SK Law House Legal Articles
Law updates, legal guidance, and practical articles for clients and readers of `sklawhouse.com`.
Articles tagged #CorporateLaw
CoC Cannot Withdraw Approved IBC Resolution Plan Before NCLT Confirmation Even If Company's Profitability Improves: Supreme Court (2026 INSC 1154)
In Bank of India & Ors. v. S.M. Kamal Pasha & Ors. (2026 INSC 1154), the Supreme Court held that once the Committee of Creditors approves a resolution plan and places it before the NCLT, neither the CIRP application nor the approved plan can be withdrawn merely because the debtor's finances improved.
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Supreme Court Refuses Enforcement of UK Judgment in Air Liquide vs Goyal MG Gases: Natural Justice Prevails
Foreign judgments are not automatically enforceable in India. Supreme Court refused to enforce a UK decree citing violation of natural justice and lack of fair trial under Section 13 CPC.
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Telecom Spectrum Not an Asset Under IBC: Legal Position Explained (2026)
Telecom spectrum is not treated as an asset under IBC. Learn the legal position, public trust doctrine, and its impact on telecom insolvency in India.
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