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 application under Section 9 I&B Code before expiry of 10 days from date of giving notice under Section 8(1): NCLAT
[Jaya Patel v. Gas Jeans (P) Ltd., 2018 SCC Online NCLAT 783, order dated 08-10-2018]
Admission of application under Section 7 of I&B Code even after settlement between parties declared illegal
[Gaurav Pandey v. Eternity Investment Services (P) Ltd., 2018 SCC Online NCLAT 836, order dated 30-11-2018]
No appeal against reference of arbitration lies under Section 421 of Companies Act, 2013
[Richa Kar v. Actoserba Active Wholesale (P) Ltd., 2019 SCC Online NCLAT 2, order dated 11-01-2019]
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