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Resolution Applicant Can't Unilaterally Amend or Withdraw Resolution Plan after CoC Approval: SC

While quashing an order passed by the National Company Law Appellate Tribunal (NCLAT), the Supreme Court reiterated that the Insolvency and Bankruptcy Code (IBC) does not allow the resolution applicant to unilaterally amend, modify, or withdraw the resolution plan after approval by the committee of creditors (CoC). ....

Dipankar Datta , Dinkar Venkatasubramanian , Sanjiv Khanna , Metalyst Forgings Ltd , Ebix Singapore Pvt Ltd , National Company Law Appellate Tribunal , Supreme Court , Educomp Solutions Ltd , National Company Law Tribunal , Dvi Pe Mauritius Ltd , Bankruptcy Code , Mutual Fund Returns , Ank Fixed Deposits , Nvestor Returns , Ortfolio Allocation ,

Improving The Functioning Of The National Company Law Tribunal – A Perspective

The National Company Law Tribunal (NCLT), established on 01 June 2016 under the Companies Act, 2013, is a premier tribunal in the commercial and economic field. Its primary litigants are financial. ....

C Shivakumar Reddy , Justice Dy Chandrachud , Dena Bank , Supreme Court , Apex Court , Corporate Debtor , Ebix Singapore Pvt Ltd , Educomp Solutions Ltd , Adjudicating Authority , Twin Star , Successful Resolution Applicant , Companies Act , National Company Law Tribunal Nclt Companies Act Insolvency Amp Bankruptcy Code Corporate Resolution Process Cirp ,

Debt resolution plan can't be withdrawn: SC

Debt resolution plan can't be withdrawn: SC
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Justicedy Chandrachud , Justice Chandrachud , Ebix Singapore Pvt Ltd , Supreme Court , Educomp Solutions , National Company Law Tribunal , Corporate Insolvency Resolution Process , Bankruptcy Code , Corporate Debtor , Singapore Pvt Ltd , உச்ச நீதிமன்றம் , ஏடுக்ொம்ப் தீர்வுகள் , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் , பெருநிறுவன நொடித்துப்போனது தீர்மானம் ப்ரோஸெஸ் , திவால்நிலை குறியீடு , பெருநிறுவன கடனாளி , சிங்கப்பூர் பிரைவேட் லிமிடெட் ,

SC asks NLCT, NCLAT to adhere to timelines under IBC

SC asks NLCT, NCLAT to adhere to timelines under IBC
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