Search Results for Tag : Section 60(5)

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NCLAT: Cannot Seek Relief u/s 60(5) of IBC when Remedy u/s 42 is Not Exhausted(24.02.2025)

NCLAT New Delhi bench has held that relief against rejection of claims by the liquidator cannot be claimed under section 60(5) of the Insolvency and B.....

Tags : NCLAT New Delhi, Section 60(5), Section 42

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NCLT: No Sale of Assets Below 25% Reserve Price Cut Under Liquidation Regulations(13.08.2025)

NCLT Bengaluru has held that corporate debtor assets can't be sold below a 25% cut in reserve price. It observed that permitting such sales breaches I.....

Tags : NCLT Bengaluru, IBC, Liquidation Regulations, Reserve Price, Corporate Debtor, Section 60(5)

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