Courts: NCLAT
Read latest NCLAT judgments and orders on insolvency, IBC, company law, corporate disputes, competition matters and other appellate proceedings.

Liquidator rightly cancelled sale certificate on failure to make payment by successful bidder: NCLAT Delhi

Property not owned by Corporate Debtor cannot be sub-leased by liquidator without prior permission

Date of declaration of loan as NPA can be date of default for initiation of action u/s. 7 of IBC

Guarantor couldn’t become financial creditor without payment in discharge of guarantee

Non-stamping of promissory note cannot be reason to reject application u/s. 7 of IBC: NCLAT Delhi

Power to determine Related Party Status of Creditor was with Resolution Professional

Section 43 of IBC not attracted where no transaction was made by Corporate Debtor: NCLAT Delhi

CIRP if initiated fraudulently the same can be set aside: NCLAT Delhi

Petition u/s. 7 admissible when interest amount exceeds 1 Crore: NCLAT Delhi

Application u/s. 9 of IBC not maintainable on account of pre-existing dispute: NCLAT Delhi

PBG amount of Corporate Debtor can be demanded by Liquidator u/s. 60(5)(c): NCLAT Delhi

No modification possible in Information Memorandum prepared based on Resolution Plan submitted and approved by CoC

Application for staying auction process not tenable since rejection of resolution plan not objected

Filing of an application u/s. 7 of IBC after 9 years of cause of action is barred by limitation: NCLAT Delhi
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.
