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NCLT Has Inherent Power To Recall Order Approving Resolution Plan Which Is Not Submitted As Per IBC : Supreme Court - Vimarsana News

NCLT Has Inherent Power To Recall Order Approving Resolution Plan Which Is Not Submitted As Per IBC : Supreme Court

Published: February 13, 2024

The Supreme Court on Monday (February 12) observed that the Adjudicating Authority (“AA”) i.e., NCLT under Insolvency and Bankruptcy Code, 2016 (“IBC”) has the power to recall its order approving the...

Source: livelaw.in
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Justice Manoj MisraNational Company Law Appellate TribunalAmtek Auto LtdSupreme CourtUnion BankMs Amtek Auto LtdCourt TribunalSupreme Court On MondayAdjudicating AuthorityBankruptcy CodeResolution ApplicantResolution PlanAmtek AutoNational Company Law TribunalInsolvency Bankruptcy CodeResolution Plan ApprovalSupreme CourtNherent Power To Recall
IBC | No Modified Resolution Plan Can Be Directly Placed Before NCLT Without Being Finally Approved By The CoC: Supreme Court - Vimarsana News

IBC | No Modified Resolution Plan Can Be Directly Placed Before NCLT Without Being Finally Approved By The CoC: Supreme Court

Published: May 14, 2023

The Supreme Court has held that if a modified resolution plan, carrying however minor modification/revision, is not finally approved by Committee of Creditors (CoC), then presentation of such modified...

Source: livelaw.in
Related Topics:
Justice Vikram NathJustice Dinesh MaheshwariSupreme CourtTourism Finance Corporation Of IndiaIndian TrustNational Company Law Appellate TribunalNational Company Law TribunalAppu Hotels Limited Corporate DebtorCommittee Of Creditors CoAdjudicating AuthorityPeriasamy Palani GounderTourism Finance CorporationIndia LimitedBankruptcy CodeCorporate Insolvency Resolution ProcessAppu Hotels LimitedCorporate DebtorResolution ProfessionalResolution PlanBankruptcy BoardInsolvency Resolution ProcessCorporate PersonsSuccessful Resolution ApplicantIndian Trusts ActCompanies Act