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    August 31, 2020   Case LawsInsolvency and Bankruptcy
    Advance Payment for Goods Not Operational Debt Per Section 5(20) of Insolvency and Bankruptcy Code.
    August 29, 2020   Case LawsInsolvency and Bankruptcy
    Shares Issued to Third Party at Payee's Request Not Considered Debt; Transferable and Eligible for Dividends.
    August 29, 2020   Case LawsInsolvency and Bankruptcy
    CIRP Not Applicable: Joint Development Agreement Lacks 'Financial Debt' for Section 7 Application Under Insolvency Code.
    August 26, 2020   Case LawsInsolvency and Bankruptcy
    Debt Acknowledgment Valid Without Specific Amount in CIRP and NPA Contexts; Claim Verification Request Suffices.
    August 25, 2020   Case LawsInsolvency and Bankruptcy
    Interest on Delayed Payments Not Considered "Operational Debt" in CIRP Due to Pre-Existing Dispute.
    August 25, 2020   Case LawsInsolvency and Bankruptcy
    Force majeure event impacts project completion, CIRP initiated. RERA relief sought, Section 7 application filed for refund, later rejected.
    August 25, 2020   Case LawsInsolvency and Bankruptcy
    Corporate Applicant's Fraudulent Intent in Insolvency Filing u/s 10; No Penal Order Issued Yet u/s 65.
    August 24, 2020   Case LawsInsolvency and Bankruptcy
    Parties can withdraw CIRP applications before CoC formation using amended Regulation 30A or Rule 11 of NCLT Rules 2016.
    August 24, 2020   Case LawsInsolvency and Bankruptcy
    Authority Can't Decide Counterclaim When Admitting CIRP Application u/s 7 of IBC; Proper Admission Confirmed.
    August 24, 2020   Case LawsInsolvency and Bankruptcy
    Debtor's Written Acknowledgment Required Within Limitation Period for CIRP Initiation u/s 18 of Limitation Act, 1963.
    August 22, 2020   Case LawsInsolvency and Bankruptcy
    I&B Code, 2016: Accounting Rules Can't Override Insolvency Provisions; Moratorium Active Until Resolution or Liquidation.
    August 22, 2020   Case LawsInsolvency and Bankruptcy
    Corporate Insolvency Resolution Process: Retention Money Classified as Debt and Default u/s 3(11) Definition.
    August 22, 2020   Case LawsInsolvency and Bankruptcy
    Liquidators Must Ensure Gratuity Payments During Insolvency, Even Without Separate Gratuity Funds; Section 53(1) Not Applicable.
    August 21, 2020   Case LawsInsolvency and Bankruptcy
    CIRP Application Rejected Due to Disputed Claim; Contest Highlights Right to Payment Regardless of Dispute Status.
    August 21, 2020   Case LawsInsolvency and Bankruptcy
    Appellate Tribunal Reviews Alleged Collusion in CIRP to Prevent Unjust Liquidation and Potential Miscarriage of Justice.
    August 21, 2020   Case LawsInsolvency and Bankruptcy
    Liquidation Ordered After CIRP Deadline Lapses; Late Resolution Plan Offer Rejected for Non-Compliance with IBC Regulations.
    August 20, 2020   Case LawsInsolvency and Bankruptcy
    Corporate Insolvency Process Begins Over Unpaid Dues; Dispute Must Exist Before Demand Notice Receipt.
    August 20, 2020   Case LawsInsolvency and Bankruptcy
    Corporate Debtor's Insolvency Process Initiated; No Pre-Existing Dispute Found in Sky Forest Project Case.
    August 20, 2020   Case LawsInsolvency and Bankruptcy
    COC Can Replace Interim Resolution Professional in Later Meetings Without Giving Reasons, Per IBC Section 22(2).
    August 19, 2020   Case LawsInsolvency and Bankruptcy
    NCLAT Dismisses Petition Challenging Hybrid Hearing Format, Imposes Rs. 10,000 Cost for Lack of Evidence.
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    Highlights
    All› IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2020 › IBC - Insolvency and Bankruptcy - 2020 - August
    Showing Results for :
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    August 31, 2020   Case Laws Insolvency and Bankruptcy
    Advance Payment for Goods Not Operational Debt Per Section 5(20) of Insolvency and Bankruptcy Code.
