Supreme Court Insolvency Proceedings
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Top Court Reverses Tribunal Order On Byju's- BCCI Rs 158 Crore Settlement
The Supreme Court on Wednesday set aside National Company Law Appellate Tribunal's verdict that had stopped insolvency proceedings against embattled ed-tech firm Byju's.
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'You Have Rs 15,000 Crore Due Why Only Settle BCCI's': Supreme Court To Byju's
The Supreme Court has questioned whycrisis-hit ed-tech major Byju's chose to settle its dues only with the BCCI despite beingin Rs 15,000 crore debt.
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Another Setback To Byju Raveendran, Supreme Court Revives Insolvency Proceedings
The Supreme Court on Wednesday revived insolvency proceedings against Byju's by putting a previous tribunal order on hold, in a victory for US lenders that say they are owed $1 billion by the education technology company.
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Supreme Court Upholds Validity Of Key Provisions Of Insolvency And Bankruptcy Code
The Supreme Court upheld certain key provisions of the Insolvency and Bankruptcy Code which were challenged on grounds of being violative of fundamental rights like the right to equality of those against whom insolvency proceedings are initiated.
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Will Protect Homebuyers' Interest In Supertech Case: Supreme Court
The Supreme Court on Monday assured that it will protect the interest of homebuyers in Supertech's twin tower in view of the Interim Resolution Professional (IRP) appointed in the insolvency proceedings against the real estate company.
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Supreme Court To Hear Future Retail's Plea On Lenders' Non-Performing Assets
The Supreme Court on Tuesday asked a consortium of banks to file an affidavit on a fresh petition of Future Retail Ltd. (FRL) seeking quashing of lenders' letters warning initiation of insolvency proceedings against it.
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Top Court Upholds Centre's Order, Permits Banks To Proceed Against Personal Guarantors Under IBC
Upholding the validity of the notification, the top court ruled that initiation of an insolvency resolution plan for a company does not absolve corporate guarantees given by individuals from paying up the dues to financial institutions.
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How To Recover Dues From Firms Facing Insolvency? Top Court To Telecom Department
The Supreme Court on Monday asked Department of Telecom (DoT) to apprise it as how it plans to recover Adjusted Gross Revenue (AGR) related dues from telecom companies facing insolvency proceedings and whether spectrum given to these companies can be sold.
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Vijay Mallya Can't Use Pending Plea To Stall Insolvency Proceedings: Supreme Court
The Supreme Court Monday said fugitive economic offender Vijay Mallya cannot use pendency of his plea in the top court to stall insolvency proceedings initiated against him by lenders in other countries.
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Vijay Mallya Cannot Use Pendency Of Plea To Stall Verdict In UK: Top Court
The Supreme Court on Monday said that Vijay Mallya cannot use pendency of his plea in the top court to stall insolvency proceedings initiated against him in other jurisdictions.
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Don't Start Insolvency Proceedings Against Power Firms: Supreme Court
The Supreme Court on Tuesday asked banks to maintain status quo and not to initiate insolvency proceedings against loan defaulting power companies in the country.
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Top Court Denies Jaiprakash Associates From Bidding For Jaypee Infratech
The Supreme Court on Thursday said that the promoters of Jaiprakash Associates cannot bid for Jaypee Infratech, which is facing insolvency proceedings before the National Company Law Tribunal (NCLT).
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Deal With Insolvency Proceedings Against Jaypee: Top Court To Tribunal
In a setback to the Jaypee group, the Supreme Court today asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings against Jaypee Infratech Ltd (JIL) and barred the group or its promoters from participating in the fresh bidding process.
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Tribunal Given 180 Days To Finish Insolvency Proceedings Against Jaypee Group
The top court also allowed RBI to direct banks to initiate separate insolvency proceedings against JIL's holding company Jaiprakash Associate Limited.
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Binani Industries Moves Supreme Court For Out-Of-Court Settlement With UltraTech
The firm has also asked for termination of insolvency proceedings against Binani Cements.
