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Tag Archive for "insolvency-proceedings-under-ibc" -

CentrikBlogsinsolvency proceedings under IBC

Tag: insolvency proceedings under IBC

An Operational Creditor with an Arbitral Award can proceed as a Decree Holder

Posted by Amar VivekPosted on July 6, 2020July 6, 20200 CommentsCategories Insolvency & Bankruptcy Code 2016Tags Corporate Debtor under NCLT, insolvency proceedings under IBC, operational creditor under ibc, proceed as a decree holder, Proceed as decree holder before the NCLT, recovery of due amount, recovery of time-barred debt

The National Company Law Tribunal has paved the way for operational creditors to revive their debt and proceed as decree holder.

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Govt May Change IBC Laws for Buyer Protection, Stricter Norms for Homebuyers

Posted by Amarpal JakharPosted on November 27, 2019December 12, 20190 CommentsCategories Insolvency & Bankruptcy Code 2016, RERA ConsultingTags condition before filing any petition, filing of IBC petition, filing of IBC petition before NCLT against the delay in possession, IBC Laws for Buyer Protection, Insolvency norms for homebuyers under the IBC, insolvency proceedings under IBC

The Ministry of Corporate Affairs may soon likely to move amendments to the code, including protection for new buyers and tighter norms for home buyers in terms of taking developers to the NCLT.

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