The National Company Law Appellate Tribunal Delhi, comprising Justice Ashok Bhushan and Mr. Arun Baroka held that the Adjudicating Authority can extend payment timelines under the Resolution Plan without the express concurrence of the Committee of Creditors. NCLAT Verdict: The NCLAT New Delhi allowed the appeal and held that the Adjudicating Authority can extend payment timelines under the Resolution Plan …
The Supreme Court Constitution Bench comprising Justices N V Ramana, Sanjay Kishen Kaul, R Subhash Reddy, B R Gavai and Surya Kant has commenced the hearing of the petitions challenging the Presidential Orders under Article 370 which revoked the special status of Jammu and Kashmir. "Whether using the temporary, ameliorative and restorative power of President's Rule, an irreversible change can …