NLU- D -INSOLVENCY MOOT, 2017

CLARIFICATIONS

4. Whether third party can propose resolution plan?

5. Whether HC of Karnataka can attach Mumbai bank accounts cash in case of default of
payment?

1. Whether resolution passed by board of directors to sell Mumbai house to MD for Rs 5

crore to raise funds was valid or not?
2. Whether GSES can cut power supply due to non-payment of bills during moratorium
period?
1. Whether financial creditor is justified in approaching NCLT?
2. Whether lessee of corporate debtor can adjust lease amount to write off debt as he could
not pay the debts because of nonpayment by his clients?
3. Whether IBBI has to give grounds for rejection of IRP recommendation

Other Parties

Whether PEG has submitted claims in time?

Public Depositors-operational creditors or not?