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Registration Of Security Interest With CERSAI Is Sufficient To Claim Status Of Secured Financial Creditor: NCLAT

The Nationwide Firm Legislation Appellate Tribunal (NCLAT) New Delhi bench of Justice Rakesh Kumar Jain (Judicial Member), Justice Mohammad Faiz Alam Khan and Mr. Naresh Salecha (Technical Member) has held that safety curiosity could be proved by means of its registration with Central Registry of Securitisation Asset Reconstruction and Safety Curiosity of India (CERSAI) and…

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Litigants Are Not Trained Advocates, Restoration Application Can’t Be Dismissed Due To Counsel’s Failure To Inform Of Proceedings: NCLAT

The Nationwide Firm Legislation Appellate Tribunal (NCLAT) New Delhi bench of Justice Rakesh Kumar Jain (Judicial Member), Mr. Naresh Salecha (Technical Member) and Mr. Indevar Pandey (Technical Member) has held that the restoration software below Rule 48(2) of the Nationwide Firm Legislation Tribunal (NCLT) Guidelines, 2016 can’t be dismissed if the software is filed inside…

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