section 7 of Insolvency and
Bankruptcy Code, 2016 positively. No new petition shall be entertained
without record of default under section 7 of IBC ... section. However, all factors
being taken in consonance and on a harmonious reading of section 215 of the
IBC, 2016 with section 7
IBC was filed. The nature of
proceedings under Section 95 of the IBC has now received judicial
interpretation. The proceedings under Section 7 are instituted ... sets of
proceedings i.e. proceeding under Section 7 and under Section 95 of
the IBC, are pending before the Learned National Company Law
Tribunal
objections with regard to the maintainability of the
application under Section 7 of the IBC, in its true
legal perspective.
4. According to Mr. Bhattacharya ... clause in
the purported loan agreement barred the
proceedings under Section 7 of IBC. An
application under Section 8 of the
Arbitration and Conciliation
mortgage or otherwise charged upon
immovable property. An application under Section 7 of IBC would be covered
by the residuary clause under Article ... should be
read in the context of Section 3(11) and Section 7(1) of the IBC. In view of the
provisions of the IBC
High Court which was eventually dismissed.
Thereafter the proceeding under Section 7 of the IBC Code, 2016 was
filed by the SBI against ... want to forestall the hearing of a proceeding under
Section 7 of IBC but later on turned around and intended to seek the relief
Maharashtra filed an application under Section 7 of the
Insolvency and Bankruptcy Code, 2016 (in short 'IBC') before the NCLT,
Kolkata ... order dated December 22, 2017, the application under
Section 7 of the IBC was admitted and Corporate Insolvency Resolution
Process (CIRP) was initiated. On October
December 22, 2017, the date when
the application under Section 7 of the IBC was admitted against the opposite
party by the NCLT ... corollary to it is that the claim made under
Section 7 of the IBC, if allowed and the money repaid to the petitioner earlier
than
argued by
pressing in service pendency of an application under section 7 of Insolvency and
Bankruptcy Code 2016 (in short I.B.C.) filed ... said petition for initiation of corporation
insolvency process under Section 7 of IBC was admitted and Mr. Vijaya kumar
Iyer was appointed an interim resolution
brevity,
'the IBC'), on an application filed under Section 7 of the IBC by the
Stressed Assets Stabilisation Fund. Pursuant to the order ... provision of the IBC, and, therefore, Section 238 thereof will not
come into play. Section 30(2)(e) of the IBC expressly preserves such
legal
suspended by the eventual outcome of a
proceeding under Section 7 of the IBC, 2016.
The company functions through its directors. The directors are
responsible ... suspended by the eventual outcome of a proceeding under section 7
of the IBC. This court in Gouri Shankar Jain (supra) held, thus
