Interactive flat panels meeting automatic data processing conditions are distinguished from monitors, while later classification clarifications apply ...
Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency and BankruptcyMarch 29, 2024Case LawsAT
CIRP - Completion of Real estate project during the Proceedings - Appellant filed an application seeking permission for unsecured and secured financial creditors to vote on the Project Completion Proposal - The Appellant sought permission for financial creditors to vote on a Project Completion Proposal, which was granted by the Tribunal. After overwhelming support in the voting process, the Tribunal permitted the Appellant to implement the Proposal under the supervision of the IRP and in accordance with reverse CIRP principles. The appeal was disposed of, with liberty given to parties to approach the Court for any difficulties during project completion.
CIRP - Completion of Real estate project during the Proceedings - Appellant filed an application seeking permission for unsecured and secured financial creditors to vote on the Project Completion Proposal - The Appellant sought permission for financial creditors to vote on a Project Completion Proposal, which was granted by the Tribunal. After overwhelming support in the voting process, the Tribunal permitted the Appellant to implement the Proposal under the supervision of the IRP and in accordance with reverse CIRP principles. The appeal was disposed of, with liberty given to parties to approach the Court for any difficulties during project completion.
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