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Ineligibility Of Successful Resolution Applicant U/S 29A Of IBC Has To Be Seen On Date Of Submission Of Resolution Plan: NCLAT New Delhi

Mohd Malik Chauhan

28 Oct 2024 11:30 PM

(0 mins read )
    • Ineligibility Of Successful Resolution Applicant U/S 29A Of IBC Has To Be Seen On Date Of Submission Of Resolution Plan: NCLAT New Delhi

    The NCLAT New Delhi Bench of Justices Ashok Bhushan and Barun Mitra held that the eligibility/ineligibility of Successful Resolution Applicant under section 29A of the Insolvency and Bankruptcy Code (IBC) has to be seen on the date of submission of Resolution Plan.Brief FactsOn an Application filed by a Financial Creditor of the Corporate Debtor – Dilwara Leasing and Investment Ltd.,...

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    NCLAT New DelhiResolution PlanSuccessful Resolution Applicant (SRA)Section 29A of IBC
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    Supertech Insolvency : Supreme Court Appoints 3-Member Committee To Oversee Supernova Project & Protect Homebuyers

    Anmol Kaur Bawa

    26 Dec 2025 5:07 PM

    (0 mins read )
    • Supertech Insolvency : Supreme Court Appoints 3-Member Committee To Oversee Supernova Project & Protect Homebuyers

    The Court has disbanded the interim resolution professional and the Committee of Creditors, which will be replaced by the Committee.

    The Supreme Court recently appointed a three-member committee headed by a former Chief Justice of the J&K High Court to oversee the insolvency process of real estate giant M/s Supertech Realtors.The bench of CJI Surya Kant and Justice Bagchi appointed the 3-member committee consisting of Justice MM Kumar, former Chief Justice of J&K High Court; former NBCC Chairman Anoop Kumar Mittal...

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    #SupremeCourtSupertech RealtorsSupernova projectCJI Surya Kant and Justice Joymalya Baghchi

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