Insolvency & Bankruptcy

08. 08
2023
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Coffee Culture Pioneer Faces Insolvency

Coffee Day Global, the company that operates Cafe Coffee Day, has been admitted into the process of corporate insolvency by the Bengaluru Bench of the National Company Law Tribunal. In the previous week, the Tribunal issued an oral order wherein it approved the inclusion of the unlisted firm into the insolvency procedure. This decision came […]
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19. 01
2021
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Union Ministry in All IBC Proceedings: NCLT

Maheshwari & Co. Advocates and Legal Consultants with a view to provide an efficacious and speedy conclusion of the insolvency and bankruptcy resolution had introduced its Insolvency and Bankruptcy Department. Our aforesaid insolvency Team is fully and exclusively dedicated with the sole aim of providing such services to our clients with would result into a […]
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19. 01
2021
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NCLAT Quashes Insolvency Order

The National Company Law Appellate Tribunal (NCLAT) in the case of Mobme Wireless Solutions Ltd. (MWSL) vs Bhash Software Labs Pvt Ltd (BSLPL) declared all actions taken by the Interim Resolution Professional (IRP) to be illegal. The act was declared illegal pursuant to NCLAT setting aside the order passed by Chennai bench of the NCLT […]
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19. 01
2021
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CIRP Period of 270 Days: Mandatory or Not?

Over the Period of time, the Insolvency and Bankruptcy Code, 2016(Code), has largely been settled for the questions related to admission of any CIRP application; however there are requirement for clarifications on the post-admission stage procedure of the Code. One of the debated matters in the Code is the stipulatedtime limit for concluding the Corporate […]
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