May 28, 2018

Between the Lines - May 2018

We are pleased to share with you a copy of our newsletter “Between the Lines”, May 2018, a briefing on legal matters of current interest.
Below are the key highlights of the publication:
  • NCLT allows consideration of revised offer by UltraTech Cement Limited upholding the objective of IBC in the insolvency resolution of Binani Cement Limited
  • Resolution Plan cannot be rejected on the ground of delay emanating from document internally circulated by the Resolution Professional or the Committee of Creditors
  • Entity in liquidation can now be sold as a going concern
  • Supreme Court on denial of insurance claim and arbitrability of dispute
We trust that you will find the same useful. Looking forward to receiving your valuable feedback.
For any details and clarifications, please feel free to write to:
Mr. Bomi Daruwala: [email protected]