courtkutchehry.com National Company Law Tribunal

        NAME MOBILE NO. E-MAIL I’D RANJEET   KUMAR 8383098478 ,  9667769795 rk@courtkutchehry.com JAI THAKUR 8130703334 ,  9355723300 jai.thakur@courtkutchehry.com RAJEEV   RANJAN 9334553249 rajiv.ranjan@courtkutchehry.com ASHOK   MISHRA 9718327746 sales@courtkutchehry.com RAVI   KUMAR ravi.singh@courtkutchehry.com Enam Advisors And Investment Consultants Private Limited Vs. Enam Securities Private Limited, (2020) 08 NCLT CK 0007 NCLT allowed the Petition filed by the Petitioner seeking sanction under sections 230 to 232 of the Companies Act, 2013 of the Scheme of Amalgamation between the Transferor Company/Petitioner Company 1) and the Transferee Company/Petitioner Company 2)and their respective shareholders. While allowing the Petition NCLT held that from the material on record, the Scheme appears to be fair and reasonable and does not violate of any provisions of law and is not contrary to public policy. Since all the re...

        NAME MOBILE NO. E-MAIL I’D RANJEET   KUMAR 8383098478 ,  9667769795 rk@courtkutchehry.com JAI THAKUR 8130703334 ,  9355723300 jai.thakur@courtkutchehry.com RAJEEV   RANJAN 9334553249 rajiv.ranjan@courtkutchehry.com ASHOK   MISHRA 9718327746 sales@courtkutchehry.com RAVI   KUMAR ravi.singh@courtkutchehry.com Utkrist Infraprojects Private Limited Vs. Registrar Of Companies, Uttar Pradesh And Uttarakhand, (2020) 08 NCLT CK 0005 A Single Bench of the NCLT allowed appeal filed by the Appellant U/s 252(3) of the Companies Act,2013 read with Rule 87A of the National Company Law Tribunal Rules, 2016 for restoration of name of Utkrist Infraprojects Private Limited struck off by the Registrar of Companies, Uttar Pradesh U/s 248 of the Companies Act, 2013 read with Companies(Removal of Names of Companies from the Register of Companies) Rules, 2016,from the Register of Companies maintained by the Registrar of Companies, Uttar P...

        NAME MOBILE NO. E-MAIL I’D RANJEET   KUMAR 8383098478 ,  9667769795 rk@courtkutchehry.com JAI THAKUR 8130703334 ,  9355723300 jai.thakur@courtkutchehry.com RAJEEV   RANJAN 9334553249 rajiv.ranjan@courtkutchehry.com ASHOK   MISHRA 9718327746 sales@courtkutchehry.com RAVI   KUMAR ravi.singh@courtkutchehry.com Sunil G. Nanal Vs. Facor Steels Limited, (2020) 08 NCLT CK 0017 A Division Bench of the NCLT partially allowed the application filed by the Appellant for the Assets of sale as Private contract to Resolution Applicant and allow the proceeds of the Sale be distributed by the Liquidator as per Section 53 of the Insolvency and Bankruptcy Code, 2016. While partially allowing the application NCLT held that on seeing the Regulation 33 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulation, 2016, it is clear that the Adjudicating Authority has the power to permit the private sale subject to cert...

        NAME MOBILE NO. E-MAIL I’D RANJEET   KUMAR 8383098478 ,  9667769795 rk@courtkutchehry.com JAI THAKUR 8130703334 ,  9355723300 jai.thakur@courtkutchehry.com RAJEEV   RANJAN 9334553249 rajiv.ranjan@courtkutchehry.com ASHOK   MISHRA 9718327746 sales@courtkutchehry.com RAVI   KUMAR ravi.singh@courtkutchehry.com Axis Bank Limited Vs. Ind-Barath Power Gencom Limited, (2020) 08 NCLT CK 0018 A Division Bench of the NCLT allowed the application filed by the Resolution Professional/applicant, under section 60(5) of the Insolvency and Bankruptcy Code, 2016 seeking extension of CIRP period by 90 days from 19.08.2020 for completion of Corporate Insolvency Resolution Process of Corporate Debtor. While allowing the application NCLT held that the RP is authorized to move the application before Adjudicating Authority for extension of CIRP. The grounds for extension is to complete the CIRP of the corporate debtor and comply with the ...