Search Results for Tag : Resolution Applicant

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NCLAT Delhi: Resolution Professional Cannot Decide Eligibility Under Section 29A IBC(07.04.2022)

National Company Law Appellate Tribunal has observed that the Resolution Professional is not required to take a decision in regard to the ineligibili.....

Tags : National Company Law Appellate Tribunal, Resolution Professional, Section 29A of the Insolvency & Bankruptcy Code, 2016, Resolution Applicant

SC: Cannot Overlook Claim Submitted With Proof Only Because Its Submission is in Wrong Form(13.02.2024)

Supreme Court has observed that claim submitted by the Resolution Applicant under the Corporate Insolvency Resolution Process cannot be rejected or ov.....

Tags : Supreme Court, Resolution Applicant, CIRP

NCLAT: If Resolution Applicant’s Plan Rejected by CoC, RA Can Participate in Fresh Invitation(06.01.2025)

NCLAT New Delhi bench has held that if CoC disapproves resolution plan including revised plan submitted by the resolution applicant, the same resoluti.....

Tags : NCLAT New Delhi, Resolution Applicant, Freshly Issued Invitation

NCLAT: Expecting SRA to Accept Belated Claims would tantamount to subjecting SRA to Uncertainty(10.03.2025)

NCLAT New Delhi bench while dismissing appeals filed after an inordinate delay under Section 61 of IBC, 2016, has observed that to expect belated clai.....

Tags : NCLAT New Delhi, Belated Claims, Successful Resolution Applicant

NCLAT: NCLT Empowered to Decide if SRA Liable to Pay Pre-CIRP Electricity Dues u/s 60(5) Of IBC(27.02.2025)

NCLAT New Delhi bench has held that NCLT has the authority to decide whether Successful Resolution Applicant is liable to pay Pre-CIRP electricity due.....

Tags : NCLAT New Delhi, Successful Resolution Applicant, Electricity Dues