Tag: Creditors

VARIOUS IMPORTANT JUDGMENTS HELD IN IBC, 2016

In the case of Vijay Kumar Jain vs. Standard Chartered Bank & Ors., the Apex Court held that the members of the suspended Board of Directors of a corporate debtor are vested with right to receive insolvency resolution plans submitted before the resolution professional so that they could effectively participate in the meetings of Committee of Creditors (CoC). The Supreme Court

IMPORTANT NATIONAL COMPANY LAW TRIBUNAL ORDERS

This article will deal with two noteworthy judgments wherein the question perishable and non perishable goods with respect to private auction had been raised further the Court also went on to reiterate the fact that the System always takes note of payments to be done by the Committee of Creditors along with a plethora of cases with respect to the