Courts: NCLAT
Read latest NCLAT judgments and orders on insolvency, IBC, company law, corporate disputes, competition matters and other appellate proceedings.
Default during Section 10A Period cannot be clubbed to Meet Threshold Requirement under IBC, 2016
Change in COC Composition will not affect costs & fees ratified by earlier CoC
Condonation cannot be granted under Section 61 of IBC as limitation period is 30 days which is extendable to 45 days
Advance payment is covered within the definition of Operational Debt
Submission of failed resolution plan results into initiation of liquidation process
Application u/s 7 by Financial Creditor against Guarantor maintainable on default of Principal Borrower
Adjudicating Authority can Replace Liquidator who was arrested by CBI
NCLT and NCLAT can review CoC Decision for Liquidation
AA Can consider Application filed by Liquidator or Successful Auction Purchaser
On failure of One Time Settlement, amount in ‘no lien account’ belongs to ‘Corporate Debtor’
Resolution Plan cannot be permitted to be withdrawn after approval: NCLAT
Judgment pronounced without reasoning is not judgement in eye of law
Default in settlement agreement amount not an operational debt
NCLAT Imposes Rs. 2 Lakhs Cost on appellant for indulging in frivolous litigation
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.
