NCLAT: Corporate Debtor’s Guarantor Liability Unchanged Despite Internal Adjustments Among Creditors  ||  NCLAT: Plea under IBC Section 7 Can't Be Restored After Corporate Debtor Pays Principal & Interest  ||  Delhi HC: Wife Can Be Denied Maintenance If She Fails To Submit Latest Salary Slips  ||  Kerala HC: Income of Parent Who Abandoned Family Shouldn’t Count For EWS Reservation Eligibility  ||  Gujarat HC: Writ Courts Interfering in Arbitral Procedure Orders Defies A&C Act’s Purpose  ||  Delhi HC: Plaintiff Doesn’t Have Vested Right to File Rejoinder under CPC  ||  J&K&L HC: Name Change Is Fundamental Right; Boards Must Consider Legal Documents, Not Reject Request  ||  SC: Administrative Delays by State Agencies Must Not Be Condoned  ||  Sc: When Sale Deed Is Void, Possession Suit Follows 12-Year Limitation under Article 65, Not Art 59  ||  SC: Preliminary Inquiry Report Can’t Stop Court from Directing FIR Registration    

NCLT Orders JAL to Return Land to Jaypee Infra - (18 May 2018)

Allahabad bench of National Company Law Tribunal (NCLT) has ordered that 858 acres of land of bankrupt Jaypee Infratech which was transferred by the firm to its holding company Jaiprakash Associates be transferred back to the former as the transfer was “fraudulent, preferential and undervalued”.

Tags : NATIONAL COMPANY LAW TRIBUNAL   JAL  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved