The National Company Law Tribunal’s (NCLT) Mumbai bench agreed to hear the mobile phone operator Aircel’s plea for bankruptcy protection under Insolvency & Bankruptcy Code, 2016 on the 8th of March 2018 in view of the operator’s urgency to resume ope

A company may operate in a foreign jurisdiction through local subsidiaries or branches/offices and have physical assets in such a foreign jurisdiction. Each subsidiary is a separate legal entity and the winding up/insolvency of the parent does not re

The National Company Law Appellate Tribunal (NCLAT), in a landmark ruling, has offered relief for the personal assets of promoters by providing for a freeze on the sale of personal assets of guarantors, promoters and corporate debtors in cases where

NCLT in the matter of DBM Geotechnics and Constructions Pvt Ltd (the operational creditor) and Dighi Port Ltd (the corporate debtor) admitted fresh Insolvency application on breach of consent terms by the Debtor.Reddy & Reddy Law Firm the best team

The National Company Law Appellate Tribunal (NCLAT) has held that pendency of proceedings under Section 138/441 of the Negotiable Instruments Act, 1881 amounts to admission of debt and hence, cannot be used as a reason for rejection of an application

Reddy and Reddy Law Firm is the Best Law Firm for White Collar Crime Litigation.Advocate Sudhir Reddy and is Top Lawyer in Pune for Financial Fraud, Company Dissolution. Insolvency and Bankruptcy.

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Stanbic Bank Ghana Limited approached the NCLT upon a default made by principal borrower Rajkumar Impex Ghana Limited which is a company based in India. The NCLT admitted the application rejecting the argument raised by the guarantor that application

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