It stated that, according to the Supreme Court, there should be minimal interference in the commercial decision of the committee of creditors
He added that he personally thinks the curative petitions were not maintainable as they did not meet the threefold requirements of bias, lack of hearing, or any other analogous grounds
The court was hearing an appeal filed against a Delhi HC judgment that dismissed pleas seeking directions to banks and financial institutions to refrain from charging pre-EMIs or full EMIs
The court, during the hearing, asked Byju's and BCCI if the rules, particularly Regulation 30A of the Insolvency and Bankruptcy Code (IBC), allow settlement outside the set procedures
The first tranche payment of Rs 350 crore was required to be made by March 21, 2022
Top court indicates it'll send matter back to appellate tribunal for fresh hearing
The bench consisting of Justice Hrishikesh Roy said they found no infirmity with the Bombay High Court order of August 14, which had dismissed Goenka's plea
The court was told that the said debt has been acknowledged by the airline and yet there has been no compliance
Though the scheme's operational date has been announced, the final date for the scheme is yet to be determined
The curative petition was crafted by the apex court in 2002 in the landmark judgment of Rupa Ashok Hurra vs Ashok Hurra
Failure of last legal recourse by telcos to hit Vi the hardest despite the firm paying back Rs 7,900 crore
ICICI Securities shareholders will receive 67 ICICI Bank Ltd shares for every 100 shares they hold, as per the approved scheme
A committee of creditors (CoC) is a group of lenders who make decisions about an insolvent company or borrower in the insolvency resolution process
When there are two wills produced before the court, which one will be executed? Experts weigh in
AI tools can read every single judgment available in a database to ensure that lawyers 'miss nothing'
SC grants bail to CM with riders; boost for AAP ahead of Haryana, Delhi polls
A division bench of Justices Surya Kant and Ujjal Bhuyan had reserved its verdict on September 5 and gave separate judgments.
The NCLAT, in its September 6 order, had halted the Rs 3,335 crore resolution plan put forth by the consortium, which is the successful bidder for the bankrupt firm
The division bench of the Delhi High Court had rejected cash-strapped airline SpiceJet's plea, saying it did not wish to interfere with single-judge order of same court and asked parties to settle
The Centre has also reportedly roped in the state of Madhya Pradesh as a co-petitioner to review the July 25 judgment in an open court hearing