IBC - Case Law (Offences & Penalties) Reference Library

25 Dec 2024

Hierarchy of Indian Courts

at December 25, 2024 No comments:

Email This BlogThis!Share to X Share to Facebook Share to Pinterest

Labels: hierarchy-of-indian-courts

Newer Posts Older Posts Home

Subscribe to: Posts (Atom)

Mr. Akshay Singhal & Anr. vs Mr. Keshav Khaneja & Anr. - The ambit and scope of the Adjudicating Authority in terms of Section 60(5) of the IBC is wide enough for the Adjudicating Authority to have issued the directions to the Appellants to continue to cooperate in the identification and recovery of EVs with the Respondent No. 1 in the discharge of his duties for taking control and custody of assets over which the Corporate Debtor had ownership rights which directions had clear nexus with the insolvency resolution proceedings of the Corporate Debtor.

NCLAT (2026.08.06) in Mr. Akshay Singhal & Anr. vs Mr. Keshav Khaneja & Anr. [ Comp. App. (AT) (Ins) No. 1364 of 2026] held th...

Phenix Building Solutions Pvt. Ltd. Vs. Mascot Suryapur LLP - Such conduct amounts to an abuse of the process of law and misuse of the provisions of the Code, as the interest claim is unsupported by any binding contractual term, rendering the aggregation mala fide as the artificial aggregation of un-agreed interest to circumvent the threshold constitutes abuse of process

NCLT Ahd. (2025.10.27) in Phenix Building Solutions Pvt. Ltd. Vs. Mascot Suryapur LLP [(2025) ibclaw.in 2363 NCLT, CP (IB) No. 73/9/AHM/2024...
Sh. Ashish Chaturvedi & Anr Vs. Sh. Sanjay Garg - In IA No 1253 of 2020, the resolution professional had sought directions under Section 19(2) for the suspended board of directors for providing the record and other information of the Corporate Debtor. After hearing in detail, the adjudicating authority, on 9/11/2020 ordered that both directors of the CD namely Ashish Chaturvedi and Sanjay Kapoor have grossly violated the provisions of Section 128(5) of the Companies Act 2013, for which the punishment is provided under Section 128(6) of Companies Act 2013. Invoking the provisions under Section 128(6) of the Company Act 2013, the adjudicating authority imposed a penalty of Rs 5,00,000 on each namely Mr Ashish Chaturvedi and Mr Sanjay Kapoor.

NCLAT (2025.04.23) in Sh. Ashish Chaturvedi & Anr Vs. Sh. Sanjay Garg [Company Appeal (AT) (Insolvency) No. 432 & 433 of 2025] hel...
Mr. Rahul Gupta Vs. Chandra Prakash - An act which is termed as offence within specific provision of Chapter VII of Part-II could not have been indirectly dealt with by the Adjudicating Authority by imposing a fine.

NCLAT (19.10.2023) in Mr. Rahul Gupta Vs. Chandra Prakash [Company Appeal (AT) (Insolvency) No. 966 of 2022 ] held that; “The offences and...

Followers

Disclaimer

The sole purpose of this library is to create awareness on the "IBC - Case Law" and to provide synopsis of the concerned case law, must not be used as a guide for taking or recommending any action or decision. A reader must refer to the full citation of the order & do one's own research and seek professional advice if he intends to take any action or decision in the matters covered in this Library.

