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December 1, 2020 In Blog, Uncategorized

SUPREME COURT HOLDS TRANSFER OF WINDING UP PROCEEDINGS TO NCLT CAN BE SOUGHT BY ANY CREDITOR OF THE CORPORATE DEBTOR

One of the objectives of the #Insolvency and Bankruptcy Code 2016 (‘#IBC’) is to reorganize insolvent Corporate Persons, Partnership Firms and Individuals in a time-bound manner for maximization of value of assets of such persons.   The Three-Judges…

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  • SUPREME COURT ACQUITTED THE APPELLANT-PUBLIC SERVANT ON THE GROUND THAT THE MONEY ACCEPTED WAS NOT IN THE NATURE OF ILLEGAL GRATIFICATION
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  • SUPREME COURT HOLDS THAT ARBITRATOR CAN AWARD PENDENTE LITE INTEREST IF THERE IS NO BAR UNDER CONTRACT
  • SUPREME COURT OBSERVES THAT TRADEMARK RIGHTS OF CORPORATE DEBTOR CONTINUE WITH IT TILL IT TRANSFERS THE SAME
  • SUPREME COURT HOLDS TENANT LIABLE FOR UNAUTHORISED ASSIGNMENT OF RIGHT TO USE THE LEASED PREMISES IN FAVOR OF A THIRD PARTY

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