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Top Court Reverses Tribunal Order On Byju's- BCCI Rs 158 Crore Settlement
The Supreme Court on Wednesday set aside National Company Law Appellate Tribunal's verdict that had stopped insolvency proceedings against embattled ed-tech firm Byju's.
-
'You Have Rs 15,000 Crore Due Why Only Settle BCCI's': Supreme Court To Byju's
The Supreme Court has questioned whycrisis-hit ed-tech major Byju's chose to settle its dues only with the BCCI despite beingin Rs 15,000 crore debt.
-
Another Setback To Byju Raveendran, Supreme Court Revives Insolvency Proceedings
The Supreme Court on Wednesday revived insolvency proceedings against Byju's by putting a previous tribunal order on hold, in a victory for US lenders that say they are owed $1 billion by the education technology company.
-
Supreme Court Upholds Validity Of Key Provisions Of Insolvency And Bankruptcy Code
The Supreme Court upheld certain key provisions of the Insolvency and Bankruptcy Code which were challenged on grounds of being violative of fundamental rights like the right to equality of those against whom insolvency proceedings are initiated.
-
Will Protect Homebuyers' Interest In Supertech Case: Supreme Court
The Supreme Court on Monday assured that it will protect the interest of homebuyers in Supertech's twin tower in view of the Interim Resolution Professional (IRP) appointed in the insolvency proceedings against the real estate company.
-
Supreme Court To Hear Future Retail's Plea On Lenders' Non-Performing Assets
The Supreme Court on Tuesday asked a consortium of banks to file an affidavit on a fresh petition of Future Retail Ltd. (FRL) seeking quashing of lenders' letters warning initiation of insolvency proceedings against it.
-
Top Court Upholds Centre's Order, Permits Banks To Proceed Against Personal Guarantors Under IBC
Upholding the validity of the notification, the top court ruled that initiation of an insolvency resolution plan for a company does not absolve corporate guarantees given by individuals from paying up the dues to financial institutions.
-
How To Recover Dues From Firms Facing Insolvency? Top Court To Telecom Department
The Supreme Court on Monday asked Department of Telecom (DoT) to apprise it as how it plans to recover Adjusted Gross Revenue (AGR) related dues from telecom companies facing insolvency proceedings and whether spectrum given to these companies can be sold.
-
Vijay Mallya Can't Use Pending Plea To Stall Insolvency Proceedings: Supreme Court
The Supreme Court Monday said fugitive economic offender Vijay Mallya cannot use pendency of his plea in the top court to stall insolvency proceedings initiated against him by lenders in other countries.
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Vijay Mallya Cannot Use Pendency Of Plea To Stall Verdict In UK: Top Court
The Supreme Court on Monday said that Vijay Mallya cannot use pendency of his plea in the top court to stall insolvency proceedings initiated against him in other jurisdictions.
-
Don't Start Insolvency Proceedings Against Power Firms: Supreme Court
The Supreme Court on Tuesday asked banks to maintain status quo and not to initiate insolvency proceedings against loan defaulting power companies in the country.
-
Top Court Denies Jaiprakash Associates From Bidding For Jaypee Infratech
The Supreme Court on Thursday said that the promoters of Jaiprakash Associates cannot bid for Jaypee Infratech, which is facing insolvency proceedings before the National Company Law Tribunal (NCLT).
-
Deal With Insolvency Proceedings Against Jaypee: Top Court To Tribunal
In a setback to the Jaypee group, the Supreme Court today asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings against Jaypee Infratech Ltd (JIL) and barred the group or its promoters from participating in the fresh bidding process.
-
Tribunal Given 180 Days To Finish Insolvency Proceedings Against Jaypee Group
The top court also allowed RBI to direct banks to initiate separate insolvency proceedings against JIL's holding company Jaiprakash Associate Limited.
-
Binani Industries Moves Supreme Court For Out-Of-Court Settlement With UltraTech
The firm has also asked for termination of insolvency proceedings against Binani Cements.
