A Delhi Court has dismissed the plea filed by real estate barons Sushil Ansal, Gopal Ansal and others seeking suspension of their 7 years jail term in the evidence tampering case in connection with the Uphaar fire tragedy that happened in the year 1997.Additional Sessions Judge Anil Antil observed that the offence was an outcome of a calculated design on …
The National Company Law Appellate Tribunal very recently on 14.8.2020,in the case of Sushil Ansal v Ashok Tripathi seems to dilute the interests of Decree Holders under IBC. Answering the same it held that; "The answer to the question whether a decree-holder would fall within the definition of 'Financial Creditor' has to be an emphatic 'No' as the amount claimed …
