Ori. HC: In Maintenance Proceedings it is Mandatory to File Affidavit Disclosing Assets  ||  Gau. HC Asks State if Minor Mineral Rules Stipulate Action Against Contractor for Illegal Mining  ||  Ker. HC: No Bar on Cheque Dishonour Proceedings Due to Moratorium During Insolvency Process  ||  Calcutta HC Orders Fresh Trial in Cases Related to Murder & Possession of Illegal Weapons  ||  Kar. HC: Union to Inform about Further Steps Taken to Stop Illegal Use of ‘Proton Mail’  ||  Del. HC: Arbitral Award Upheld against IRCTC in Issue Over Reimbursement For Catering Services  ||  Del. HC: Arbitral Award Upheld against IRCTC in Issue Over Reimbursement For Catering Services  ||  Bom. HC: Can Apply Business Efficacy Test if Ambiguity in Arbitration Agreement  ||  Madras HC: Directions Issued to Clear Backlog of Cheque Bounce Cases  ||  SC: Amendment to CST Act Ceasing Right of Govt. to Grant Exemption to be Applicable Prospectively    

NCLAT: Recovery Proceedings before DRT doesn’t Prohibit Financial Creditors from Filing App. u/s 7 - (17 Jan 2025)

INSOLVENCY

NCLAT New Delhi bench has held that if recovery proceedings have been initiated before the Debt Recovery Tribunal (DRT) it does not prohibit Financial Creditors from filing application under Section 7 of Insolvency and Bankruptcy Code, 2016.

Tags : NCLAT NEW DELHI   FINANCIAL CREDITORS   RECOVERY PROCEEDINGS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved