Delhi HC: Non-Proof of Hearing Notice Dispatch Doesn’t by Itself Show no Personal Hearing Was Given  ||  Delhi High Court: No Construction or Residence Allowed on Yamuna Floodplains, Even For Graveyards  ||  J&K High Court: Right to Speedy Trial Includes Appeals; Closes 46-Year-Old Criminal Case Due to Delay  ||  J&K High Court: Courts Must Not Halt Corruption Probes, Refuses to Quash FIR  ||  J&K&L HC: Matrimonial Remedies May Overlap, But Cruelty Claims Cannot be Selectively Invoked  ||  Delhi High Court: Customs Officials Acting Officially Cannot be Cross-Examined as of Right  ||  J&K&L HC: Second Arbitral Reference is Maintainable if Award is Set Aside Without Deciding Merits  ||  J&K&L HC: Gold Voluntarily Given to Customer is 'Entrustment'; Theft Excluded from Insurance Cover  ||  Delhi HC: Working Mothers Cannot be Forced to Bear Full Childcare Burden While Fathers Evade Duty  ||  J&K&L HC: Arbitral Tribunal Not a “Court”; Giving False Evidence Before it Doesn’t Attract S.195 CrPC    

NCLAT Upholds NCLT Order to Initiate Insolvency Against Aditya Estates - (09 Sep 2019)

INSOLVENCY

National Company Law Appellate Tribunal (NCLAT) has rejected a plea challenging National Company Law Tribunal’s (NCLT's) order to initiate insolvency proceedings against Aditya Estates over the claims filed by ICICI Bank UK PLC. A three-member bench of NCLAT the order of NCLT and dismissed the claims of Aditya Kumar Jajodia that ICICI Bank UK PLC was not a direct financial creditor of Aditya Estates.

Tags : NCLAT   ADITYA ESTATES  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved