Tag: NCLAT
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SC: Pending Restructuring Doesn’t Bar Section 7 CIRP
The Supreme Court on Tuesday (February 24) held that ongoing or pending restructuring discussions for a debt-laden corporate debtor do not, by themselves, stop...
Benami Act Attachment During CIRP Can’t Be Challenged Before NCLT/NCLAT: Supreme Court
The Supreme Court on Monday upheld an NCLAT ruling that a provisional attachment under the Prohibition of Benami Property Transactions Act, 1988 can be...
Supreme Court: Telecom Spectrum Is Community Resource; IBC Cannot Decide Ownership
The Supreme Court has ruled that telecom spectrum is a material resource of the community. Therefore, the Insolvency and Bankruptcy Code, 2016 (IBC) cannot...
