Search Results for Tag : Operational creditor

Judgments

A registered trade union can maintain a petition as an operational creditor on behalf of its members(30.04.2019)

The present appeal raises an important question as to whether a trade union could be said to be an operational creditor for the purpose of the Insolve.....

Tags : Operational creditor, Trade union, Representation

A registered trade union can maintain a petition as an operational creditor on behalf of its members(30.04.2019)

The present appeal raises an important question as to whether a trade union could be said to be an operational creditor for the purpose of the Insolve.....

Tags : Operational creditor, Trade union, Representation

Application under Section 9 of the IBC after completion of the Corporate Insolvency Resolution Process against Corporate Debtor is not maintainable(13.06.2022)

Present is a Company Petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Bharat Pipe Fitting Co. (Operational Creditor.....

Tags : Operational Creditor, Right, CIRP

News

IBBI Asks to Furnish Extracts of GSTR-1, GSTR-3B & E-Way Bills Along With Application(17.06.2022)

Insolvency and Bankruptcy Board of India (IBBI) has notified that the operational creditors shall furnish extracts of GSTR-1, GSTR-3B and e-way bills,.....

Tags : IBBI, GSTR, Operational Creditors

Operational Creditors should Get a Say and Vote in Insolvency Process: SC(14.12.2018)

Supreme Court has observed that Operational creditors of companies undergoing the corporate insolvency resolution process should have a say in the com.....

Tags : Supreme Court, Operational Creditors, Insolvency Process

NCLAT, Delhi: Operational Creditor is At Liberty to File Legal Proceedings to Recover Claims(21.02.2022)

National Company Law Appellate Tribunal (NCLAT), Delhi has held that the Operational Creditor is at liberty to file appropriate legal proceedings to r.....

Tags : National Company Law Appellate Tribunal, Operational Creditor

SC: Operational Creditor Includes All Those Who Provide or Receive Operational Services(07.02.2022)

Supreme Court has observed that operational creditor includes all those who provide or receive operational services from the corporate debtor, which u.....

Tags : Supreme Court, Operational Creditor

Registered Trade Union can File Insolvency Petition as Operational Creditor: SC(01.05.2019)

Supreme Court has held that a registered trade union can maintain a petition as an operational creditor on behalf of its members.

Tags : Supreme Court, Operational Creditor, Registered Trade Union

SC Stays CIRP Proceedings on Behalf of Operational Creditor Making Futuristic Claims(17.08.2020)

Supreme Court has stayed the Corporate Insolvency Resolution Process (CIRP) pending against a Corporate Debtor, in view of the "futuristic claims" mad.....

Tags : Supreme Court, Operational Creditor Making Futuristic Claims

NCLT: Salary During Notice Period Does Not Fall Within the Definition of 'Operational Debt' Under IBC(26.05.2022)

National Company Law Tribunal, Mumbai Bench has held that salary for purported notice period amounts to specific performance of the appointment letter.....

Tags : National Company Law Tribunal, Operational Debt, Operational Creditor