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Learning Curve Title
Learning Curve 847 The claims arising out of default of instalment of Settlement Agreement does not come within the definition of operational debt
Learning Curve 846 Distribution of proceeds under section 53 is on the basis of voting share of secured creditor as approved by CoC, not on the basis of value of security of the financial creditor
Learning Curve 845 When the Corporate Debtor deposits the entire default amount, no purpose and occasion shall survive to still proceed with the Insolvency Resolution of the Corporate Debtor: NCLAT, New Delhi
Learning Curve 844 Once the Resolution Plan is approved, NCLT ceases to have jurisdiction to decide the Avoidance Applications
Learning Curve 843 If a Financial Creditor is related party of the corporate debtor, it shall not have any right of representation, participation and voting in a meeting of committee of creditors.
Learning Curve 842 There is no bar on withdrawing application admitted under section 7 of IBC before the constitution of CoC.
Learning Curve 841 The approval of a resolution in respect of one borrower cannot certainly discharge a co-borrower.
Learning Curve 840 Key Highlights of Amendments in IBBI (Liquidation Process) Regulations, 2016 dated 16th September 2022
Learning Curve 839 Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 20221 dated 16th September 2022
Learning Curve 838 TDS paid on interest payable cannot be considered as acknowledgment in writing of the liability by the corporate debtor.