Enforceability of Foreign Award - GoI can recover Petroleum due ...

Case Laws Insolvency and Bankruptcy

June 22, 2019

Enforceability of Foreign Award - GoI can recover Petroleum due when the Corporate Debtor is already under Insolvency - once order has been pronounced u/s. 7 of the I&B Code and declared “Moratorium”, there is prohibition to enforced for recovery against the said Corporate Debtor as well as institution of any suit or execution of any Judgment, Decree or Order of any Court of Law, Tribunal, Arbitration Panel - action on the part of the GoI, Ministry of Petroleum, is not legal

View Source

← Previous Next →

Enforceability of Foreign Award - GoI can recover Petroleum due ...

Case Laws Insolvency and Bankruptcy

June 22, 2019

You may also like:

Corporate insolvency resolution process (CIRP) initiated against corporate debtor and corporate guarantor. Financial creditor granted loan to corporate debtor, secured...

Initiation of CIRP - Mere allegation without any supporting evidence would not help the Corporate Debtor - As far as the loan taken by the applicant is concerned the...

Initiation of CIRP - Failure to pay outstanding salary dues to the employees - Operational Creditor has not received his dues from the Corporate Debtor and the...

Enforceability of part of the Foreign Award - A significant aspect of the Foreign Award is that it does not provide for a setoff. - f a set-off that enured to the...

Enforceability of foreign award - award has not born stamp duty in India - the expression “award” has never included a foreign award from the very inception till date....

Execution of conveyance deed - moratorium under effect - The bar under Section 14(1)(a) shall not be applicable here and the moratorium enforced shall nowhere come in...

Seeking to release the attachment of the tiles relating to the Corporate Debtor - Attachment of goods by the GST department before initiation of CIRP - The assets, which...

Initiation of CIRP - the Financial Creditor is trying to recover his dues through various legal actions which was being contested by the Corporate Debtor at every stage....

Deduction of 10% of the amount awarded to the award-holder as TDS and payment of the balance amount to the award-holder - Arrears of salary and interest - award-debtor,...

Rejection of the simultaneous claim by the Resolution Professional of the Corporate Debtor - Claim filed by the Applicant with respect to the corporate guarantee given...

CIRP - dues of EPF - The law as it exists today does not oblige the IRP/RP to send any information to any creditor or statutory authority even if the records of the...

Right to claim over property occupied by the Corporate Debtor - Even though the object behind imposing moratorium under section 14 of IB Code, is to prevent depletion of...

CIRP - If there are two borrowers or if two corporate bodies fall within the ambit of corporate debtors, there is no reason why proceedings under Section 7 of the IBC...

The appellant lacked locus standi to challenge the admission order passed by the Adjudicating Authority on a Section 7 application filed by SREI Equipment Finance...

The National Company Law Appellate Tribunal, Principal Bench, New Delhi, addressed the validity of the admission of a section 7 application in a Corporate Insolvency...

Quick Updates: