Inability To Repay Amounts Due To Banks Can’t Result In Opening Of Lookout Circulars: Delhi High Court
The Delhi High Court ruled that inability to repay amounts due to banks can't result in opening of lookout circulars.
The court observed that it...
Shares Misappropriation Case: Karnataka High Court Quashes Petition Of United Spirits
The Karnataka High Court has quashed the petition of United Spirits in shares misappropriation case.
Facts
The Petitioner, United Spirits Limited (USL) claims to be a...
Calcutta High Court Constituted Committee To Look Into Claim Raised By Investors Of Company Under IBC; Patna High Court Refuses To Entertain Appeal
The Patna High has held that the Calcutta High Court constituted a committee to look into claims raised by investors of the company under...
IMPACT OF INSOLVENCY AND BANKRUPTCY CODE (IBC) ON MSMEs IN 2026
As India moves into 2026, the Insolvency and Bankruptcy Code (IBC) is entering a decisive phase for Micro, Small and Medium Enterprises (MSMEs). With...
Adjudicating Authority Empowered To Examine Entitlement Of Fee And Expenses: NCLAT
The National Company Law Appellate Tribunal (NCLAT), Delhi, ruled that adjudicating authority is empowered to examine the entitlement of fee and expenses.
“Insofar as jurisdiction...
Subsidiary Assets Can’t Be Included In Holding Company’s Resolution Plan Under IBC: Supreme Court
The Supreme Court ruled that the subsidiary assets can't be included in the holding company's resolution plan under Insolvency & Bankruptcy Code (IBC).
The Apex...
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