2020-TIOLCORP-12-SC-CA-LB
Action Ispat And Power Pvt Ltd Vs Shyam Metalics And Energy Ltd
Whether only when winding up proceedings reach a stage where it would be irreversible, making it impossible to set the clock back, that the Company Court can proceed with the winding up instead of transferring the proceedings to NCLT to be decided as per IBC- YES: SC
- Appeal dismissed: SUPREME COURT OF INDIA
2020-TIOLCORP-54-HC-MUM-CA Niyam Bhsin Vs UoI
Whether deposit to be submitted u/s 160 of CA 2013 for election to office of directorship can be waived off at mere instance of a party - NO: HC.
- Case disposed of: BOMBAY HIGH COURT 2020-TIOLCORP-127-NCLAT
Facor Alloys Ltd Vs Bhuvan Madan
Whether Adjudicating Authority can approve a Resolution Plan that is discriminatory and gives differential treatment among the same Class of Financial Creditors, merely based on assenting or dissenting Financial Creditors - NO: NCLAT
- Appeals dismissed: NCLAT |