Search Results for "Liquidation"

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Validity of Property Sale During Company Liquidation - Court Validates Transaction Under Companies Act

An interim application sought to declare a sale agreement dated 5th September 2007 as unaffected by Section 536(2) of the Companies Act, 1956, and to ...

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Supreme Court Rejects Lease Renewal for BPMEL Mines, Upholds Odisha Government's Stance. High Court's Directive for High-Powered Committee Overturned; TGP's Appeal Dismissed; Workers' and Creditors' Claims to Proceed Under Companies Act

The Supreme Court has granted permission to file a special leave petition by TGP Equity Management Private Limited against the orders of the High Cour...

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Supreme Court Validates NCLAT's Ruling on Financial Debt Classification under IBC. Global Credit Capital Limited and others deemed financial creditors in Mount Shivalik Industries Ltd. insolvency case.

The Supreme Court upheld the decision of the National Company Law Appellate Tribunal (NCLAT), confirming that the appellants are financial creditors u...