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Mint Explainer: How mediation can speed up insolvency dispute resolution

Mediation as a dispute resolution mechanism makes sense given that over 60% of the applications for initiating CIRP are settled before NCLT admits the plea.

Supreme courtMediation actCommercial courts actCompanies actInsolvency dispute resolutionDispute resolution mechanismInsolvency and bankruptcy code ibcInsolvency and bankruptcy board of india ibbi

Each homebuyer vote matters when voting on resolutions to withdraw CIRP: NCLAT

When it comes to proposals to withdraw CIRP, it is not enough to only count the opinion of the majority of homebuyers, the NCLAT held.

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NCLT grants Go First 60-day moratorium extension

The extension period effective from 4 February grants the airline a total of 330 days to finalize the resolution process, with more than 270 days spent under the corporate insolvency resolution process.

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NCLAT Fortnightly: Important orders on IBC (January 1 – January 15, 2024)

The article provides a brief look at important orders passed by the NCLAT under the IBC between January 1 and January 15, 2024.

Rajeev kumar jainKellton tech solutionsUno minda limited compRetail limited company appeal at insolvency noCorporate insolvency resolution processFinance limitedCompany appealFixed depositLimitation actInstyle fashionBirla fashionRetail limitedAdjudicating authorityKellton tech solutions limitedTechnologies private limitedMinda limited

NCLAT Fortnightly: Important orders on IBC (December 16 – December 31, 2023)

The article provides a brief look at important orders passed by the NCLAT under the IBC between December 16 and December 31, 2023.

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