NCLAT Grants Extension Of CIRP Timeline To Enable Voting On Revised Resolution Plan

M/s Shri Ram Switchgears Limited (“Corporate Debtor”) was admitted into Corporate Insolvency Resolution Process (“CIRP”) on 29.02.2024. The Adjudicating Authority granted an extension of the CIRP up to 24.05.2025. Before the expiry of the timeline on 24.05.2025, the Committee of Creditors (“CoC”) in its meeting held between 09.05.2025 and 14.05.2025, resolved with 96.94% vote share…

Nocookies | Sky News Australia

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Intervention Application U/S 60(5) Of IBC Can’t Be Entertained Beyond Limitation Period Of Three Years: NCLAT

The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Rakesh Kumar Jain (Judicial Member) and Mr. Indevar Pandey (Technical Member) has held that Intervention Application under section 60(5) of the Insolvency and Bankruptcy Code, 2016 (IBC) cannot be entertained beyond the limitation period of 3 years. The present appeal has been filed…

County Antrim directors disqualified for eight years

Date published: 17 July 2025 The High Court has made a Disqualification Order against the directors of a company operating in the business of travel agents. The Order was made for eight years against David John Weir (53) of Whitesides Road, Randalstown, Co. Antrim and Sharmayne Louise Weir (54) of Craigahulliar Road, Portrush, Co. Antrim…