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Tag Archive for "ibc-under-nclt" -

CentrikBlogsIBC under NCLT

Tag: IBC under NCLT

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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IBC against NBFC

Posted by AdminPosted on March 31, 2021April 1, 20210 CommentsCategories Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags application before the NCLT, CIRP against DHFL, IBC against NBFC, IBC under NCLT, Insolvency and Bankruptcy Code, insolvency and bankruptcy processes, insolvency application filed against NBFC, insolvency process for NBFC, IRP under IBC, liquidation proceedings under IBC, NBFCs under IBC, NCLT and IBC, Non-banking finance companies

The IBC’s applicability to NBFCs is a welcome legislative effort, and the new rules have extended the RBI’s role in performing an NBFC’s CIRP.

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Revival of Construction Project from Insolvency

Posted by AdminPosted on December 30, 20190 CommentsCategories Insolvency & Bankruptcy Code 2016, Legal AdvisoryTags case of liquidation, Financial Creditors under the IBC, homebuyers approaching NCLT, IBC, IBC under NCLT, NCLT, NCLT under IBC, projects under insolvency proceedings, revival and completion of Project, Revival of Construction Project, revival of Project being declared Insolvent, What is Insolvency

This article aims to caution and summarize the Corporate Insolvency Resolution Process with respect to buyers seeking revival and completion of Project.

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