Delhi HC Rejects Plea Against BCCI Team Named 'Team India', Terms it a Sheer Waste of Time  ||  Bombay HC: No Absolute Right for Citizens to Access Public Offices  ||  Delhi HC: Suit Withdrawal After Compromise Doesn’t Result in Executable Decree  ||  Delhi HC: ITSC Abolition Doesn’t Void Settlement Pleas Filed Between Feb 1–Mar 31, 2021  ||  Rajasthan HC: State Must Set Up Trauma Centre, Art Institute; Temple Board Can Only Assist  ||  Kerala HC: LIC Cancer Cover Starts From First Diagnosis After Waiting Period, Not Expert Opinion  ||  Kerala HC: Spouse’s Ill Treatment of Children is Cruelty under Section 10(1) Divorce Act  ||  Supreme Court Acquits Chennai Man Sentenced to Death in Child Rape-Murder Case  ||  SC: Only Disclosure Leading to Weapon Recovery Admissible under Section 27 Evidence Act  ||  Supreme Court Orders Strict Enforcement on Helmets, Lane Discipline & Headlight Use    

NCLAT: In absence of privity of contract, application u/s 9 of IBC not maintainable - (28 Mar 2025)

INSOLVENCY

The National Company Law Appellate Tribunal (NCLAT) has observed that where there is no privity of contract or any sort of Debtor-Creditor relationship between the Applicant and CD, the application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 is not maintainable.

Tags : PRIVITY OF CONTRACT   MAINTAINABILITY OF APPLICATION   DEBTOR-CREDITOR RELATIONSHIP   THE INSOLVENCY AND BANKRUPTCY CODE   2016  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved