Delhi High Court Directs to Take Down YouTuber 'Defamatory' Video on Sadhguru, Isha Foundation  ||  Bombay HC Upholds Suspension of TISS Student for Participating in Anti-National' Activities  ||  Ker. HC: Eviction Can be Overturned Only When Subsequent Events Completely Negate Landlord’s Needs  ||  Delhi HC: Enquiry u/s 11 of A&C Act Limited to Existence of Arbitration Agreement  ||  Bom HC: DGP to Investigate ‘False Rape Cases Racket’ Allegedly Run by Cop and Women Lawyers  ||  Ker. HC: Even If No Offence Revealed During Probe, CBI Can File Final Report  ||  Ker. HC: When Acts Constitute Offence, Shutting Doors of Criminal Court would be Travesty of Justice  ||  AP HC: Order of License Suspension Can’t Partake Character of License Cancellation  ||  P&H HC: It is Mortgagee’s Inherent Right to Put Property on Public Auction on Failure of Payment  ||  J&K High Court: Courts Can’t Compel Employer to Extend Contractual Relationship Once it Ends    

SC: NCLT Has to Admit Section 7 Petition if Debt is Due - (15 May 2023)

COMPANY

Supreme Court while observing that even non¬-payment of a part of debt when it becomes due and payable will amount to default on part of a Corporate Debtor? has held that in such a case, an order of admission under Section 7 of Insolvency and Bankruptcy Code must follow.

Tags : SUPREME COURT   CORPORATE DEBTOR   INSOLVENCY AND BANKRUPTCY CODE  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved