Tag: InsolvencyLawIndia
Supreme Court Upholds IBC Principle: All Claims Outside Resolution Plan Are Extinct
Introduction The Supreme Court of India in Electrosteel Steel Limited vs Ispat Carrier Private Limited (Civil Appeal No. 2896 of 2024 arising out of SLP (C) No. 15823 of 2023), reinforced a pivotal principle governing
Buyer Beware: Court Holds New Management Liable for Unpaid Gratuity in Insolvency Cases
The High Court of Calcutta recently delivered a significant judgment in the case of M/s. Stesalit Limited vs. Union of India & Ors., addressing disputes over gratuity payments under the Payment of Gratuity Act, 1972,
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