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Weekly Digest Of IBC Cases: 1 May To 7 May 2023

Supreme Court IBC| Principle Of Commercial Wisdom Not Validate A Decision Taken By CoC In Contravention Of Law: Supreme Court Case Title: M.K. Rajagopalan v Dr. Periasamy Palani Gounder .

Tamil naduNew delhiAndhra pradeshMadhya pradeshShrikk singhShriln guptaSanjiv khannaShri ajai das mehrotraJustice ashok bhushanShri sameer kakarManoj kumar agarwalShri charan singhShri kuldip kumar kareerJustice dinesh maheshwariShri sanjiv jainJustice vikram nath

CoC Resolution With 66% Voting Share Not A Pre-Condition For Liquidation When No Resolution Plan Received By The AA: NCLT Hyderabad

The National Company Law Tribunal, Hyderabad Bench, comprising Smt. Telaprolu Rajani (Judicial Member) and Shri Charan Singh (Technical Member), while adjudicating an application under Section.

Committee of creditors coSuryajyothi spinning mills ltdSuryajyothi spinning mills ltd corporate debtorSpinning mills ltdCorporate insolvency resolution processInterim resolution professionalRegistered valuersLiquidation valueCorporate debtorResolution professionalResolution planAdjudicating authorityState bankNclt hyderabad section 33 1 of insolvency and bankruptcy code resolution plan liquidation

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