Web31 Mar 2024 · The SC gave a purposive interpretation to the words ‘as far as may be’ as used in section 238A of IBC, which must be understood in the sense in which they best harmonise with the subject matter and object of the legislation. [1] Relying on S.A.L. Narayan Rao v. Ishwarlal Bhagwandas, AIR 1965 SC 1818 and disagreeing with Ishrat Ali v. Web13 Apr 2024 · Effective from 01.12.2016 (1) Notwithstanding anything to the contrary contained under the Companies Act 2013, any person aggrieved by the order of the Adjudicating Authority under this part may prefer an appeal to the National Company Law Appellate Tribunal.
IBC Code and Limitation Act - CAclubindia
http://corporatelawreporter.com/companies_act/section-66-of-companies-act-2013-reduction-of-share-capital/ Web13 Apr 2024 · OFFENCES AND PENALTIES (Section 68 to 77) PART III: INSOLVENCY RESOLUTION AND BANKRUPTCY FOR INDIVIDUALS AND PARTNERSHIP FIRMS Chapter I. PRELIMINARY (Section 78 & 79) Chapter II. FRESH START PROCESS (Section 80 to 93) Chapter III. INSOLVENCY RESOLUTION PROCESS (Section 94 to 120) Chapter IV. christmas rum cake recipe indian
SBI v. Mor Farms Pvt. Ltd.(through Mr. Anil Kohli, RP) - Casemine
Web11 Apr 2024 · IBC Section 38-Consolidation of claims. Effective from 15.12.2016 (1) The liquidator shall receive or collect the within a period of thirty days from the date of the commencement of the liquidation process. (2) A financial creditor may submit a claim to the liquidator by providing a record of such claim with an information utility: Web2 Sep 2024 · The corporate insolvency resolution provisions of the Insolvency and Bankruptcy Code, 2016 ( IBC) came into force on December 1, 2016. Nine months later, the Supreme Court has passed a detailed judgment in the matter of M/s Innoventive Industries Ltd. vs. ICICI Bank noting the paradigm shift in law brought about by the IBC and putting … Web6 Sep 2024 · It is submitted that the Resolution Professional was bound to bring such transaction to the notice of this Tribunal in terms of Section 66 of the Insolvency and Bankruptcy Code, 2016. Having heard learned counsel for the Resolution Professional, we find that there is nothing on record to show that the conditions provided for in Section 66 … get into pc powerdirector