Courts: NCLAT
Read latest NCLAT judgments and orders on insolvency, IBC, company law, corporate disputes, competition matters and other appellate proceedings.
NCLAT upheld admission of Insolvency application & dismissed appeal by Former Promoter
Status quo order restoring liquidator under voluntary liquidation process not justified
Contingencies as part of resolution plan justifiable: NCLAT Delhi
Application u/s. 9 of IBC not rejectable as undisputed significant portion of debt is above threshold limit
Submission of amended petition by adding relief without obtaining order not tenable
Delay in restoration appeal against NCLT order condoned as sufficient cause shown: NCLAT Delhi
Delay of 147 days in refiling appeal against NFRA order without appropriate reasons not condoned
Approval of resolution plan doesn’t ipso facto absolve guarantor
Delay in filing Restoration Application in Contempt Proceedings condoned by NCLAT
Demerger between closely held family concerns allowed based on shareholders unequivocal consent
Resolution plan didn’t require prior approval of CCI as exempt vide MCA notification dated 07.03.2024
Existence of financial debt and default thereof established hence section 7 application rightly admitted
Liquidation application to be proceeded as resolution plan not implemented
Section 7 application under IBC admissible as debt and default proved
NCLAT brings together judgments and orders of the National Company Law Appellate Tribunal published on TaxGuru. The archive covers appeals involving the Insolvency and Bankruptcy Code, company law, corporate insolvency resolution, liquidation, oppression and mismanagement and other matters falling within NCLAT’s jurisdiction, including applicable competition-law proceedings. Insolvency professionals, companies, creditors, resolution applicants, Chartered Accountants, Company Secretaries and advocates can use this category to research NCLAT precedents and follow important developments in insolvency and corporate jurisprudence.
