WebIn the first phase the Ministry of Corporate Affairs has set up eleven Benches, one Principal Bench at New Delhi and ten other Benches at New Delhi, Ahmedabad, Allahabad, … WebThe IBC Code defines the procedure involved in NCLT proceedings. When a default has happened, a financial creditor can file an application for starting the Corporate Insolvency Resolution Process (CIRP). After that, an IRP (Interim resolution professional) gets appointed by the NCLT to begin the procedure of CIRP.
CoC has absolute power regarding selection of IRP, RP: NCLT
WebJun 7, 2024 · NCLT had appointed an IRP to carry out Rolta India's daily functioning, barred sale or alienation of assets and passed a moratorium order to last till the completion of the corporate insolvency process. In 2024, the Bombay High Court had quashed earlier insolvency order by NCLT Mumbai against Rolta India, on the procedural ground that it … Webinsolvency proceedings by virtue of Hon’ble NCLT order dated 25th March 2024. As per the information available with IRP, following projects are part of Supertech Limited :- S.no Project Name S.no Project Name 1 Hilltown 16 Livingston 2 Hill Estate 17 Meerut Sports City 3 Araville 18 Green Village Meerut 4 Hues 19 Palm Green Meerut butterflies on screen virus
S&D LEGAL ASSOCIATES
WebJan 2, 2024 · The NCLT, Allahabad Bench adjourned the matter to 20 th Jan, 2024 while granting an opportunity to the Interim Resolution Professional (IRP) to file an affidavit in regard to passing of resolution by the Committee of Creditors for its replacement by Resolution Professional (RP) under Section 22 of the I&B Code. WebApr 10, 2024 · Mantri Developers, a Bangalore-based real estate company, has been admitted to the insolvency process by the National Company Law Tribunal (NCLT) after it … WebJan 10, 2024 · Last but not the least, as usual, timelines have been laid down as to how the IRP/RP, CoC.and the AA (NCLT) should dispose of the application. Thus it is clear that the amendment to IBC by way of introduction of Sec 12A and related Regulations has taken care to ensure the basic policy of IBC itself. cdsytxgs.ipjl.net:8000/jxctop/