( 9266 results )
Insolvency and Bankruptcy Board of India

IBBI: Disposes SCN against IP for accepting liquidation-assignment sans authorization, given IPA’s prior action

  • Citation Number : LSI-735-IBBI-2020(NDEL)
National Company Law Tribunal

NCLT: Dismisses CIRP petition for lack of jural relationship between Operational Creditor and Corporate Debtor

  • Citation Number : LSI-734-NCLT-2020(MUM)
National Company Law Tribunal

NCLT: Directs refund of amount deducted under GVAT Act violating IBC moratorium

  • Citation Number : LSI-733-NCLT-2020(MUM)
National Company Law Appellate Tribunal

NCLAT: Treat Balance sheet entries as debt acknowledgement; Refers V. Padmakumar judgment for reconsideration

  • Citation Number : LSI-732-NCLAT-2020(NDEL)
Securities & Exchange Board of India

SEBI: Absolves YES Bank ex-Director of insider trading charges; RBI’s NPA divergence report not UPSI

  • Citation Number : LSI-730- SEBI-2020(MUM)
High Court

HC: Allows interim moratorium on assets to continue in Anil Ambani bankruptcy case

  • Citation Number : LSI-728-HC-2020(DEL)
National Company Law Tribunal

NCLT: Bank guarantees outside ‘moratorium’ purview; Rejects Videocon’s RP’s plea seeking restraint against DoT

  • Citation Number : LSI-727-NCLT-2020(MUM)
National Company Law Appellate Tribunal

NCLAT: Notification increasing IBC threshold to Rs. 1 Cr. not ‘retrospective’; Affirms NCLT order

  • Citation Number : LSI-726-NCLAT-2020(NDEL)
Supreme Court

SC: Stays NCLAT order directing liquidation over insolvency resolution; Further hearing on January 12, 2021

  • Citation Number : LSI-725-SC-2020(NDEL)
Securities & Exchange Board of India

SEBI: Penalizes Company, Officers for accounting irregularities, violating LODR Regulations

  • Citation Number : LSI-724- SEBI-2020(MUM)
High Court

HC: RoC not empowered to deactivate DIN; Quashes disqualified Directors’ list absent ‘prior notice’

  • Citation Number : LSI-723-HC-2020(MAD)
National Company Law Appellate Tribunal

NCLAT: No “sleeping directors” concept under IBC; Upholds NCLT order requiring Independent Directors’ cooperation

  • Citation Number : LSI-721-NCLAT-2020(NDEL)
National Company Law Appellate Tribunal

NCLAT: Upholds insolvency initiation over ‘admitted’ operational debt; Rejects ‘difference in amounts’ defence

  • Citation Number : LSI-720-NCLAT-2020(NDEL)
National Company Law Tribunal

NCLT: Admits insolvency application, absent pre-existing disputes, admission of operational debt due

  • Citation Number : LSI-719-NCLT-2020(NDEL)
National Company Law Tribunal

NCLT: Extends CIRP period considering extraordinary circumstances due to COVID-19 lockdown

  • Citation Number : LSI-717-NCLT-2020(BAN)
National Company Law Appellate Tribunal

NCLAT: Members differ over admission of creditor’s claim by RP after IBC-moratorium imposition

  • Citation Number : LSI-716-NCLAT-2020(NDEL)
National Company Law Appellate Tribunal

NCLAT: Ex-Promoter can submit revival-scheme even after Corporate Debtor is pushed into liquidation

  • Citation Number : LSI-715-NCLAT-2020(NDEL)
National Company Law Tribunal

NCLT: Compounds CSR norms violation considering Company made good default in subsequent years

  • Citation Number : LSI-714-NCLT-2020(KOC)
Securities & Exchange Board of India

SEBI: Penalizes Promoters for several disclosure lapses under SCRA, flouting open offer obligations

  • Citation Number : LSI-713- SEBI-2020(MUM)
National Company Law Appellate Tribunal

NCLAT: Successful bidder can’t wriggle out of liabilities once bid approved, disallows withdrawal

  • Citation Number : LSI-712-NCLAT-2020(NDEL)