NCLT CHANDIGARH LAWYER - Legalseva.net

Class action suit against Company NCLT Chandigarh

Satish Mishra — Tue, 09 Feb 2021 07:38:32 +0000

In this post we will talk about class action suit under Section 245 of the Companies Act and the procedure to file a case for the same. Class Action Suit in NCLT What is NCLT? National Company Law tribunal is a quasi judicial body constituted under Company act of 2013. It has the powers to ... Read more

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CORPORATE INSOLVENCY RESOLUTION PROCESS Chandigarh

Satish Mishra — Sat, 17 Oct 2020 09:58:08 +0000

A petition was filed under rule 7 of the Insolvency and Bankruptcy Code for initiating corporate Insolvency resolution process. Petitioner was involved in manufacturing of pulp, paper, duplex board etc.The corporate applicant was declared Non- Performing Asset (NPA) after the sanctioning of loan on 31.3.2011. State Bank of India had issued a notice on 28.5.2011 ... Read more

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Liquidation Proceedings in NATIONAL COMPANY LAW TRIBUNAL Chandigarh Bench

Satish Mishra — Fri, 04 Sep 2020 09:30:07 +0000

This is a case digest on the NCLT Chandigarh Bench of Bank of India versus Little Bee International Private Limited in CA No.1215 of 2019 Under Section 33 (1) & (2) of the Insolvency and Bankruptcy Code, 2016. As per COC report, the liquidator will dissolve the company Regulation 32A of the Insolvency and Bankruptcy ... Read more

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APPLICATION FOR INITIATION OF CIRP AGAINST DEBTOR ADMITTED BY TRIBUNAL

Satish Mishra — Sun, 30 Aug 2020 11:56:28 +0000

UNITED BANK OF INDIA/ Financial Creditor filed this application to adjudicating authority under Section 7 of Insolvency & Bankruptcy Code read with Rule 4 of Insolvency & Bankruptcy (Application to Adjudicating Authority) Rules, 2016, for Initiating Corporate Insolvency Resolution Process (CIRP) as against M/s. Jotisriram Himaghar Private Limited/ Corporate Debtor. FACTS OF THE CASE: ... Read more

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JUDGEMENT DIGEST ON CORPORATE BANK VS FIRESTAR INTERNATIONAL LIMITED

Satish Mishra — Wed, 12 Aug 2020 10:55:39 +0000

In this case, we will cover and give an overview of the case Corporate Bank Vs Firestar International Limited and it will give you a brief yet precise outline regarding all the major facts and issues involved in this particular case which basically revolves around claiming and repayment of dues. The judgement is based on ... Read more

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Revive Strike off Company NCLT Chandigarh Legal Advice

Satish Mishra — Fri, 07 Aug 2020 04:33:20 +0000

Today, in this piece, we will practically and legally examine the validity of scrapping off a company’s name from the Register of Companies by the Registrar of Companies (ROC). We look at this scenario in light of the judgement passed by the National Company Appellate Tribunal (NCLAT) in the case of Tweak the Future Innovations ... Read more

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Section 9 NCLT Petition Under Insolvency & Banking Code

Satish Mishra — Sun, 02 Aug 2020 10:33:23 +0000

This is a case digest of judgment filed under Section 9 NCLT Petition under Insolvency & Banking Code wherein the Interim Resolution Professional were appointed and unable to pay its debts and therefore the CIRP procedure may be initiated against the Respondent / Corporate Debtor by the Petitioner. The Adjudicating Authority hereby declares moratorium for ... Read more

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NCLT Chandigarh Bench Insolvency Case against SRS Ltd by SBI

Legalseva.net — Thu, 30 Apr 2020 12:16:00 +0000

This post is a judgment digest of NCLT Chandigarh Insolvency case against SRS Ltd filed by SBI wherein application under Sec 7 of IBC Code, 2016 was admitted and IRP (Interim Resolution Professional Appointed). Similarly through this post one can grasp Insolvency Case Procedure Steps in NCLT Chandigarh Bench. Now its better you read the ... Read more

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PROCEDURE FOR INSOLVENCY IN CHANDIGARH NCLT BENCH

Legalseva.net — Sat, 18 Apr 2020 04:15:55 +0000

Post covers PROCEDURE FOR INSOLVENCY IN CHANDIGARH NCLT BENCH wherein the creditor recovers money from the defaulter under IBC, 2016. Insolvency is the state at which an individual or a corporate entity is unable to repay its debts or financial obligations from their assets. It usually arises from poor cash management, a reduction in cash ... Read more

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RESTORATION OF NAME STRUCK OFF COMPANY BY NCLT CHANDIGARH

Legalseva.net — Fri, 10 Apr 2020 11:59:28 +0000

RESTORATION OF NAME STRUCK OFF COMPANY is done by NCLT Lawyers Chandigarh under Companies Act. A company can be struck off by the NCLT for various reasons enumerated under section 248 and section 164 of the Companies act, 2013. Such a case where a company has been struck off by the NCLT, there exists a ... Read more

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