2020-TIOLCORP-09-SC-CA-LB
Sagufa Ahmed Vs Upper Assam Plywood Products Pvt Ltd
Whether the period of limitation of 45 days prescribed in Section 421(3) starts running only from the date on which a copy of the order of the Tribunal is made available to the person aggrieved - YES : SC
- Appeal dismissed: SUPREME COURT OF INDIA
2020-TIOLCORP-98-NCLAT
Vipul Ltd Vs Solitaire Buildmart Pvt Ltd
Whether the amount claimed by the Appellant can be construed as a 'Financial debt' u/s 5 (8) of IBC when both parties are Joint Development Partners – NO: NCLAT
Whether the Appellant be termed as a 'Financial Creditor' u/s 5 (7) of IBC when both parties are Joint Development Partners – NO : NCLAT
- Appeal dismissed: NCLAT |