MP High Court: Railways Liable for Deaths on Tracks if it Fails to Take Preventive Measures  ||  Ker HC: NDPS Case Stands Even if Contraband Listed in Ml, if Chemical Report Shows Equivalent Weight  ||  Kerala HC: Father’s Retirement Benefits Can Be Attached for Child Maintenance Despite S.60(1)(g) CPC  ||  Supreme Court: A Decree Declared 'Nullity' Can be Challenged at Any Stage, Including Execution  ||  SC Explains How 'Intention' & 'Knowledge' Decide if S.304 IPC Offence is Culpable Homicide Not Murder  ||  NCLAT New Delhi: Public Auction Not Required for Sale of Encumbered Assets if Charge Holders Consent  ||  SC: Rejection of Plaint is Appealable, but no Appeal Lies Against Order Refusing to Reject Plaint  ||  SC Mulls Guidelines After Accused in Lawyers’ Robes Commits Murder in Court Premises  ||  Supreme Court: Subsequent Purchaser Without Due Verification Bound by Previous Sale Agreement  ||  SC: Service Tax Not Applicable on Transfer of Title in Immovable Property    

NCLAT: Can’t Interfere with CoC’s Commercial Wisdom to Distribute Amount Based on Security Interest - (03 Feb 2025)

INSOLVENCY

NCLAT New Delhi has observed that if the provisions of Insolvency and Bankruptcy Code, 2016 are complied with then there cannot be interference in the commercial wisdom of the CoC to distribute the amount under the Resolution Plan based on security interest of the respective financial creditors.

Tags : NCLAT NEW DELHI   COMMERCIAL WISDOM   SECURITY INTEREST  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved