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NCLT rejects plea against Zee

The public sector lender IDBI Bank had filed the petition under section 7 of the Insolvency and Bankruptcy Code (IBC), which allows a financial creditor to file an application for initiating CIRP against a corporate debtor before the adjudicating authority.

Puneet-goenka , Justice-kishore-vemulapalli , Prabhat-kumar , National-company-law-appellate-tribunal , Sony , Essel-group , Siti-networks-ltd , Sony-pictures , Indusind-bank , Code-this , Code-the , Bankruptcy-code

Monthly Digest Of IBC Cases: March 2023

Supreme Court IBC- Once Resolution Plan Is Approved, No Modifications Are Permissible: Supreme Court Case Title: SREI Multiple Asset Investment Trust Vision India Fund v Deccan Chronicle...

Hyderabad , Andhra-pradesh , India , Barun , Bihar , New-delhi , Delhi , Pune , Maharashtra , Sabari , Andaman-and-nicobar-islands , Kenya

Weekly Update Of IBC Cases: 20 To 26 March 2023

Supreme Court IBC- Once Resolution Plan Is Approved, No Modifications Are Permissible: Supreme Court Case Title: SREI Multiple Asset Investment Trust Vision India Fund v Deccan Chronicle...

New-delhi , Delhi , India , Bengaluru , Karnataka , Ahmedabad , Gujarat , Mumbai , Maharashtra , Sabari , Andaman-and-nicobar-islands , Chennai

NCLT rejects Yatra plea to dismiss Ezeego's insolvency petition

The bench rejected the application filed by Yatra. Following the dismissal, Yatra’s insolvency case will be now heard on merits by NCLT.

Mumbai , Maharashtra , India , Nausher-kohli , Justice-kishore-vemulapalli , Justice-prabhat-kumar , Krishnendu-dutta , Yatra-online , Nclt , Yatra , Ezeego