NCLAT Delhi held that additional time granted to vacate the property due to the fact of monsoon season and directed to vacate the premises in question till 15.09.2025. Appeal disposed of accordingly.
Liquidator vide letter dated 20.11.2021 did not accept the claim principally on the ground of violation of Moratorium. On instructions of the Liquidator, the Corporate Debtor has challenged the order dated 11.10.2021 passed u/s. 7A of the EPF Act before CGIT Ahmedabad in appeal bearing EPF Appeal (CGIT) No.36 of 2021.
NCLAT rejected the recall of its 01.02.2023 order and dismissed the condone delay application of 248 days, as appellant himself had requested withdrawal earlier.
The NCLAT Chennai has dismissed an appeal filed by a shareholder of a company undergoing CIRP, holding that an appeal at the behest of a shareholder is not maintainable.
NCLAT rules that personal guarantees cannot be invoked after a resolution plan, approved by the Committee of Creditors, agrees to their release upon payment.
NCLAT ruled that dues assessed post-moratorium and not claimed during CIRP cannot be enforced against the resolution applicant. Appeal dismissed.
NCLAT Delhi dismisses appeal, ruling that an insolvency process withdrawn under a settlement can be revived if the corporate debtor defaults on the agreed-upon terms.
NCLAT has rejected an appeal by Technio Business Solutions, citing a lack of credible reasons for a 172-day delay in refiling. NCLAT found the explanations to be baseless.
The NCLAT has dismissed an appeal by Saurabh Premprakash Chugh, upholding a lower court’s decision that his second insolvency application was barred by res judicata.
NCLAT Delhi held that Insolvency and Bankruptcy Code [IBC] being a time bound matter, refiling delay in appeals is not condonable without any strong and credible reasons. Accordingly, application for condonation of delay in refiling appeal rejected.
