TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Civil appeal dismissed, debt assignment upheld as valid under MGST Act, Article 265 and I&B Code provisions</h1> SC upheld the NCLAT's decision dismissing the corporate debtor's challenge to the assignment of debt under a debt assignment agreement. It held that the ... Assignment of debt in the absence of any provisions in the MGST Act or in violation of Article 265 of the Constitution of India or under the provisions of I&B Code - it was held by NCLAT that 'The Tribunal has not committed any error in dismissing the application of the Appellant challenging the assignment of debt by way of debt assignment agreement.' HELD THAT:- There are no good ground to interfere with the impugned order passed by the National Company Law Appellate Tribunal, Principal Bench, New Delhi in Company Appeal(AT) (Ins.) No. 1876/2024. Civil appeal dismissed. The Supreme Court condoned the delay in filing the civil appeal and allowed the application seeking exemption from filing a certified copy of the impugned order. The appeal arose from an order of the National Company Law Appellate Tribunal, Principal Bench, New Delhi, in Company Appeal (AT) (Ins.) No. 1876/2024. After hearing learned senior counsel for the appellant and examining the material on record, the Court held that there was 'no good ground to interfere with the impugned order' of the NCLAT. Consequently, the civil appeal was dismissed. All pending applications in the matter were also disposed of in view of the dismissal of the main appeal.
TaxTMI 
TaxTMI 
