Reply to Demand Notice is condition precedent to raise dispute under IBC: NCLAT answer in negative

Attorneys: Nagesh Putighe Mentor Ashutosh Gupta Managing Partner Aditi Gupta Partner Gaurav Rana Partner Ajitesh Kumar Advocate Yatharth Jain Advocate Shresth Garg Advocate Swati Sharma Advocate Tanmay Agarwal Associate Tanmay…

Continue ReadingReply to Demand Notice is condition precedent to raise dispute under IBC: NCLAT answer in negative

Whether the creditor is entitled to choose between Form 3 & 4, for the purpose of serving demand notice under IBC?

Attorneys: Nagesh Putighe Mentor Ashutosh Gupta Managing Partner Aditi Gupta Partner Gaurav Rana Partner Ajitesh Kumar Advocate Yatharth Jain Advocate Shresth Garg Advocate Swati Sharma Advocate Tanmay Agarwal Associate Tanmay…

Continue ReadingWhether the creditor is entitled to choose between Form 3 & 4, for the purpose of serving demand notice under IBC?

Supreme Court rules statement made under Auditor’s Report amounts to an acknowledgment of Debt under IBC.

Attorneys: Nagesh Putighe Mentor Ashutosh Gupta Managing Partner Aditi Gupta Partner Gaurav Rana Partner Ajitesh Kumar Advocate Yatharth Jain Advocate Shresth Garg Advocate Swati Sharma Advocate Tanmay Agarwal Associate Tanmay…

Continue ReadingSupreme Court rules statement made under Auditor’s Report amounts to an acknowledgment of Debt under IBC.

Uncrystallised loss, damages, interest cannot form part of Operational Debt: NCLAT.

Attorneys: Nagesh Putighe Mentor Ashutosh Gupta Managing Partner Aditi Gupta Partner Gaurav Rana Partner Ajitesh Kumar Advocate Yatharth Jain Advocate Shresth Garg Advocate Swati Sharma Advocate Tanmay Agarwal Associate Tanmay…

Continue ReadingUncrystallised loss, damages, interest cannot form part of Operational Debt: NCLAT.

Whether Section 11(D) of IBC bar Liquidation or Resolution Professional to initiate CIRP against another Corporate Debtor?

Attorneys: Nagesh Putighe Mentor Ashutosh Gupta Managing Partner Aditi Gupta Partner Gaurav Rana Partner Ajitesh Kumar Advocate Yatharth Jain Advocate Shresth Garg Advocate Swati Sharma Advocate Tanmay Agarwal Associate Tanmay…

Continue ReadingWhether Section 11(D) of IBC bar Liquidation or Resolution Professional to initiate CIRP against another Corporate Debtor?