National Company Law Tribunal Case Commentaries

Prafulla Shah v. Sunshine Technobuild Pvt Ltd: Affirmation of Creditor's Rights in Insolvency Proceedings

Date: Feb 18, 2020

Prafulla Shah v. Sunshine Technobuild Pvt Ltd: Affirmation of Creditor's Rights in Insolvency Proceedings Introduction The case of Prafulla Shah v. Sunshine Technobuild Pvt Ltd adjudicated by the...

Admittance of Corporate Insolvency Resolution Process under Section 7: PNB vs Maruti Kesri Nandan Agrofoods Pvt Ltd

Date: Feb 7, 2020

Admittance of Corporate Insolvency Resolution Process under Section 7: PNB vs Maruti Kesri Nandan Agrofoods Pvt Ltd Introduction The case of Punjab National Bank (PNB) petitioner-financial creditor...

Time Barred Claims Under Insolvency and Bankruptcy Code: Insights from Enexio Power Cooling Solutions India Pvt. Ltd. v. MSR Mega Bio Power Limited

Date: Feb 5, 2020

Time Barred Claims Under Insolvency and Bankruptcy Code: Insights from Enexio Power Cooling Solutions India Pvt. Ltd. v. MSR Mega Bio Power Limited Case Title: Enexio Power Cooling Solutions India...

Admittance of CIRP Under Section 7 of IBC Despite Pending Disputes: Insights from Jammu & Kashmir Bank Ltd. vs Mir Kings Industries Pvt. Ltd.

Date: Jan 23, 2020

Admittance of CIRP Under Section 7 of IBC Despite Pending Disputes: Insights from Jammu & Kashmir Bank Ltd. vs Mir Kings Industries Pvt. Ltd. Introduction The case of Jammu & Kashmir Bank Ltd....

Mehsons Steels Pvt Ltd v. Shree Oshiya Ferro Alloys Pvt Ltd: Establishing Clear Protocols in Corporate Insolvency Resolution Process Under IBC

Date: Jan 17, 2020

Mehsons Steels Pvt Ltd v. Shree Oshiya Ferro Alloys Pvt Ltd: Establishing Clear Protocols in Corporate Insolvency Resolution Process Under IBC Introduction The case of Mehsons Steels Pvt Ltd v. Shree...

NCLT Establishes Debenture Subscription Agreements as Financial Debt under IBC: Bennett Property Holdings vs Brick Egale Affordable Housing

Date: Jan 11, 2020

NCLT Establishes Debenture Subscription Agreements as Financial Debt under IBC: Bennett Property Holdings vs Brick Egale Affordable Housing Introduction The case of Bennett Property Holdings Company...

Initiation of CIRP Under Section 7 of Insolvency and Bankruptcy Code Unaffected by Pending Litigation: Insights from Jammu & Kashmir Bank Ltd. v. Sa Gold Ispat Pvt. Ltd.

Date: Jan 11, 2020

Initiation of CIRP Under Section 7 of Insolvency and Bankruptcy Code Unaffected by Pending Litigation: Insights from Jammu & Kashmir Bank Ltd. v. Sa Gold Ispat Pvt. Ltd. Introduction The case of...

NCLT Restores Company Name to Facilitate Income Tax Proceedings – A Landmark Decision

Date: Jan 8, 2020

NCLT Restores Company Name to Facilitate Income Tax Proceedings – A Landmark Decision Introduction The case of Deputy Commissioner Of Income Tax v. Registrar Of Companies adjudicated by the National...

Admissibility of Operational Creditor's Section 9 Petition under IBC: Ercon Composites v. R&M International

Date: Jan 2, 2020

Admissibility of Operational Creditor's Section 9 Petition under IBC: Ercon Composites v. R&M International Private Limited Introduction The case of Ercon Composites v. R&M International Private...

Presumption of Debt Admission through Dishonoured Cheques: Insights from Velji Dosabhai and Sons Pvt Ltd v Trimurti Foodtech Pvt Ltd

Date: Jan 2, 2020

Presumption of Debt Admission through Dishonoured Cheques: Insights from Velji Dosabhai and Sons Pvt Ltd v Trimurti Foodtech Pvt Ltd Introduction The case of Velji Dosabhai and Sons Private Limited...

Unregistered Partnership Firms and IBC Petitionability: Insights from Nn Enterprises v. Relcon Infra Projects Limited

Date: Jan 2, 2020

Unregistered Partnership Firms and IBC Petitionability: Insights from Nn Enterprises v. Relcon Infra Projects Limited Introduction The case of Nn Enterprises v. Relcon Infra Projects Limited...

NCLT Establishes Precedent on Section 7 Insolvency Initiation: Dena Bank vs. Dhanlaxmi Solvex Pvt. Ltd.

Date: Apr 3, 2019

NCLT Establishes Precedent on Section 7 Insolvency Initiation: Dena Bank vs. Dhanlaxmi Solvex Pvt. Ltd. Introduction The case of Dena Bank vs. Dhanlaxmi Solvex Pvt. Ltd. was adjudicated by the...

Establishing Precedent for Financial Creditor Initiated Insolvency Proceedings: State Bank of India v. ARGL Limited

Date: Mar 17, 2018

Establishing Precedent for Financial Creditor Initiated Insolvency Proceedings: State Bank of India v. ARGL Limited Introduction The case of State Bank of India v. ARGL Limited adjudicated by the...

Establishing Corporate Guarantee Liability Under Section 7 of the Insolvency and Bankruptcy Code: Reliance Commercial Finance Ltd. v. Anil Limited

Date: Aug 24, 2017

Establishing Corporate Guarantee Liability Under Section 7 of the Insolvency and Bankruptcy Code: Reliance Commercial Finance Ltd. v. Anil Limited Introduction The case of Reliance Commercial Finance...

Protection of Minority Shareholders: A Comprehensive Analysis of Shri Surinder Kumar Virdi v. Beavers Leather Pvt. Ltd. & Ors.

Date: Jul 22, 2017

Protection of Minority Shareholders: A Comprehensive Analysis of Shri Surinder Kumar Virdi v. Beavers Leather Pvt. Ltd. & Ors. Introduction The case of Shri Surinder Kumar Virdi v. Beavers Leather...

NCLT Sets Precedent on Conversion from Public to Private Companies under Companies Act 2013

Date: Jan 10, 2017

NCLT Sets Precedent on Conversion from Public to Private Companies under Companies Act 2013 Introduction The case of P.P. Jain Exports Limited, In Re, adjudicated by the National Company Law Tribunal...