NikunjMehta

This declared by the NCLAT in the case of  Ravindranath Reddy v. G. Kishan. In this case, an appeal before the National Company Law Appellate Tribunal (NCLAT) was filed by Mr. Ravindranath Reddy, the director of M/S Walnut Packaging...

The NCLT Ahmedabad bench through an order declared the inapplicability of the provisions under the Companies Act over transitions pertaining to cross border demergers. Facts An application for sanctioning a Scheme of Arrangement (SOA) was made by The Sun Pharmaceutical Industries Ltd,...

The Insolvency and Bankruptcy Code, as mentioned in the objects and reasons, was enacted to provide effective resolution procedure for timely resolution of debtors, and to maximise the value of the debtor’s assets. To pursue these objects, it provides...

This question was addressed by the National Company Law Appellate Tribunal (NCLAT) in the case of in Flat Buyers Association v. Umang Realtech Pvt. Ltd. The case was concerned between the Flat Buyers Association of the Umang Realtech Pvt. Ltd.’s...