creditors Archives

Conclusive foreign judgment would be enforceable in India: Delhi High Court

The Delhi High Court held that the judgement passed by the High Court of England was conclusive and would not fall within the exceptions carved out in Section 13 of CPC and was thus, found to be duly executable in India

Case Briefs Tribunals/Commissions/Regulatory Bodies

“Reduction of Share Capital is a matter of domestic concern”; NCLAT confirms reduction of the share capital approved by the shareholders of Precious Energy Services Ltd.

National Company Law Appellate Tribunal (NCLAT): While deciding the instant appeal filed by Precious Energy Services Ltd., against the order

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCLT| Ongoing or fresh debt related legal proceedings against personal guarantor should remain stayed during interim moratorium period

National Company Law Tribunal, Kolkata Bench I: The Bench of Rajasekhar V.K., judicial member and Balraj Joshi, technical member has held that

Case Briefs Tribunals/Commissions/Regulatory Bodies

Induction of the ‘assignee’ in committee of creditors quashed holding him to be a ‘related party’: NCLAT

National Company Law Appellate Tribunal (NCLAT): A two-member bench comprising of Justice S.J. Mukhopadhaya, Chairperson and Justice Bansi Lal Bhat, Member (Judicial)