WebThe Tribunal while passing the order followed the settled principle enumerated in the Judgment of Hon'ble Supreme Court in the case of Binani Industries Ltd. Vs. Bank of Baroda C.A. (AT) (Ins) No. 82 of 2024 and Swiss Ribbon Pvt. Ltd. Vs. Union of India 2024 (4) SCC 17 (paragraph 26 and 27). Web3. The ‘Binani Cement Limited’, a flagship subsidiary of the Appellant- ‘Binani Industries Limited’ representing the ‘Braj Binani Group’, has preferred Company Appeal (AT) …
Binani Industries Ltd. V. Bank of Baroda and Another - An …
WebCOMPANY APPEAL(AT)(INS) NO. 88 & 122 OF 2024 2 Mr. R. Sudhinder, Mr. Sooriya Ganguli, Ms. Amrita Sarkar, Advocates for Committee of Creditors. Mr. Mahesh Agarwal and Ms. Aastha Mehta, WebFeb 12, 2024 · In the matter of Binani Industries Limited Vs Bank of Baroda & Anr. [Company Appeal (AT) (Insolvency) No. 82 of 2024], it is inter alia mentioned that "...if one type of credit is given preferential treatment, the other type of credit will disappear from market. This will be against the objective of promoting availability of credit". shipley bold kolache
Powers and Jurisdiction of NCLT/ NCLAT - Manupatra
WebThe recent judgment of Hon’ble National Company Law Appellate Tribunal (NCLAT), New Delhi in the case of Binani Industries Limited v Bank of Baroda, has made significant observations on certain aspects pertaining to Insolvency & Bankruptcy Code, 2016 (IBC). Though the judgement contains various aspects, decided by the Hon’ble NCLAT, in this … WebSome rulings, such as the Binani Industries Ltd. v. Bank of Baroda case, demonstrated inconsistency with the preceding cases and stated their claims for fair treatment for all creditors. This was a one-of-a-kind ruling that outlined the operational creditor’s interests but omitted to name the operational creditor in the CoC. Web6 Binani Industries Limited v. Bank of Baroda & Anr., [CA (AT) No. 82,123,188,216 & 234 -2024]. ... 12 ICICI Bank v. Innoventive Industries., [MA 157 in CP 01/I&BP/2016] 13 Super Multicolor Printers Private Limited., [ CA No.72/2024 in CP (IB) No.8/CHD/2024] 14 Innoventive Industries v. Maharashtra State Electricity Distribution Company Ltd ... shipley boat inn derbyshire