Saturday, 29 August, 2026

Tag: CoC commercial wisdom


NCLT _ National Company Law Tribunal _ LawNotify

April 17, 2026 : The National Company Law Tribunal (NCLT), Kochi Bench, has held that a dissenting financial creditor has no locus to intervene in disputes between the Successful Resolution Applicant (SRA) and the Resolution Professional (RP) once a resolution Read more…


NCLT _ National Company Law Tribunal _ LawNotify

April 8, 2026 : The National Company Law Tribunal (NCLT), Kochi Bench, has reiterated that approval of a resolution plan by the Committee of Creditors (CoC) is not binding on the Adjudicating Authority where the plan fails to meet the mandatory Read more…


NCLT _ National Company Law Tribunal _ LawNotify

April 8, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench (Court-III), has dismissed an application filed by Orissa Metaliks Private Limited (OMPL) challenging the Committee of Creditors’ (CoC) decision to conduct a second round of e-challenge mechanism in Read more…


NCLT _ National Company Law Tribunal _ LawNotify

April 2, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench-II has rejected an application seeking early dissolution of Jayesh Lifescience India Private Limited, holding that the commercial wisdom of the Committee of Creditors (CoC) cannot override mandatory statutory Read more…


NCLT _ National Company Law Tribunal _ LawNotify

March 27, 2026 : The Indore Bench of the National Company Law Tribunal (NCLT) has ruled that limiting negotiations in a Corporate Insolvency Resolution Process (CIRP) to higher-ranked bidders is not arbitrary when such a restriction is clearly provided in Read more…