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RP PETITION
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...- 8th Pay Commission, OPS and rising court cases: 7 issues key central government employee body raised in its 49th annual meetThe 49th annual meeting of the NC-JCM, presided by Cabinet Secretary TV Somanathan, addressed key central government employee concerns. Dis...
- Only Ambuja in fray for Jaypee Cement, submits Rs 580 crore bidIn a surprising turn of events, Ambuja Cements, part of the Adani Group, has put in a bid of Rs 580 crore for Jaypee Cement. However, this ...
- Vedanta's plea indirectly challenges commercial wisdom of CoC: Adani to NCLATAdani Enterprises told NCLAT the Jaiprakash Associates resolution process followed due procedure, with evaluation metrics disclosed upfront...
- Selection process of bidder for JAL was fair, transparent & not tailor made: Lenders to NCLATLenders defended their decision to select Adani Enterprises as the successful bidder for Jaiprakash Associates, telling the NCLAT that the ...
- Vedanta was never declared highest bidder for Jaiprakash Associates: RP to NCLATJaiprakash Associates insolvency proceedings see a dispute over Vedanta's claim as highest bidder. The resolution professional told the NCL...
- NCLT orders insolvency proceedings against Venugopal Dhoot as personal guarantorInsolvency proceedings have begun against Venugopal Dhoot, former chairman of Videocon. The National Company Law Tribunal directed this act...
- NCLT orders status quo on Aakash Institute shareholding amid legal disputeThe National Company Law Tribunal (NCLT) ordered Aakash Institute to maintain the status quo on its shareholding amidst a dispute over amen...
- Court dismisses Delhi Minister Kapil Mishra's plea against summoning order in MCC violation caseDelhi Law Minister Kapil Mishra's revision plea was dismissed by the Rouse Avenue Court. He had challenged the trial court's cognizance and...
- NCLT orders Byju’s to file BCCI plea with committee of creditorsThe move by the BCCI follows a Supreme Court of India ruling on October 23, which quashed a National Company Law Appellate Tribunal (NCLAT)...
- NCLT reserves ruling on Byju’s creditor appeals, BCCI insolvency petitionGlas Trust and Aditya Birla Finance were initially part of Byju's CoC. Later, when insolvency resolution professional Pankaj Srivastava rec...
- Byju’s US lenders ask NCLT to reject BCCI plea to withdraw insolvency petitionGlas Trust challenges the maintainability of Byju's insolvency withdrawal application, arguing it should be submitted by the IRP before CoC...
- Byju's lenders oppose Aakash EGM on WednesdayQuestions resolution professional’s nod for Byju Raveendran to represent Think & Learn on Aakash’s board; says it violates the principle of...
- HC issues show-cause notice to Go First resolution professional on non-maintenance of aircraftThe high court said the RP (Resolution Professional) cannot plead difficulties in the implementation of the October 12, 2023, judgment afte...
- Delhi HC issues contempt notice to Go First RPDelhi HC issued showcause notice to Go First RP Shailendra Ajmera for non-compliance of orders regarding maintenance of aircraft leased to ...
- Contempt plea on non-maintenance of aircraft: HC asks Go First RP to file affidavitThe HC noted that there were eight other lessors also facing similar issues with regard to inspection, maintenance and access of documents....
- Most Future Enterprises lenders back Avil Menezes as resolution professionalThe National Company Law Tribunal (NCLT) had appointed Jitender Kothari as the interim resolution professional (IRP) in February when FEL w...
- NCLAT sets aside liquidation of Febris Multispeciality Hospital; orders probe into RP's conductThe appellate tribunal has set aside an order passed by NCLT for liquidation of Febris Multispeciality Hospital and said, the "matter is re...
- NCLT allows RP 90 more days to complete RCom insolvencyRP petitioned for an extension as its 180 days period to complete RCom's resolution would get over in Oct.
- Dalmia company Renaissance Steel questions Vedanta, Tatas’ bidThe Dalmia firm has claimed that it came to know that two RAs — Vedanta and Tata Steel — are not eligible to bid according to Section 29A o...
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