Search Results for Tag : Financial Creditors

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Supreme Court Upholds Homebuyers' Status of Financial Creditors(09.08.2019)

Supreme Court has upheld the Government's decision to grant homebuyers the status of financial creditors, thereby enabling them to claim their dues wh.....

Tags : Supreme Court, Financial Creditors

SC: Entries in Balance Sheet of Corporate Debtor Can be Treated as Acknowledgment of Liability(02.08.2022)

Supreme Court has held that the entries in Books of Account/Balance sheet of a company can be treated as acknowledgement of liability in respect of de.....

Tags : Supreme Court, Balance Sheet, Liability, Financial Creditors

NCLAT: Recovery Proceedings before DRT doesn’t Prohibit Financial Creditors from Filing App. u/s 7(17.01.2025)

NCLAT New Delhi bench has held that if recovery proceedings have been initiated before the Debt Recovery Tribunal (DRT) it does not prohibit Financial.....

Tags : NCLAT New Delhi, Financial Creditors, Recovery Proceedings

Supreme Court: Karnataka HC to Decide Who Gets First Charge Over Defaulter's Assets(28.08.2025)

Supreme Court has directed the Karnataka High Court to decide whether the Employees' Provident Fund Organisation or secured financial creditors enforc.....

Tags : Supreme Court, Karnataka High Court, Secured Financial Creditors

SC: Preference Shareholders Classified as Investors, Cannot Approach Court as Financial Creditors(29.10.2025)

Supreme Court held that holders of Cumulative Redeemable Preference Shares (CRPS) are investors, not financial creditors, and cannot initiate insolven.....

Tags : Cumulative Redeemable Preference Shares, Investors, Financial Creditors