CIRP - Status of the entity (Corporate debtor) as MSME or not - ...

Supreme Court Upholds RP's Actions in CIRP; MSME Status Valid Post-Commencement, NCLAT Contempt Proceedings Overturned.

October 4, 2023

Case Laws Insolvency and Bankruptcy SC

CIRP - Status of the entity (Corporate debtor) as MSME or not - certificate being procured after the process started - NCLAT held the status of entity as MSME - Contempt proceedings against the Resolution professional for not folloiwng the decision of NCLAT - The appellant (RP) cannot be faulted for calling for other proposals in which the proposal given by respondent No.1 was also to be examined, put them to voting before the CoCs and declare the results - SC

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CIRP - Status of the entity (Corporate debtor) as MSME or not - ...

Supreme Court Upholds RP's Actions in CIRP; MSME Status Valid Post-Commencement, NCLAT Contempt Proceedings Overturned.

October 4, 2023

Case Laws Insolvency and Bankruptcy SC

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