New Delhi, The National Company Law Appellate Tribunal (NCLAT) has revived insolvency proceedings against Chintamani’s Jewellery Arcade Pvt Ltd allowing a restoration application filed by Axis Bank, holding that the company had committed a material and continuing breach of court-recorded settlement terms. A three-member NCLAT bench recalled its earlier order passed on May 9, 2024…
New Delhi, The National Company Law Appellate Tribunal (NCLAT) has revived insolvency proceedings against Chintamani’s Jewellery Arcade Pvt Ltd allowing a restoration application filed by Axis Bank, holding that the company had committed a material and continuing breach of court-recorded settlement terms.A three-member NCLAT bench recalled its earlier order passed on May 9, 2024 that…
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Welcome Homes (Scotland) Limited was founded in 2005 and was registered to an address in Charlotte Square in the Scottish capital. MVL Online was appointed liquidator after a resolution was passed that “the company be wound up voluntarily”. It added that it was agreed that Lee De’ath, of MVL Online, be appointed as liquidator “for the purposes of such…
Long-standing Cheshire printer appoints liquidators Printweek Read the original article here
The National Company Law Tribunal (NCLT) Chandigarh Bench held that mere suspicion and unsubstantiated assertions cannot establish fraudulent initiation of Corporate Insolvency Resolution Process (CIRP) under Section 65 of the Insolvency and Bankruptcy Code, 2016 (IBC) and rejected plea of director. The application was filed by Dr. Vijay Vohra, a director and shareholder of A.P.J.…
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…