...for the appellant brought to our notice the decision of this Appellate Tribunal in "Nikhil Mehta and Sons v. AMR Infrastructure Ltd" dated 21st July, 2017 passed in Company Appeal...(AT) (Insol.) No. 07 of 2017. It is submitted that the original judgment passed by Ld. Adjudicating Authority in "Nikhil Mehta and Sons v. AMR Infrastructure Ltd" has been referred in.... Adjudicating Authority in 'Nikhil Mehta & Sons' was challenged before this Appellate Tribunal. In 'Nikhil Mehta & Sons v. AMR Infrastructure Ltd', considering the agreement/ Mem...

...for the appellant brought to our notice the decision of this Appellate Tribunal in "Nikhil Mehta and Sons v. AMR Infrastructure Ltd" dated 21st July, 2017 passed in Company Appeal (AT...) (Insol.) No. 07 of 2017. It is submitted that the original judgment passed by Ld. Adjudicating Authority in "Nikhil Mehta and Sons v. AMR Infrastructure Ltd" has been referred in.... Adjudicating Authority in 'Nikhil Mehta & Sons' was challenged before this Appellate Tribunal. In 'Nikhil Mehta & Sons v. AMR Infrastructure Ltd', considering the agreement/ Memorandum ...

...for the appellant brought to our notice the decision of this Appellate Tribunal in "Nikhil Mehta and Sons v. AMR Infrastructure Ltd" dated 21st July, 2017 passed in Company Appeal...(AT) (Insol.) No. 07 of 2017. It is submitted that the original judgment passed by Ld. Adjudicating Authority in "Nikhil Mehta and Sons v. AMR Infrastructure Ltd" has been referred in.... Adjudicating Authority in 'Nikhil Mehta & Sons' was challenged before this Appellate Tribunal. In 'Nikhil Mehta & Sons v. AMR Infrastructure Ltd', considering the agreement/ Mem...

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...case of "Nikhil Mehta and Sons v. AMR Infrastrucutre Ltd., Company Appeal (AT) (Ins) No. 07 of 2017 wherein the Hon'ble Appellate Tribunal was considering the...judgement of Hon'ble NCLAT in the case of "Nikhil Mehta and Sons v. AMR Infrastructure Ltd., Company Appeal..."Nikhil Mehta and Sons v. AMR Infrastructure Ltd" held that the amount invested by applicants in that case comes within the...

.... ix. It is submitted that the Hon'ble NCLAT in the case of Nikhil Mehta and Sons ...is submitted that the petitioners have filed an affidavit dated 22.03.2022 placing reliance on the Judgement of Hon'ble NCLAT in the case of Nikhil Mehta and Sons v. AMR...Mehta and Sons v. AMR Infrastructure Limited, however it is to be noted that the statutory requirement of satisfying the minimum threshold will be applicable to any amount raised from...

...decision of this Tribunal in the matter of Nikhil Mehta and Sons v. AMR Infrastructure Limited reported in 2017 Company Appeal (AT) (Insolvency) No. 502 of 2020...Corporate Debtor and in lieu of that he was getting interest from the Corporate Debtor, therefore, he can claim the refund under Chapter V of the Companies Act, read with Company(Acceptance of Deposits...SCC online, NCLAT 859(vide para 17) and the decision of the Honble Supreme Court in the matter of Pioneer Urban Land and Infrastructure Ltd. & Anr. V. Union of India & Ors...

...“Nikhil Mehta and Sons v. AMR Infrastructure Ltd.” Company Appeal (AT)(Insolvency) No. 07 of 2017 before the Hon'ble National Company Law Appellate Tribunal, New Delhi decided on...standards of ethics and moral;v) The Interim Resolution Professional shall cause a public announcement within three days as contemplated under Regulation 6 of the Insolvency and Bankruptcy...petitioner was incorporated as a company on 15.03.2005. The petitioner company passed a resolution dated 08.12.2017 for initiating the proceedings under the Code and authorising Mr. Pradeep Verma to...

...case of Nikhil Mehta and Sons v. AMR Infrastructure Ltd. Company: Appeal (AT) (Insolvency) No. 07 of 2017 and endorsed the decision of IRP while holding that..."Haryana Financial Corporation and Anr. v. Jagdamba Oil Mills and Anr." 2002 3...Haryana Financial Corporation and Anr. v. Jagdamba Oil Mills and Anr. MANU/SC/0056/2002...

...covered by the dictum of Manish Kumar supra and has relied upon the judgement of Hon'ble NCLAT in the case of "Nikhil Mehta and Sons v. A...the units purchased. Reliance for the same has been placed upon he judgements "Nikhil Mehta v. AMR Infrastructure Ltd 2017 SCC Online NCLAT 377" and Satish Chand Gupta v. Severel India.... Further, the applicant has placed reliance upon Mohanlal Dhakad v. Bng Global India Limited . 84, wherein Nikhil Mehta supra is again...

