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Tag Archive for "contractual-disputes-in-gujarat" -

CentrikBlogscontractual disputes in Gujarat

Tag: contractual disputes in Gujarat

What is the meaning of “Residuary Jurisdiction” of the NCLT under IBC?

Posted by AdminPosted on June 17, 20210 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags Case against builder under GujRERA, contractual disputes in Gujarat, IBC under NCLT, Insolvency of a Corporate Debtor, insolvency proceedings of corporate debtor, Liquidation under IBC, NCLT under IBC, residuary jurisdiction meaning, Residuary Jurisdiction of the NCLT under IBC, What is Residuary Jurisdiction

The Supreme Court of India defined Section 60(5) of the Code as a residuary jurisdiction vested in the NCLT, allowing the NCLT to decide all questions of law or fact arising out of or in relation to the corporate debtor’s insolvency resolution or liquidation under the Code.

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