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NCLT Mumbai Rejects Section 9 Application For Initiation Of CIRP Against Elder Projects Limited

The National Company Law Tribunal (NCLT), Mumbai bench comprising Shri Shyam Babu Gautam (Technical Member) and Shri H.V. Subba Rao (Judicial Member), has rejected an application under section 9 of. ....

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NCLT New Delhi Rejects Section 9 Application For Initiation Of CIRP Against G.S.P. Power Systems Private Limited

The National Company Law Tribunal (NCLT), New Delhi bench comprising Shri Rahul Bhatnagar (Technical Member) and Shri P.S.N. Prasad (Judicial Member), has rejected an application under section 9 of. ....

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Threshold Limit Of Rs. 1 Crore Applicable From The Date Of Filing And Not From Date Of Registration Of Petition: NCLAT Delhi

The National Company Law Appellate Tribunal (“NCLAT”), Principal Bench, comprising of Justice Ashok Bhushan (Chairperson) and Shri Kanthi Narahari (Technical Member), while adjudicating an appeal. ....

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NCLAT sets aside plea by Hong Kong-based Sansing to initiate insolvency against APL Metals

Read more about NCLAT sets aside plea by Hong Kong-based Sansing to initiate insolvency against APL Metals on Devdiscourse ....

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Default in payment under settlement agreement does not come under definition of operational debt: NCLT

The Bench reiterated that that unpaid instalments under a settlement agreement cannot be treated as operational debt as per Section 5(21) of the IBC. ....

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