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Hastings man charged for burglary, theft with unique forklift skills

A Hastings man is facing charges after burglarizing a Grand Island business and stealing a vehicle.David Ostermeier, 57, is charged in Hall County Court with bu

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IBC is a boon for lawyers, but what about banks, NBFCs and other financial creditors?

Experts say seven years is ample time for a new law to stabilise. But despite the IBC’s initial promise, it seems to have got entangled in a web of litigation, new interpretations, and numerous amendments

India , Abizer-diwanji , Rajesh-narain-gupta , Infonet-asia , Jaypee-infratech , Daizy-chawla , Supreme-court , National-company-law-tribunal , Jet-airways , Barath-energy , Videocon-industries , Head-financial-services

Success for Andover companies at Test Valley Business Awards 2021

Success for Andover companies at Test Valley Business Awards 2021
andoveradvertiser.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from andoveradvertiser.co.uk Daily Mail and Mail on Sunday newspapers.

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Test Valley Business Awards shortlists revealed

Test Valley Business Awards shortlists revealed
romseyadvertiser.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from romseyadvertiser.co.uk Daily Mail and Mail on Sunday newspapers.

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Cheque-bounce cases can't be filed or continued against firms facing IBC proceedings, says SC


Cheque-bounce cases can't be filed or continued against firms facing IBC proceedings, says SC
The top court did not extend the benefit of moratorium on judicial proceedings in cheque bounce cases to directors or signatories of cheques of such firms, saying criminal cases would continue against "natural persons"
PTI | March 2, 2021 | Updated 08:10 IST
The Supreme Court Monday held the cheque bounce cases can neither be instituted nor be continued against companies which are facing insolvency proceedings and are protected under a provision of Insolvency and Bankruptcy Code (IBC) putting a moratorium on legal proceedings against them.
The top court, however, did not extend the benefit of moratorium on judicial proceedings in cheque bounce cases to directors or signatories of cheques of such firms, saying criminal cases would continue against "natural persons".

Mumbai , Maharashtra , India , Calcutta , West-bengal , Bombay , Justice-nariman , Navin-sinha , Justice-rf-nariman , Manik-chand-somani , Supreme-court , Infrastructure-ltd

Cheque-bounce cases can't be filed or continued against firms facing IBC proceedings, says SC

Cheque-bounce cases can't be filed or continued against firms facing IBC proceedings, says SC
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

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Cheque dishonor cases can't be filed or continued against firms facing insolvency proceedings: SC


Cheque dishonor cases can't be filed or continued against firms facing insolvency proceedings: SC
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Last Updated: Mar 01, 2021, 10:01 PM IST
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Synopsis
The top court, however, did not extend the benefit of moratorium on judicial proceedings in cheque bounce cases to directors or signatories of cheques of such firms, saying criminal cases would continue against "natural persons".
Agencies
Under IBC, the moment a corporate insolvency resolution process is initiated against a company, it gets statutory protection under section 14 and consequently, a moratorium is put on judicial proceedings against it.
The Supreme Court Monday held the cheque bounce cases can neither be instituted nor be continued against companies which are facing insolvency proceedings and are protected under a provision of Insolvency and Bankruptcy Code (IBC) putting a moratorium on legal proceedings against them.

Mumbai , Maharashtra , India , Calcutta , West-bengal , Bombay , Justice-nariman , Navin-sinha , Justice-rf-nariman , Manik-chand-somani , Supreme-court , Infrastructure-ltd