Resolution plan against the owner of land namely SevenHills ...

MCGM's Development Plans for Public Health Amenities Face Challenges from SevenHills Landowner's Resolution Plan Under MMC Act.

November 19, 2019

Case Laws Insolvency and Bankruptcy SC

Resolution plan against the owner of land namely SevenHills which was to be developed by the Municipal Corporation (MCGM) - The resolution plan would be a serious impediment to MCGM’s independent plans to ensure that public health amenities are developed in the manner it chooses, and for which fresh approval under the MMC Act may be forthcoming for a separate scheme formulated by that corporation (MCGM).

View Source

← Previous Next →

Resolution plan against the owner of land namely SevenHills ...

MCGM's Development Plans for Public Health Amenities Face Challenges from SevenHills Landowner's Resolution Plan Under MMC Act.

November 19, 2019

Case Laws Insolvency and Bankruptcy SC

You may also like:

The appellant's claim for Rs. 9.21 crores, arising from the termination of an agreement due to non-renewal of a performance bank guarantee, was not considered by the...

Exemption u/s. 11 - Charitable activity u/s 2(15) - Assessee trust is an autonomous body which is established under 5/2 of the Gujarat Town Planning and Urban...

Exemption from service tax - question of law or fact - Providing various taxable services like Cleaning Services, Manpower Recruitment, or Supply Agency Services etc.,...

Exemptions u/s.11 and 12 - charitable activity u/s 2(15) - General Public Utility (GPU) - Statutory Corporations, Boards, Authorities, Commissions, etc. (by whatsoever...

The NCLAT rejected the intervention application filed by the Appellant for approval of the Resolution Plan u/s 30 of the I&B Code. The Appellant was an unsuccessful...

Resolution plan approved by CoC cannot be challenged by individual homebuyer/allottee. Homebuyers/allottees who paid money for real estate project, whether genuine or...

Approval of a resolution plan - The Tribunal dismissed objections raised by dissenting homebuyers, citing that since the homebuyers as a class assented to the plans,...

Benefit of exemptions u/s.11 - the assessee is a Government agency and is engaged in co-ordinate and planned development of Jamnagar region which is pre-dominant object...

The case involved issues regarding the approval of a Resolution Plan, including eligibility criteria for association of allottees, locus to file an appeal, correctness...

Challenge to resolution plan as approved by the CoC - Merely because there is a reduction in the claim of any creditor does not make the resolution plan fall foul of law....

Challenging the approval of Resolution plan -Delaying Tactics - This ‘Tribunal’ taking note of the divergent contentions advanced on either side and also bearing in mind...

Approval of Resolution Plan - CIRP process - dissenting financial creditors - No financial creditor either assenting or dissenting can challenge a Resolution Plan, as...

The NCLAT dismissed the appeal challenging the approval of the resolution plan by the Committee of Creditors (CoC) and the Adjudicating Authority. The key findings were:...

The High Court held that once a resolution plan is approved u/s 31(1) of the Insolvency and Bankruptcy Code, 2016 (IBC), only the debts specified in the resolution plan...

Claim of appellant rejected on the ground that Resolution Plan has been approved by the CoC - right to claim consideration of claim again in third round - NOIDA’s status...

Quick Updates: