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Mortgage By A Corporate Debtor To Secure Debts Of Third Party Not 'Financial Debt' Within Meaning Of Sec 5(8) IBC : SC [Read Judgment]
A person having only security interest over the assets of corporate debtor would stand outside the sect of 'financial creditors' as defined in Sec 5(7) &(8) IBC.
27 Feb 2020 7:23 AM GMT
No IBC Provision That Resolution Plan Should Match Liquidation Value; Approved Resolution Plan Can't Be Withdrawn Under S12A : SC [Read Judgment]
The Supreme Court has held that there is no requirement under the Insolvency and Bankruptcy Code that the resolution plan should match the liquidation value of the corporate debtor.This was held by a...
28 Jan 2020 8:06 AM GMT
NCLAT Dismisses Government's Plea For Recovery From Videocon Industries During Moratorium
31 Aug 2019 10:40 AM GMT