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Blogs - khyatikhemka, Author at Centrik

CentrikArticles by: khyatikhemka

Author: khyatikhemka

Debts incurred during CIRP are also a part of IRP costs, says NCLAT

Posted by khyatikhemkaPosted on August 8, 2022August 13, 20220 CommentsCategories Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags CIRP against Corporate Debtor, CIRP Cost under IBC, CIRP proceedings, conditional resolution plan, corporate insolvency resolution process, insolvency resolution process costs, latest supreme court judgement on nclt, non implementation of resolution plan, Supreme Court Judgement on IBC

the Resolution Plan in question is in violation of section 30(2) (a) of the IBC. The NCLAT subsequently modified the Resolution Plan to include this claim in accordance with the law.

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  • Debts incurred during CIRP are also a part of IRP costs, says NCLAT August 8, 2022
  • Is Adjudicating Authority under obligation to accept an application against a Corporate Debtor u/s 7? July 27, 2022
  • IBC Pecuniary Threshold: – Interest Component to Be Merged with Principal Debt? July 25, 2022
  • Is the Principle of Natural Justice applicable to the Insolvency and Bankruptcy Code, 2016?  July 22, 2022
  • Hon’ble NCLAT declares claim of the license fee will be covered under the ambit of IBC July 18, 2022

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