NCLT directs IRP to respond to 26,000 homebuyers of Supertech, ET LegalWorld
The National Company Law Tribunal (NCLT) has directed the interim resolution professional (IRP) to respond to applications filed by representatives of over 26,000 homebuyers of Supertech Ltd. Authorized Representatives (ARs), appointed by the order of NCLAT, and registered association post holders representing 26,500 home buyers from eleven projects of Supertech Ltd had filed their prayers […]
US firm alleges in SC its removal from CoC by IRP dealing with Byju’s insolvency case, ET LegalWorld
US-based creditor Glas Trust Company LLC on Tuesday told the Supreme Court that it has wrongly been removed from the committee of creditors (CoC) by the interim resolution professional (IRP) dealing with the insolvency proceedings against ed-tech firm Byju’s. The submissions were made by senior advocate Kapil Sibal, appearing for the US firm, before a […]