No reference of disputes before Arbitral Tribunal after approval of Resolution Plan
The article provides insight into the Delhi High Court's decision in Indian Oil Corporation Ltd v. Arcelor Mittal Nippon Steel India Ltd.
Source: barandbench.com
Page 25 - Resolution Professional News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Resolution Professional Today - Breaking & Trending Today
SC ruling on role of RP in personal guarantor cases paves path for adjudication of nearly 2,000 IBC cases
According to experts, the apex court’s decision has clarified the role of the Resolution Professional in the case of a personal guarantee to being a ‘facilitator’ and not an ‘adjudicator’.
Source: moneycontrol.com
Supreme Court Half Yearly Digest 2023: Insolvency And Bankruptcy Code
Companies Act, 2013 - Upholds the constitutionality of Section 327(7) of the Companies Act, which excludes workers dues from priority payment in the event of liquidation of a company under the...
Source: livelaw.in
liquidation | Future Retail heads for liquidation as lenders fail to get any reasonable buyer
The NCLT had granted four extensions to FRL for completion of the CIRP and the last date was September 30. After that there was no extension in the deadline
Source: telegraphindia.com
Future Retail Heads For Liquidation As Lenders Fail To Get Suitable Buyer
Future Retail Ltd., once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidation as its lenders could not get any reasonable buyer of the debt-ridden firm.
Source: bqprime.com