NCLT allows withdrawal of insolvency proceedings against ATS Knightsbridge under section 12A

New Delhi [India], March 22 : The National Company Law Tribunal (NCLT), New Delhi Bench, has permitted the withdrawal of corporate insolvency resolution proceedings (CIRP) initiated against ATS Heights Private Limited, the developer of the ATS Knightsbridge project, in exercise of its powers under Section 12A of the Insolvency and Bankruptcy Code (IBC). The tribunal,…

Supreme Court Upholds IBC ‘Clean Slate’, Bars Counter-claims but Permits Set-Off Defence in Ujaas Energy Arbitration [Read Order]

In a significant ruling, the Supreme Court partly allowed an appeal, holding that while counterclaims not filed during insolvency proceedings stand extinguished under the Insolvency and Bankruptcy Code (IBC), a limited set-off defence may still be raised in arbitration. The dispute arose from a 2017 rooftop solar project contract awarded to Ujaas by the West…

Access Denied

Access Denied You don’t have permission to access “http://www.business-standard.com/industry/news/nclat-grants-exemption-to-50-ilfs-s-red-amber-firms-from-csr-obligations-126032200226_1.html” on this server. Reference #18.8ef23717.1774172163.107e8bc7 https://errors.edgesuite.net/18.8ef23717.1774172163.107e8bc7 Read the original article here

No Cookies | Herald Sun

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…

No Cookies | Daily Telegraph

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…