December 7, 2020 In Blog, Uncategorized

SUPREME COURT HOLDS THAT DISMISSAL OF SPECIAL LEAVE PETITION IS OF NO CONSEQUENCE ON QUESTION OF LAW

Recently, three Judges Bench of the Supreme Court in the case of Inderjit Singh Sodhi And Others v. The Chairman, Punjab State Electricity Board and Another [Civil Appeal No. 3837/2020], vide its #Judgment dated 03.12.2020 held that the…

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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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