Supreme Court: Uncrystallized Contractual Damages Not an Operational Debt under Section 9 IBC  ||  Supreme Court: Interest Accrued in Suspense Account After NPA Classification is Recoverable as Debt  ||  Supreme Court: S.69 GST Arrest Order with “Reasons to Believe” Must Precede Arrest  ||  Supreme Court: Winding-Up Proceedings Period Cannot be Excluded under Section 14 Limitation Act  ||  Supreme Court: Separate Appeals Unnecessary Against Common Judgment on Suit and Counterclaim  ||  Supreme Court: Unsuccessful Party Can Seek Post-Award Section 9 Relief in Exceptional Cases  ||  Delhi HC Rejects Black Money Act Challenge, Imposes Rs. 60,000 Costs over Prosecution Avoidance  ||  Delhi HC Affirms Teacher's POCSO Conviction, Urges Schools to Encourage Children to Speak Up  ||  Kerala HC: NGO Funding Peaceful Protests Can't Justify FCRA Renewal Denial  ||  Delhi HC: Courts Cannot Judge Sufficiency of Material For Issuing Look Out Circular    

INSOLVENCY - NCLT Seeks Views on Sterling Biotech Promoters’ Offer - (15 Mar 2019)

INSOLVENCY

National Company Law Tribunal (NCLT) has directed government, regulators, and investigation agencies to clear their stand before dedicated bankruptcy court decides on the legality of the one-time settlement (OTS) offer of the absconding promoters of Sterling Biotech.

Tags : NCLT   STERLING BIOTECH PROMOTERS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved