SC: Public Premises Act Prevails over State Rent Laws For Evicting Unauthorised Occupants  ||  SC: Doctors Were Unwavering Heroes in COVID-19, and Their Sacrifice Remains Indelible  ||  SC Sets Up Secondary Medical Board to Assess Passive Euthanasia Plea of Man in Vegetative State  ||  NCLAT: Amounts Listed As ‘Other Advances’ in Company’s Balance Sheet aren’t Financial Debt under IBC  ||  NCLT Ahmedabad: Objections to Coc Cannot Bar RP From Challenging Preferential Transactions  ||  J&K&L HC: Courts Should Exercise Caution When Granting Interim Relief in Public Infrastructure Cases  ||  Bombay HC: SARFAESI Sale Invalid if Sale Certificate is Not Issued Prior to IBC Moratorium  ||  Supreme Court: Police May Freeze Bank Accounts under S.102 CrPC in Prevention of Corruption Cases  ||  SC: Arbitrator’s Mandate Ends on Time Expiry; Substituted Arbitrator Must Continue After Extension  ||  SC: Woman May Move Her Department’s ICC For Harassment by Employee of Another Workplace    

NCLT, Mumbai: Retired Partner Cannot Initiate Resolution Proceedings to Claim Retirement Dues - (02 Mar 2022)

INSOLVENCY

National Company Law Tribunal, Mumbai has rejected the Section 9 application filed by the Operational Creditor on the ground that a retired partner cannot initiate proceedings under Section 9 of the Insolvency and Bankruptcy Code, 2016 to claim retirement dues against other partners or the Firm.

Tags : NATIONAL COMPANY LAW TRIBUNAL   RETIRED PARTNER. RETIREMENT DUES  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved