Section 7 IBC, 2016 petition remanded for fresh adjudication to examine agreement, assignment deed and admissions
Negative 39.4% vote defeats 66% sanction; RP cannot charge CIRP costs without interim finance under Sections 5, 28, Reg 34(B)
IRP proposed in Section 7 or 10 IBC applications must be appointed unless disciplinary proceedings are pending
Section 9 application maintainable where alleged pre-existing quality dispute not established; contractual sampling and testing found valid
Appeal allowed; margin money held as earmarked trust not CD asset; bank appropriation lawful; Section 14 inapplicable
Appeal dismissed; liquidation order upheld as Secured Creditor's Regulation 21A condonation application rejected for delay
Appeal allowed to permit filing additional documents under Rule 55; Section 8(2) not a bar to supplementation
Appeal dismissed; Section 60(5) permits IA enforcement of final arbitral award by Resolution Professional for revival of corporate debtor
Appeal allowed: Withdrawal of CIRP set aside for misrepresentation, omission of homebuyers, and failure to meet Section 12A approval
Approved resolution plan excludes gratuity claims; Annexure 7 records "Nil Payment" for certain claimants, review rejected
Section 7 IBC admission vacated after creditor status, unlawful assignment, unauthorized OTS claim and attempted possession found unsustainable
RP's appeal dismissed; Reg.13 requires statutory verification of claims, adverse findings deleted; RP must re-examine claim
Application for 125-day delay condonation denied due to gross negligence and lack of sufficient cause under IBC
Appeal dismissed; approved resolution plan bars separate gratuity beyond employee payout; Section 30(2) compliance affirmed
Section 9 petition maintainable as Section 19 limitation restarted during COVID exclusion; no contractual interest, insolvency proceedings closed
Resolution Professional held a 'public servant' under Prevention of Corruption Act, 1988; investigation and sanction timelines ordered
Appeal dismissed; IRP complied with Section 18 IBC; creditor's claim rejected for lack of strong evidence and accounting entries
91-day refiling delay not condoned under Section 12; vague logistical claims fail to establish sufficient cause or facts
Appeal dismissed; Section 7 admission upheld as debt and default continue, loan recalled 09.11.2022, Rs.6,10,25,59,513 due
Appeal dismissed; approved resolution plan upheld, NCD holders barred from duplicate recovery after prior settlement and undertakings under Section 30
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