Search Results for Tag : Liquidator
News
Shareholders can Apply for Settlement Approval with Creditors Even After Liquidator Appointed: NCLAT(16.04.2019)
National Company Law Appellate Tribunal has held that shareholders/promoters of a company can file application for approval of settlement with credito.....
Tags : NCLAT, Settlement Approval, Official Liquidator
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NCLAT: AA Can Consider Any Application Arising Out Of Sale In Liquidation(19.10.2022)
National Company Law Appellate Tribunal, Delhi has observed that the Adjudicating Authority (AA) is empowered to consider any application filed by the.....
Tags : National Company Law Appellate Tribunal, Liquidator, Auction, Adjudicating Authority
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NCLAT: Adjudicating Authority Can Invoke Inherent Powers To Replace The Liquidator(21.10.2022)
National Company Law Appellate Tribunal has held that the Adjudicating Authority can invoke its inherent powers to replace the Liquidator and to do s.....
Tags : National Company Law Appellate Tribunal, Liquidator, inherent
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SC: Valid Auction Can’t be Cancelled on Mere Expectation of Fetching Higher Price(08.09.2023)
Supreme Court has held that while the highest bidder has no indefeasible right to demand acceptance of his bid, mere expectation of the Liquidator tha.....
Tags : Supreme Court, Auction, Liquidator, Higher Price
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International Cases
Court has power to allow liquidator to dispense with Rule 7.5(6) of Supreme Court (Corporations) Rules, 2004(24.08.2023)
By originating process filed on 6 April 2023 (Application), the first and second plaintiffs as liquidators (Liquidators) of Maybach Consulting Pty Ltd.....
Tags : Liquidator, Release, Entitlement
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Court has power under Section 25(9) of the Supreme Court Act, to appoint a receiver where it appears to be just and convenient(20.12.2023)
In facts of present case, the first Plaintiff, Jennifer Elizabeth Low, was appointed as liquidator of the second plaintiff, Midwest Marine Pty Ltd (Li.....
Tags : Appointment, Liquidator, Power
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