bankruptcy

Jaipur Metals and Electrical Employees Organization v. Jaipur Metals and Electricals Ltd. 2019 (213) CC25

This[1] is a major case in NCLT, and played a major factor for some drastic changes in the bankruptcy code and the functioning of high courts and made several amendments to companies act 2013. An employees’ union has filed an…

Nikunj Agrawal
March 11, 2022
April 4, 2022

Bankruptcy Order For Individual and Partnership Firms

This article first discusses Bankruptcy and the procedure for application of Bankruptcy under the IBC, 2016. Furthermore, the article elaborates on the Bankruptcy order and the Bankruptcy trustee assigned under the code.

Shivangi Paliwal
February 21, 2022
February 21, 2022

State Bank of India v/s V. Ramakrishnan: Civil Appeal No. 3595 of 2018

Introduction: In case of State Bank of India v. Mr. V. Ramakrishnan and Others (decided on August 14, 2018), the Hon’ble Supreme Court resolved the issue relating to applicability of moratorium passed under Section 14 of the Insolvency and Bankruptcy…

Yashwant Banjenam
August 18, 2021
August 18, 2021

Action Ispat and Power Private Ltd v/s Shyam Metalics and Energy Ltd: Civil Appeal No. 4041 of 2020

Introduction: The Insolvency and Bankruptcy Code (“IBC”) intends to consolidate and amend the laws relating to reorganization and insolvency resolution of corporate firms. This Code replaced the erstwhile Part VII of the Companies Act, 1956 (“1956 Act”), under which Sections 433(e)…

Yashwant Banjenam
August 18, 2021
August 18, 2021