Supreme Court: Banks Cannot Effectively Blacklist Lawyers by Placing Them on Caution Lists  ||  Madras HC: Advocates Can't Seek Out-of-Turn Case Listing Through Writ Petitions  ||  J&K&L HC: Vehicle Can't Remain in Police Custody During NDPS Trial over Possible Confiscation  ||  J&K&L HC: Prolonged Stagnation in Small Cadres Does Not Grant Right to Promotion  ||  Delhi HC Rejects Bail Plea of Athar Khan in Alleged Delhi Riots Conspiracy  ||  Delhi HC Full Bench: School Employee's Suspension Ends if DOE Approval Isn't Given in 15 Days  ||  Allahabad HC: Mere Note of Failed Conciliation Not Sufficient for Lok Adalat Proceedings  ||  Delhi HC: Govt Created 'Utter Chaos' in OBC Reservation Rules Through Conflicting Notifications  ||  Calcutta HC: Acceptance of Rent After Quit Notice Doesn't Waive Tenancy Termination  ||  Delhi HC Flags EFI Selection Criteria Breach in Asian Games Dressage Team, Declines to Interfere    

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