W.P.(C) 2501/2023, CM APPL. 9571/2023 and 40 Ors. in Urmila Devi & ORS. Vs….

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June 1, 2024 In Blog, Uncategorized

DELHI HIGH COURT UPHOLDS ARBITRAL AWARD PASSED AFTER DUE CONSIDERATION OF THE EVIDENCE ON RECORD

A single-Judge Bench of the Hon’ble Delhi High Court comprising of Justice Neena Bansal Krishna passed a Judgment dated 29-05-2024 in the matter of Govt of NCT of Delhi vs. M/S DSC Limited, Original Miscellaneous…

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