NCLAT: Can Seek Eviction of Tenant from Corporate Debtor's Property under Tenancy Law  ||  NCLAT: For Calculating Limitation Period, Period from 15.3.2020 to 28.2.2022 shall stand excluded  ||  NCLAT: Adjudicating Authority Can’t Decide Workers' Claims for Layoff Period Dues under ID Act  ||  NCLAT: While Dismissing Appeal for Non-Prosecu., Adj. Authority Can’t Direct Dismissal on Merits Too  ||  NCLAT: Claims Subsequent to Cut-off Date to be Dealt as Per RP by Adjudicating Authority  ||  NCLAT Upholds Canara Bank’s Claims for Loans Advanced to CD on behalf of Homebuyers  ||  Allahabad HC Stays Criminal Proceedings on Ground of Inordinate Delay Caused by State  ||  Ker. HC Declares Rule 12(9) of the Kerala Paddy Land and Wetland Rules as Ultra Vires  ||  Del. HC: Support to Terrorist Organisation through Money or Networking is Prohibited under UAPA  ||  HP HC: Mentioning of Wong Provision Not Fatal to Application    

SC: Admission of Claims After Acceptance of RP by CoC will Make CIRP an Endless Process - (12 Sep 2023)

INSOLVENCY

Supreme Court has held that if claims are admitted after resolution plan (RP) has been accepted by the Committee of Creditors (COC) under Insolvency and Bankruptcy Code, 2016, it would make Corporate Insolvency Resolution Process (CIRP) an endless process.

Tags : SUPREME COURT   CIRP   RESOLUTION PLAN   COMMITTEE OF CREDITORS   CLAIMS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved