SC: Revisional Jurisdiction Cannot Correct Factual Errors Despite Alleged Concealment  ||  Supreme Court: Wrong Statement in Pleadings is Not Always a False Statement, Perjury Case Quashed  ||  SC: Under JJ Act, Murder Falls Within Heinous Offences; S. 302 IPC Prescribes Minimum Life Sentence  ||  Supreme Court: Cognisance of FERA Complaint is Invalid Without Prior Notice to the Accused  ||  Supreme Court: Terror Cases Cannot Curtail Constitutional Safeguards and the Right to Fair Trial  ||  Supreme Court: Terror Cases Cannot Curtail Constitutional Safeguards and the Right to Fair Trial  ||  SC Upheld Husband's Conviction For Murdering His Wife over an Extramarital Affair  ||  J&K&L High Court: Mere Admission of Issuing Cheque is Not a Plea of Guilt under S.138 NI Act  ||  Calcutta HC: Aadhaar Card Prima Facie Establishes Occupation; Demolition Without Notice is Unlawful  ||  Gauhati High Court: Wildlife Law Doesn't Bar Trade in Unprotected Ornamental Fish Species    

NCLAT: Can’t Change Related Party Status Estb. through Agreement by Sending Notice against Terms - (18 Feb 2025)

INSOLVENCY

NCLAT New Delhi bench has held that by sending a termination notice against the expressed terms of the agreement, related party status established through an agreement under Section 5(24) of the Insolvency and Bankruptcy Code, 2016 (IBC) cannot be changed.

Tags : NCLAT NEW DELHI   RELATED PARTY STATUS   TERMINATION NOTICE  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved