Annual Digest Of IBC Cases: 2024
1 week ago

Annual Digest Of IBC Cases: 2024

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Supreme Court Case Title: Ansal Crown Heights Flat Buyers Association vs. M/S. : Company Appeal No.231 of 2023 The National Company Law Appellate Tribunal, New Delhi, comprising Justice Ashok Bhushan and Mr. Barun Mitra, has held that the Corporate Debtor cannot be absolved from its liability to discharge its Operational debt by the Insurance Company's payment to the Operational Creditor of its claim and the same cannot be a ground to reject the Corporate Insolvency Resolution Process application under Section 9 of IBC. 1489 of 2023 The National Company Law Appellate Tribunal New Delhi Bench, comprising Justice Ashok Bhushan and Mr. Barun Mitra, has held that an Ex-Promoter/Director who resigned from Corporate Debtor before initiation of Corporate Insolvency Resolution Process under Section 10 of IBC is eligible to submit a Resolution Plan under Section 29A of IBC. 1187 of 2023 The National Company Law Appellate Tribunal Delhi, comprising Justice Ashok Bhushan, Mr. Barun Mitra, and Mr. Arun Baroka held that if no Goods and Services Tax refund/ Input Tax Credit claim has been included in the Demand Notice under Section 8 of Insolvency and Bankruptcy Code, 2016 or in Form 5 by the Operational Creditor, the same cannot become a ground of default on which Corporate Insolvency Resolution Process under IBC can be initiated. 977 of 2023 The National Company Law Appellate Tribunal Delhi, comprising Justice Ashok Bhushan, Mr. Barun Mitra, and Mr. Arun Baroka held that the set-off/adjustment of demand with refund by Income Tax Department during the intervening period when the Corporate Insolvency Resolution Process timeline period has expired but before passing of Liquidation Order under Section 33 of Insolvency and Bankruptcy Code, 2016 amounts to violation of moratorium under Section 14 of the IBC.

India Justice Delhi Mumbai Supreme Court High Court Corporate Court Registrar Insolvency Resolution Chief Justice Corporate Debtor Operational Creditor Indian Income Tax Title Kerala High Court Companies Act Order Resolution Professional Company Judicial Resolution Plan 2024 State New Delhi Held Nclt Ors Scheme Bench Parliament Rera Chairperson Nclat Code Himachal Pradesh Ian Member Ipa Reserve Bank Madras High Court Insolvency Proceedings Ssa Irp Income Tax Department Tangedco Liquidator Sra Crpc Jal Dy Chandrachud 2024 Livelaw Coc Section 7 Of Telangana High Court Deputy Commissioner Sessions Case Title Civil Appeal Nos Manoj Misra Civil Appeal No Calcutta High Court Jet Airways Section 9 Section 7 Cirp Operational Creditors Financial Creditors Principal Bench Section 14 Section 5 No Right State Bank Sanjiv Khanna Section 340 Technical Member Justice Ashok Bhushan Company Appeal Barun Mitra Liquidation Process Resolution Applicant Ibbi Scc Private Limited New Delhi Bench Case Number Relevant Date State Bank Of India Judicial Member Chennai Bench Form B Cirp Regulations Financial Creditor Section 230 Post Approval Demand Notice Nclat Delhi Jaypee Infratech Retail Limited Shri Arun Baroka Bankruptcy Board Indevar Pandey Jaypee Kumar Jain Justice Manoj Misra Second Proviso Justice Yogesh Khanna Ibc Proceedings Shreesha Merla Some Connection Committee Of Creditors Justices Sanjiv Khanna Cersai Financial Debt Shri Barun Mitra Corporate Insolvency Resolution Process Dipankar Datta Sharad Kumar Sharma Delhi Bench Partha Sarathy Sarkar Bankruptcy Code Superintending Engineer Interim Resolution Professional Jatindranath Swain Clean State Theory Development Agreement Partial Payments Technical Members Naresh Salecha Suspended Director Section 31 Its Inherent Powers Undisclosed Creditors Nsez Somasekhar Sundaresan Form C Case Reference Mmo Its Subsidiary Yogesh Khanna Ibc Cases Tax Proceedings  insolvency  corporate  2024  company  title  member  bench  annual  court  digest  ibc  cases  resolution  justice  held

History of this topic

'IBC A Complete Code' : Supreme Court Disapproves Of High Court Exercising Writ Jurisdiction To Interdict CIRP
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1 month, 2 weeks ago
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1 month, 2 weeks ago
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1 month, 3 weeks ago
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1 month, 3 weeks ago
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1 month, 4 weeks ago
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1 month, 4 weeks ago
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2 months ago
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2 months ago
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2 months ago
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2 months, 1 week ago
Income Tax Notice for Past Dues Extinguished in NCLT Kolkata Case
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5 months ago
Claims Submitted After Resolution Plan Approval Including Related Moratorium Period Not Allowed Under IBC: NCLT Bengaluru
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