Union Bank of India Vs. Mr. Dinkar T. Venkatasubramanian & Ors.
Court
NCLAT
Date of Judgement:
December 18, 2024
Citation:
Category:
Facts:
Findings:
December 18, 2024
NCLAT: Can’t challenge nonadmission of claim by RP for first time in appeal
State Tax Officer Vs. Ricoh India Ltd. & Ors.
NCLAT
December 18, 2024
NCLAT: CoC approved resolution plan binds all stakeholders, including dissenting financial creditors
Union Bank of India Vs. Mr. Dinkar T. Venkatasubramanian & Ors.
NCLAT
December 18, 2024
NCLAT: Date of default for personal guarantor depends on terms of
guaranteed contract
Mavjibhai Nagarbhai Patel Vs. State Bank of India & Ors.
NCLAT
December 18, 2024
Supreme Court: Parties can jointly request clarification from an arbitrator, even after, expiry of 30- day period
North Delhi Municipal Corporation Vs. M/S. S.A. Builders Ltd.
Supreme Court of India
December 17, 2024
NCLAT: Can’t extend CIRP beyond 330 Days u/s 12(3) of IBC unless exceptional circumstances present
Sibanarayan Chhotray Vs. Indian Overseas Bank & Anr.
NCLAT
October 8, 2024
Section 34
Delhi High Court: Parties should be supplied with all materials submitted to the AT, opportunity should be given to respond to such materials. Arbitrator's act of not supplying materials and denying opportunity to respond violates Section 18 of the A&C Act. Arbitral Award set aside.
Flfl Travel Retail Lucknow Private vs Airports Authority Of India & Anr.
Delhi High Court
September 30, 2024
Section 34
Delhi High Court: AT has discretion to grant pre-award interest and/or post-award interest, on either whole or part of the principal amount.
M/S Star Shares & Stock Brokers Ltd vs Praveen Gupta & Anr.
Delhi High Court
September 20, 2024
Section 34
Supreme Court: A plausible view taken by AT based on evidence led by parties cannot be termed perverse.
Opg Power Generation Private Limited vs Enexio Power Cooling Solutions India
Supreme Court of India
September 12, 2024
Section 29A - Extension of time
Supreme Court: Application for extension of the time period for passing an arbitral award - maintainable even after the expiry of the twelve-month or the extended six-month period, as the case may be. While adjudicating such Applications, Courts to be guided by "Principle of sufficient cause" as elaborated in the Judgement.
Rohan Builders (India) Private Limited vs Berger Paints India Limited
Supreme Court of India
Ratio
NCLAT: CoC approved resolution plan binds all stakeholders, including dissenting financial creditors