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Tag Archive for "ibc-and-sarfaesi" -

CentrikBlogsIBC and SARFAESI

Tag: IBC and SARFAESI

Section 7 of the IBC is covered by Section 14 of the Limitation Act

Posted by ajay.shuklaPosted on March 28, 2021March 30, 20210 CommentsCategories Corporate Litigation-All In Way, Insolvency & Bankruptcy Code 2016, RERA ConsultingTags applicability of limitation act to insolvency proceedings, corporate debtor, corporate debtors under the Insolvency and Bankruptcy Code, IBC against corporate guarantor, IBC and SARFAESI, Insolvency and Bankruptcy Code, judgment of the NCLAT, Limitation Act and IBC, NCLAT Judgment, proceedings in the NCLT, Proceedings under the IBC in the NCLT, proceedings under the SARFAESI Act, Supreme Court on Limitation Act under IBC

Hon’ble Supreme Court has held that in an application under Section 7 of the Insolvency and Bankruptcy Code, the applicant can claim the benefit of Section 14 of the Limitation Act, in respect of proceedings under the SARFAESI Act.

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IBC vs SARFAESI Act

Posted by AdminPosted on March 27, 2021April 17, 20210 CommentsCategories Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags corporate debtor liquidation, Creditors under IBC, difference between IBC and sarfaesi, How does IBC works, IBC against corporate guarantor, IBC and limitation act, IBC and SARFAESI, IBC vs SARFAESI, NCLT, proceeding before DRT, proceedings under SARFAESI, RERA and IBC, Resolution Plan under IBC, resolution process under IBC

The IBC is favoured over the SARFAESI Act, primarily because it offers a quick solution and is also effective in reviving the company and safeguarding the interests of all stakeholders.

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