... claim made by the Financial Creditors have been duly upheld by the Hon'ble NCLAT in the matter of Nikhil Mehta ...: Through its Authorised Representative NIKHIL KHANNA (and 87 Ors.) S/o Sh. Nawal Kishore Khanna, R/o Flat No. 1001 Tower-3 Malibu Town, Sohna Road, Gurgaon, Haryana... PER: SH. L. N. GUPTA, M(T) & SH. HARNAM SINGH THAKUR, M(J) Nikhil Khanna and 87 Ors. (for brevity, the "Applicants") have filed the present...

...transactions. NCLT also referred to the interpretation of the expression financial creditors by NCLAT in the case of Nikhil Mehta and Sons v. AMR Infrastructure Ltd. Company: Appeal (AT...had been certain important decisions/orders by NCLAT and by this Court. One had been the order dated 21.07.2017 by the NCLAT in the case of Nikhil Mehta and Sons (HUF) v. AMR Infrastructur...batch of petitions led by Writ Petition (Civil) No. 744 of 2017: Chitra Sharma and Ors. v. Union of India and Ors. Several orders were...

...time value of money. The Learned Senior Counsel for the Corporate Debtor has relied on the judgment of this Tribunal in Nikhil Mehta and Sons v. AMR Infrastructure Ltd.... 2017 SCC OnLine NCLAT 859 ("Nikhil Mehta" in short) to emphasize that the key feature of financial transaction as postulated by Section 5(8) of the IBC is...Learned Senior Counsel for the Corporate Debtor while relying on the judgment of this Tribunal in Nikhil Mehta (supra) that the cardinal feature of time value of money is glaringly...

...time value of money. The Learned Senior Counsel for the Corporate Debtor has relied on the judgment of this Tribunal in Nikhil Mehta and Sons v. AMR Infrastructure Ltd.... 2017 SCC OnLine NCLAT 859 ("Nikhil Mehta" in short) to emphasize that the key feature of financial transaction as postulated by Section 5(8) of the IBC is...Learned Senior Counsel for the Corporate Debtor while relying on the judgment of this Tribunal in Nikhil Mehta (supra) that the cardinal feature of time value of money is glaringly...

...title of the judgment, in place of "Nikhil Mehta & Sons (HUF) & Ors. V. AMR Infrastructures Limited" it has been wrongly typed as "Nikhil Mehta & Sons ...shown as Commitment charges...". We accordingly direct to read the cause title as "Nikhil Mehta & Sons (HUF) & Ors." in place of "Nikhil Mehta & Sons V. AMR Infrastru..." instead of "Kessel-I Valley, I Mall and I Homes". (iii) It is also pointed out that in the second line of para 21 of the judgment it is wrongly typed as "the amount deposited by...

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...'financial debt' is a position contrary to the Code a.) It is submitted that the Hon'ble NCLAT in Nikhil Mehta and sons v. AMR Infrastructure, CA...-20 and 2020-21 is annexed as Annexure F (Colly), at page 584 to 834. v. The copy of the communication of EPC dated 08.05.2015 is annexed as Annexure G, at page 835.... (ii) Gujarat Urja Vikas Nigam Limited v. Mr. Amit Gupta and Ors. Civil Appeal No. 9241 ...

...Law Appellate Tribunal (hereinafter referred to as NCLAT) on 21st July, 2017 in Nikhil Mehta and Sons (HUF) v. AMR Infrastructure Ltd., (Company Appeal (AT) (Insolvency) No. 07 of...financial contract may be drawn from an observation made in the case of Nikhil Mehta and Sons (HUF) v. AMR Infrastructure Ltd.: A forward contract to sell product at the end of a specified period is not...which has brought in large funds for many projects, and which would be replaced for all projects, would not be correct. 13. Shri Tushar Mehta, learned Solicitor...

...National Company Law Appellate Tribunal (hereinafter referred to as “NCLAT”) on 21 July, 2017 in Nikhil Mehta and Sons (HUF) v. AMR Infrastructure Ltd., (Company Appeal (AT) (Insolvency...forward sale or purchase agreement to have the texture of a financial contract may be drawn from an observation made in the case of Nikhil Mehta and Sons (HUF) v. AMR Infrastructure Ltd...before appointment of the Committee of Creditors where both the NCLT and NCLAT use their inherent power to permit settlements; and (v) even post setting-up of the Committee of Creditors, whereby...

...may first be placed before Hon'ble the Chief justice for appropriate orders.i) In the case of Nikhil Mehta and Sons (HUF) v. AMR Infrastructure Ltd. in C.P No...seen from the decision rendered in Industrial and Commerce Bank of China v. Alok Industries Ltd in IA No. 188 of 2017 in C.P (I.B) No. 48/7...Commercial Enterprises v. Parekh Aluminex Limited.p) Thus taking into consideration all the above and more particularly the differing views taken by coordinate benches of this Tribunal...