Calcutta HC Confirms KMC Can Revise Property Valuation to Levy Tax In ?11.24 Crore Dispute  ||  Bom HC Cancels Bail of Accused Supplying Fake Medicines, Says it Weakens Public Trust in Healthcare  ||  MP HC: Oral, Anal Sex Between Married Couples Not Punishable under Section 377 IPC  ||  SC Says Respect For Higher Court Orders a Basic Principle, Rebukes Authority For Revisiting Order  ||  SC: Merits of Foreign Arbitral Awards Cannot be Re-Examined During Enforcement Proceedings  ||  SC: Failure to Sign Charge Sheet Doesn’t Invalidate Trial if Charges Were Properly Read to Accused  ||  Delhi HC: Bipolar Disorder Alone Does Not Qualify as Medical Disability Without Benchmark Criteria  ||  Kerala HC: Excommunicating Knanaya Catholics For Marrying Outside the Community is Unconstitutional  ||  Kerala HC: Temporary Use of Religious Land For Public Infrastructure is Not a ‘Transfer’ under Law  ||  P&H HC: Habeas Plea in Child Custody Case Not Maintainable if Child is With Natural Guardian and Safe    

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