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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.

Sidhartha buildhomePunjab national bankPunjab sind bankNational company law tribunalOriental bankNational bankSind bankResolution professionalNclat rulingsNclat judgmentsNclat cirpNclat section 12aSection 12a ibcIbc judgmentsNational company law appellate tribunalCorporate insolvency resolution process

NCLAT Fortnightly: Important orders on IBC (December 1 – December 15, 2023)

The article provides a brief look at important orders passed by the NCLAT under the IBC between December 1 and December 15, 2023.

Vijay kumar singhaniaSushma paranjpeCompany appeal at insolvency noBaroda company appeal at insolvency noDebenture trust deedHousing limited company appeal at insolvency noRealpro realty solutions privateSaudi basic industries corporationBhrugesh amin company appeal at insolvency noAnsal housingCorporate insolvency resolution processDevelopers private limitedCompany appealAnsal housing limitedProjects private limitedRealpro realty solutions private limited

NCLAT Fortnightly: Important orders on IBC (November 1 – November 16, 2023)

The article provides a brief look at important orders passed by the NCLAT under the IBC between November 1 and November 16, 2023.

Rahul marooLoramitra rathLata goleBrajesh kumar pandeyCompany appeal at insolvency noLogistix india private limited orsCorporate insolvency resolution processPrivate limitedCompany appealAdjudicating authorityCorporate debtorNegotiable instruments actPharma private limitedCompanies actAsset reconstruction company limitedNational company law appellate tribunal

NFRA can investigate audit misconduct that occurred before its formation, has superior powers over ICAI: NCLAT

The National Company Appellate Law Tribunal (NCLAT) at Delhi on Friday ruled that the National Financial Reporting Authority (NFRA) has retrospective powers to investigate allegations of misconduct by financial auditors.

Vivek gurnaniKvaish garachArvindh pandianGoutham shivshankarSharamya sinhaZoheb hossainRakesh kumar jainNaresh salechaApex courtAuditors of the branchInstitute of chartered accountants indiaJudicial member rakesh kumar jainTechnical member naresh salechaChartered accountantsCompanies actDewan housing finance

NCLAT sets aside order patently illegal, unreasonable order passed by former NCLT Acting President

The NCLAT set aside an order passed by a former Acting President of the NCLT on finding that it was issued without jurisdiction and in violation of his own administrative orders during the COVID-19 lockdown.

Priyanka dhyaniAshish vermaAmit georgeRakesh kumar jainSidharatha jainAbhijeet sinhaAnubhav goelPrateek tomarNaresh salechaPreeti goelGaurav mitraIswar mohapatraArkaneil bhaumikSaurabh kripalAnush finleaseShikhar kumar

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