demand notice dated 28th February, 2017 issued under sub-section (1) of
section 8 the IBC Code and submitted that the said notice has been ... Kumar, Advocates to issue demand notice under sub-section ,( 1) of
section 8 of the IBC Code, what we find that the petition under Section
nothing to do with the requirement of sub-section(8)
14
of section 5 . It is the consideration for the time value of money
which ... financial debts is illustrated in sub-clause (a) of sub-section (8)
of Section-5 i.e. the money borrowed against the payment of
interest
Mehta and Sons", this Appellate Tribunal while
noticed sub-section (8) of Section 5 of the 'I&B Code' observed ... have to be satisfied which is
defined in Section 5(8) of the IBC. The opening
words of the definition clause would indicate
that
have to be satisfied which is defined in Section
5(8) of the IBC The opening words of the
definition clause would indicate that ... equity has been implied by the opening words
of Section 5(8) of the IBC. It is true that there are
complex financial instruments which
provisions contained under Section 2 (e) , 3 (2) , 3 (7) , 3 (8) , 3(11) , 3 (12) 5 (8) and on the basis of aforesaid provisions ... controversy in hand, Sections 2 , 3 , 5 , 6 , 7 , 8 , 10 , 12 , 14 , 31 , 33 and 60 of the IBC 2016 are extracted below
provisions of
Insolvency and Bankruptcy Code, 2016 (in short
'IBC') by challenging the Decision of the
Reserve Bank of India (in short ... Petitioner under the
Provisions of IBC and the decision of Consortium
Of Lenders to initiate Petition under Section 9
of The Insolvency and Bankruptcy Code
provisions of
Insolvency and Bankruptcy Code, 2016 (in short
'IBC') by challenging the Decision of the
Reserve Bank of India (in short ... Petitioner under the
Provisions of IBC and the decision of Consortium
Of Lenders to initiate Petition under Section 9
of The Insolvency and Bankruptcy Code
approval of Resoution Plan under section 31(1) or an order of
Liquidation of the CD under Section 33 . A resolution Plan will be approved ... requirements of
such a Plaint, as st out in Section 30 of the IBC. In the given case,
Resolution Plan submitted by the Resolution Applicant
made, it will affect the very
Page 4 of 8
HC-NIC Page 4 of 8 Created ... supported the submission made by learned
Page 5 of 8
HC-NIC Page 5 of 8 Created
Commissioner Of vs M/S Rambus Chip Technologies (India) on 8 November, 2017
Author: P.S.Dinesh Kumar
Bench: P.S.Dinesh Kumar ... IBC KNOWLEDGE PARK
4/1, BANNERGATTA ROAD
BANGALORE ...RESPONDENT
(BY SRI T.SURYANARAYANA, ADVOCATE)
THIS INCOME TAX APPEAL IS FILED UNDER SECTION
