IRP appointed to oversee debt resolution and corporate control
From taxscan.in
The tribunal concluded that no exceptional circumstances existed to justify exemption from the net worth requirement and dismissed the application.
From taxscan.inThe tribunal concluded that no exceptional circumstances existed to justify exemption from the net worth requirement and dismissed the application.
From taxscan.in
NCLT clears Adani Enterprises' ₹15,000 crore JAL plan despite lower bid, spotlighting IBC's shift from highest offer to recovery certainty
From business-standard.com
The NCLT Chandigarh Bench reiterates that balance sheet disclosures constitute valid acknowledgment of debt, extending limitations under IBC.
From taxscan.inOne of the amendments proposes that the auditor or audit firms of a prescribed class of companies will not provide any non-audit services to the company or its holding or subsidiary companies
From business-standard.com
A key highlight of the order is the tribunal’s interpretation of Section 339 of the Companies Act. The NCLT underlined that the law applies to “any person”, not just those within the company.
From zeebiz.com
The National Company Law Tribunal (NCLT) has held that mere pendency of arbitration proceedings does not constitute a
From legaleraonline.com
The NCLT ruling on financial defaults, bank relief measures, and CIRP admission.
From taxscan.in