Del. HC: Litigation Related to Tenancy Unfortunately Takes More Than a Decade to Fructify  ||  Jh. HC: Process of Constituting Transgender Welfare Board Must be Expedited  ||  Bom. HC: Can’t Open Reassessment Based on Reasons from Other Departments or Commission Report  ||  Del. HC: Proper Officer Empowered to Grant Upto 3 Adjournments if Sufficient Cause Shown  ||  Order to Terminate Pregnancy of Minor Rape Survivor, Recalled by Supreme Court  ||  Licenses of 14 Patanjali and Divya Pharmacy Products Suspended by Uttarakhand Licensing Authority  ||  PIL Seeking ‘Authoritative Interpretation’ of Section 66 PMLA Refused by Delhi High Court  ||  All. HC: Can’t Declare Transaction Benami on Contractor’s Statement Without Relevant Material  ||  Del. HC: Denying ITC to Taxpayers One of the Outcomes of GST Registration Cancell. with Retrospect  ||  Cal HC: Penalty Amount on Higher Value than Invoice Value Can’t be Computed by GST Dep. w/o Evidence    

SC: Delay in Filing CIRP Application Can be Condoned on Giving Sufficient Reasons - (05 Jan 2023)

INSOLVENCY

Supreme Court while observing that Limitation Act, 1963 is applicable to applications filed under Sections 7 and 9 of IBC, has held that delay in initiating Corporate Insolvency Resolution Process (CIRP) is condonable on sufficient grounds.

Tags : SUPREME COURT   CIRP   DELAY   CONDONE  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved