WebJun 24, 2024 · Lalit Kumar Jain vs Union of India & Ors. Case Number: Transferred Case (Civil) No. 245/2024 and other Writ petitions. Judges Name: Hon’ble Judges Justice L. Nageswara Rao; and Justice S. Ravindra Bhat. Order dated: 21.05.2024. WebMay 27, 2024 · Additionally, the apex court does not answer on the contention submitted by Lalit Kumar Jain – that an AA does not have to consider whether the underlying debt owed by the CD to the creditor stands discharged or extinguished by Sections 99 and 100 of the I&B Code. Conclusion.
LALIT KUMAR JAIN MD, FAAP, NPI 1831176650 - Pediatrics in …
WebAug 6, 2024 · The Lalit Kumar Jain v. Union of India & Ors. (2024) case turned out to be a landmark judgement that finally put to rest a longstanding legal storm and battle between a consolidation of corporates and the Union Government, which began in the month of November 2024. Web“Lalit Kumar Jain worked with me for less than a year in 2001, but he impressed me as a sincere and competent professional. As Manager (Systems) he handled project management, quality assurance and deployment for some of our client projects. nick stellino cooking videos
Supreme Court ruling to hold personal guarantor accountable in …
Web“Lalit Kumar Jain worked with me for less than a year in 2001, but he impressed me as a sincere and competent professional. As Manager (Systems) he handled project … WebJul 8, 2024 · In its decision in Lalit Kumar Jain v. Union of India2, the Supreme Court allowed creditors like banks and other financial service providers to proceed against personal guarantors including promoters, MDs, and Chairmen of the corporate debtor for recovery of corporate loans under the Insolvency and Bankruptcy Code, 2016 3 (IBC). WebAug 31, 2024 · The Supreme Court, in a recent judgment titled Lalit Kumar Jain vs. Union of India & Others (along with numerous other matters) 1, has held that a personal guarantor cannot be absolved of their responsibilities to pay back the lenders, as they are bound by separate contracts, for a corporate undergoing resolution under the Insolvency and … no way out but war