Home

Search This Blog

Labels

appointment-replacement-of-liquidator (1)
article-226-writ-jurisdiction (1)
assets-preserve-maximize-the-value (1)
CIRP-closure-rescinded (2)
CIRP-management-of-CD (1)
claims-extinguished (1)
claims-not-filed-submitted (1)
claims-pf-pension-gratuity (1)
claims-statutory-dues (1)
claims-verification-cost-on-rp (2)
CoC-commercial-wisdom (2)
CoC-judicial-review-of-decisions (2)
CoC-non-cooperation (1)
competency-of-complainant-SCI (1)
contempt-of-court-proceedings (3)
criminal-breach-of-trust (3)
date-of-payment-of-cheque (1)
doctrine-of-double-jeopardy (1)
essential-critical-goods-&-services (1)
exclusion-extension-of-time-liquidation (1)
financial-debt-and-default (1)
FIR-for-offences-under-IBC (2)
fraudulent-initiation-of-proceedings-S.65 (1)
fresh-pleadings-in-appellate-court (2)
hierarchy-of-indian-courts (1)
high-court (6)
important-rulings (1)
judicial-magistrate-first-class (1)
jurisdiction-nclt-nclat (8)
jurisdiction-nclt-nclat-rule11 (1)
jurisdiction-to-award-punishment (1)
liberty-to-approach-IBBI (1)
metropolitan-magistrate (1)
natural-justice (1)
NBW-enforcing-attendance (1)
nclat (31)
nclt (26)
non-bailable-warrant (1)
offences-and-penalties-in-IBC (27)
operational-debt (1)
PCA-prevention-of-corruption-act (2)
perjury-proceedings-in-NCLT (4)
PG-insolvency-of-personal-guarantor (1)
possession-of-property-assets (2)
public-servant-PCA (2)
PUFE-avoidance-transaction (1)
PUFE-fraudulent-transactions (3)
PUFE-preferential-related-party (1)
PUFE-preferential-transactions (2)
recovery-during-moratorium (1)
recovery-of-debt-of-CD (1)
recovery-of-pre-CIRP-dues (1)
reference-to-MCA-IBBI (4)
reference-to-tax-authorities (1)
related-party-debt (1)
resolution-plan-approval (1)
resolution-plan-modification-post-approval (1)
role-suspended-directors-partners (1)
RP-cannot-initiate-prosecution-S.70 (1)
section-007-intervention-app-in-S.65 (1)
section-012A-withdrawal-application (2)
section-014-moratorium-CIRP (3)
section-014-withdrawal-inmoratorium (1)
section-019-AA-notice-before-orders (1)
section-019-application-revived-NCLAT (1)
section-019-cooperation-of-directors (19)
section-019-dispute-between-parties. (1)
section-019-judicial-fraud (1)
section-019-orders-of-AA (1)
section-019-police-assistance (1)
section-019-recovery-of-receivables (1)
section-019-stay-on-proceedings (1)
section-019-voluntary-liquidation (1)
section-032A-protections (1)
section-033-liquidation-order (2)
section-036-liquidation-estate (1)
section-054-dissolution-order (1)
section-060(5)-jurisdiction-nclt (1)
section-065-adequate-pleadings-findings (2)
section-065-application (18)
section-065-application-in-CIRP (1)
section-065-CIRP-rescinded (1)
section-065-fine-imposed (3)
section-065-fraudulent-malicious-cirp (19)
section-065-fraudulent-malicious-intent (1)
section-065-intervention-app-in-S.7 (1)
section-065-penalty-jurisdiction (1)
section-065-pendency-insolvency-app. (2)
section-065-recording-an-opinion (1)
section-065-show-cause-notice (2)
section-065-suo-moto-cognizance (1)
section-066-fraudulent-trading-in-CIRP (1)
section-066-punishment-under-CA (1)
section-069-defrauding-creditors (2)
section-069-direction-for-prosecution (1)
section-070-disclosure-information (4)
section-070-disclosure-property (3)
section-073-false-rep-to-creditors (1)
section-074-flouting-moratorium (2)
section-074-flouting-resolution-plan (1)
section-213-CA-prima-facie-case (1)
section-235A-jurisdiction-of-AA (2)
section-235A-punishment (2)
section-236-cognizance-of-offence (2)
section-236-prosecution-for-offences (9)
section-236-special-court (7)
section-236-special-court-jurisdiction (1)
section-74(3)-wilful-failure-to-implement (1)
SFIO-MCA-investigation (4)
special-court-under-S.236 (4)
statutory-dues (1)
supreme-court (6)
trust-funds (1)
winding-up-petition (1)
withdrawal-of-money-by-directors (1)

About Me

Arvind Mangla

View my complete profile

Total Pageviews

Blog Archive

August 2026 (1)
July 2026 (1)
May 2026 (1)
March 2026 (1)
November 2025 (2)
August 2025 (3)
July 2025 (4)
June 2025 (2)
December 2024 (1)
November 2024 (62)

Report Abuse

Simple theme. Powered by Blogger.