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 IBC Cases

Insolvency Law in Review – September 2021

Guarantor Whose Guarantee Stands Invoked By Any Creditor Barred From Giving Resolution Plan, Though Insolvency Initiated By Another Creditor: SC On Sec 29A(h) IBC

The Supreme Court has delivered an important judgment interpreting the scope of Section 29A(h) of the Insolvency and Bankruptcy Code. Section 29A IBC specifies the categories of persons who are not...

18 Jan 2022 2:19 PM GMT
A Successful Bidder Cannot Be Permitted To Wriggle Out Of Its Bid Claiming His Bid To Be A Conditional Offer; NCLAT

A Successful Bidder Cannot Be Permitted To Wriggle Out Of Its Bid Claiming His Bid To Be A 'Conditional Offer'; NCLAT

The NCLAT, Principal Bench consisting of Justice Anant Bijay Singh and Ms. Shreesha Merla in the case of M/s. Visisth Services Limited v. S.V. Ramani held that a Successful Bidder cannot wriggle out o...

16 Jan 2022 8:19 AM GMT
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