CTC Publication – March 23 - MMJC

1. Whether applications for avoidance of preferential transactions, maintainable after approval of resolution plan? High Court determines – In the matter of Tata Steel BSL Ltd (“Appellant”) Vs. Venus Recruiter Private Ltd. & Ors (“Respondent”) passed in the Delhi High Court dated January 13, 2023
2. SEBI orders lifting of corporate veil on all KMPs in the violation of siphoning of funds. Also penalizes company – Order of Adjudicating Officer of Securities and Exchange Board of India Name of the Case: In the matter of Coffee Day Enterprises Ltd

For detailed summary – please follow the link:

https://www.mmjc.in/wp-content/uploads/2023/04/March_2023.pdf