Byju's committee of creditors votes to appoint new resolution professional
passed a resolution to replace the resolution professional (RP) of the beleaguered edtech firm and appoint Shailendra Ajmera ...
Resolution plan binding even if stakeholder not party to NCLT case: SC
“No doubt that even if any stakeholder is not a party to the proceedings before the NCLT and if such stakeholder does not ...
No tax demand after resolution plan approval, says Supreme Court
A corporate debtor, under IBC, is a company or LLP that owes a debt to any person. A successful resolution applicant is a ...
Tax Guru15h
Statutory Dues Not Included in Resolution Plan Stand Extinguished Post Approval: SC
The Supreme Court found that, under Section 31 of the IBC, once a Resolution Plan is approved, all claims not included in the plan stand extinguished. Citing the precedent set in Ghanashyam Mishra & ...
Mint1mon
Twist in Byju’s tale: resolution professional change pushed to March amid objections
The Bengaluru insolvency court on Monday deferred until 19 March its decision to approve the appointment of Shailendra Ajmera as the new resolution professional (RP) to take charge of the ...