    August 29, 2020   Case Laws Insolvency and Bankruptcy
    Shares Issued to Third Party at Payee's Request Not Considered Debt; Transferable and Eligible for Dividends.
    August 29, 2020   Case Laws Insolvency and Bankruptcy
    CIRP Not Applicable: Joint Development Agreement Lacks 'Financial Debt' for Section 7 Application Under Insolvency Code.
    August 26, 2020   Case Laws Insolvency and Bankruptcy
    Debt Acknowledgment Valid Without Specific Amount in CIRP and NPA Contexts; Claim Verification Request Suffices.
    August 25, 2020   Case Laws Insolvency and Bankruptcy
    Interest on Delayed Payments Not Considered "Operational Debt" in CIRP Due to Pre-Existing Dispute.
    August 25, 2020   Case Laws Insolvency and Bankruptcy
    Force majeure event impacts project completion, CIRP initiated. RERA relief sought, Section 7 application filed for refund, later rejected.
    August 25, 2020   Case Laws Insolvency and Bankruptcy
    Corporate Applicant's Fraudulent Intent in Insolvency Filing u/s 10; No Penal Order Issued Yet u/s 65.
    August 24, 2020   Case Laws Insolvency and Bankruptcy
    Parties can withdraw CIRP applications before CoC formation using amended Regulation 30A or Rule 11 of NCLT Rules 2016.
    August 24, 2020   Case Laws Insolvency and Bankruptcy
    Authority Can't Decide Counterclaim When Admitting CIRP Application u/s 7 of IBC; Proper Admission Confirmed.
    August 24, 2020   Case Laws Insolvency and Bankruptcy
    Debtor's Written Acknowledgment Required Within Limitation Period for CIRP Initiation u/s 18 of Limitation Act, 1963.
    August 22, 2020   Case Laws Insolvency and Bankruptcy
    I&B Code, 2016: Accounting Rules Can't Override Insolvency Provisions; Moratorium Active Until Resolution or Liquidation.
    August 22, 2020   Case Laws Insolvency and Bankruptcy
    Corporate Insolvency Resolution Process: Retention Money Classified as Debt and Default u/s 3(11) Definition.
    August 22, 2020   Case Laws Insolvency and Bankruptcy
    Liquidators Must Ensure Gratuity Payments During Insolvency, Even Without Separate Gratuity Funds; Section 53(1) Not Applicable.
    August 21, 2020   Case Laws Insolvency and Bankruptcy
    CIRP Application Rejected Due to Disputed Claim; Contest Highlights Right to Payment Regardless of Dispute Status.
    August 21, 2020   Case Laws Insolvency and Bankruptcy
    Appellate Tribunal Reviews Alleged Collusion in CIRP to Prevent Unjust Liquidation and Potential Miscarriage of Justice.
    August 21, 2020   Case Laws Insolvency and Bankruptcy
    Liquidation Ordered After CIRP Deadline Lapses; Late Resolution Plan Offer Rejected for Non-Compliance with IBC Regulations.
    August 20, 2020   Case Laws Insolvency and Bankruptcy
    Corporate Insolvency Process Begins Over Unpaid Dues; Dispute Must Exist Before Demand Notice Receipt.
    August 20, 2020   Case Laws Insolvency and Bankruptcy
    Corporate Debtor's Insolvency Process Initiated; No Pre-Existing Dispute Found in Sky Forest Project Case.
    August 20, 2020   Case Laws Insolvency and Bankruptcy
    COC Can Replace Interim Resolution Professional in Later Meetings Without Giving Reasons, Per IBC Section 22(2).
    August 19, 2020   Case Laws Insolvency and Bankruptcy
    NCLAT Dismisses Petition Challenging Hybrid Hearing Format, Imposes Rs. 10,000 Cost for Lack of Evidence.

    Highlights

    All› IBC - Insolvency and Bankruptcy › IBC - Insolvency and Bankruptcy - 2020 › IBC - Insolvency and Bankruptcy - 2020 - August
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