201902.20
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Doctrine of Merger

Doctrine of Merger FACTS A Constitution Bench of the Allahabad High Court declined a reference made to reconsider the law laid down in Dr. Vishwajeet Singh and Ors. V. State of Uttar Pradesh, which dealt with the application of reservation of law in Uttar Pradesh for faculty positions in Higher Educational Institutions. The provisions of the U.P. State…

201902.20
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INSOLVENCY OF BINANI CEMENT – A CASE STUDY

INSOLVENCY OF BINANI CEMENT – A CASE STUDY IN THE NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI Binani Industries Limited VS.Bank Of Baroda And Anr. [company appeal (at) (insolvency) no. 82 of 2018]dated: 14.11.2018 DETAIL OF APPEALS WITH NCLAT In this case, following appeals were filed with the NCLAT: Company Appeal No. 82, arising out…

201902.09
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Important Orders of NCLAT under IBC

Important Orders of NCLAT under IBC Some of the important orders of NCLAT are as below Allottees of real estate project ‘financial creditors’ under amended Section 5(8)(f) of I&B Code; appeal against NCLT order allowed [Rajendra Kumar Saxena v. Earth Gracia Buildcon (P) Ltd., 2018 SCC Online NCLAT 711, order dated 11-09-2018]  NCLT not to entertain…