Karnataka HC: State Has Fundamental Duty to Supply Drinking Water Fit for Human Consumption  ||  Raj. HC: Can’t Extend ‘Child Specific’ Safeguards to Victim to Attaining Majority During Trial  ||  Delhi High Court: Sadhguru Seeks Protection against Infringement of his Personality Rights  ||  Delhi High Court Tells Mohak Mangal to Remove Words like ‘Gunda Raj’ from Video against ANI  ||  Supreme Court Clarifies Observations on Mumbai Gateway of India Jetty Project  ||  Supreme Court Expresses Concern Over Delay by Delhi HC in Deciding Bail Plea  ||  SC Quashes Rape Case against Man Who Backed Out from Marriage  ||  Allahabad High Court Refers Question on High Court's Power to Quash FIR to 9-Judge Bench  ||  Delhi HC: Online Applications for ‘No Entry Permits’ Must be Scrutinised  ||  Delhi High Court: It is Not Necessary to Use Trademark in Physical Form    

NCLT, Mumbai: Co-Operative Society Is Not a Corporate Person Under IBC - (14 Feb 2022)

INSOLVENCY

National Company Law Tribunal, Mumbai has dismissed an application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 against Sangola Taluka Sahakari Sakhar Karkhana Limited/Corporate Debtor on the ground that the same is a Co-Operative Society, and hence is not a Corporate Person to whom IBC applies.

Tags : NATIONAL COMPANY LAW TRIBUNAL   CO-OPERATIVE SOCIETY  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved