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NCLAT

Latest Articles


Builder Insolvency in India: Impact on Homebuyers and Reforms Needed

Corporate Law : Explore the impact of builder insolvency on homebuyers in India and the challenges within the insolvency resolution process. Learn...

October 7, 2024 1896 Views 0 comment Print

Fedex Express Transportation and Supply Chain Services (India) Pvt. Ltd. Vs. Zipker Online Services Pvt. Ltd.

Corporate Law : FedEx's appeal for CIRP against Zipker was dismissed by NCLT, ruling the company's name must be restored under specific provisions...

August 30, 2024 321 Views 0 comment Print

Latest Case Law Related to IBC – January-Mar, 2024

Corporate Law : Explore recent Supreme Court rulings on dissenting creditor rights and set-off claims in insolvency cases. Detailed analysis of ke...

May 16, 2024 561 Views 0 comment Print

Latest Case Law Related to IBC – October to December 2023

Corporate Law : Explore significant legal developments, Supreme Court verdicts, and detailed analyses in the Q4 2023 newsletter. Stay informed on ...

February 19, 2024 1584 Views 0 comment Print

Fate of Employees, When Employers Faces IBC Proceedings : A Legal Analysis

Corporate Law : Explore the vital role of the Insolvency and Bankruptcy Code (IBC) in protecting employee rights during corporate insolvency, high...

February 11, 2024 3072 Views 0 comment Print


Latest News


Time Limit for Filing Representations before NCLAT

Company Law : The Government defines the 30-day time limit for filing representations before NCLAT under the Companies Act, with no cases pendin...

December 6, 2024 297 Views 0 comment Print

Political Appointments in NCLT and NCLAT

Company Law : Government response on political appointments in NCLT/NCLAT and reasons behind delays in IBC case disposal....

December 6, 2024 345 Views 0 comment Print

Latest Case Law Related to IBC – April to June 2024

Corporate Law : SC rules on Special Court jurisdiction; NCLAT redefines financial debt; HC upholds IBBI regulations and addresses various insolven...

August 14, 2024 684 Views 0 comment Print

Pendency in NCLT & NCLAT: Latest Data & Government Measures

Company Law : Explore the current status of pending cases in NCLT and NCLAT as of August 2024, reasons for delays, and the government's strategi...

August 6, 2024 459 Views 0 comment Print

Notice inviting comments, by MCA, on review of rules prescribed under IBC 2016

Corporate Law : Join the discussion on MCA's proposed changes to Insolvency and Bankruptcy Code rules. Learn how to participate and share your ins...

April 19, 2024 753 Views 0 comment Print


Latest Judiciary


NCLAT Rejects IBC Section 9 Plea Against Hindustan Unilever Ltd (HUL)

Corporate Law : NCLAT upholds rejection of IBC Section 9 application against HUL, citing pre-existing disputes and claims below the Rs. 1 crore th...

February 8, 2025 126 Views 0 comment Print

Liquidation Withdrawal Allowed if CoC Permits CIRP Time Extension: NCLAT Delhi

Corporate Law : NCLAT Delhi upheld the CoC's decision to extend CIRP and withdraw liquidation, rejecting the appeal against the Resolution Profess...

February 8, 2025 51 Views 0 comment Print

CoC decision to liquidate accepted as Corporate Debtor has no assets: NCLAT Delhi

Company Law : NCLAT Delhi held that CoC decision to liquidate the Corporate Debtor is acceptable as corporate debtor has no assets and thus CIRP...

February 8, 2025 99 Views 0 comment Print

Liquidation proceeds to be distributed in proportion to admitted claim of secured creditors

Corporate Law : NCLAT Delhi held that distribution of liquidation proceeds has to be in proportion to the admitted claim of secured creditors as p...

February 8, 2025 54 Views 0 comment Print

Insolvency Application was maintainable against Personal Guarantor u/s 60(1) even if there was absence of pending CIRP against CD

Company Law : The view that NCLT had no jurisdiction to entertain Section 95 Application filed by the Financial Creditor and the Application oug...

February 3, 2025 132 Views 0 comment Print


Latest Notifications


Related Party Transaction Allegation: IBBI Directs IP to Submit NCLAT Order

Corporate Law : IBBI orders disciplinary action against Mr. S Vasudevan for alleged violations in the insolvency process of Mega Foods Products Ma...

August 9, 2024 315 Views 0 comment Print

IBBI Suspends IP for Non-Compliance with NCLAT Directive and Delayed CoC Meetings during CIRP

Corporate Law : IBBI suspends IP for Failure to act during CIRP despite NCLAT directive and for Delay in convening Committee of Creditors (CoC) me...

June 6, 2024 318 Views 0 comment Print

IBBI suspends IRP for sharing asset memorandum with prospective bidders

Corporate Law : Read about the IBBI's disciplinary action against Mr. Venkata Sivakumar, an Interim Resolution Professional, for sharing asset mem...

April 9, 2024 444 Views 0 comment Print

NCLAT Job Vacancies for Judicial & Technical Members: Application Guide

Corporate Law : Govt issued a circular detailing vacancies for Judicial & Technical Members posts in NCLAT with detailed guide to apply for these...

June 6, 2023 948 Views 0 comment Print

Reporting to CICs – Report Cases admitted with NCLT/NCLAT under IBC 2016 – RBI

Fema / RBI : It is clarified that cases admitted with National Company Law Tribunal (NCLT)/National Company Law Appellate Tribunal (NCLAT) unde...

December 13, 2022 864 Views 0 comment Print


Latest Posts in NCLAT

NCLAT Rejects IBC Section 9 Plea Against Hindustan Unilever Ltd (HUL)

February 8, 2025 126 Views 0 comment Print

NCLAT upholds rejection of IBC Section 9 application against HUL, citing pre-existing disputes and claims below the Rs. 1 crore threshold. Appeal dismissed.

Liquidation Withdrawal Allowed if CoC Permits CIRP Time Extension: NCLAT Delhi

February 8, 2025 51 Views 0 comment Print

NCLAT Delhi upheld the CoC’s decision to extend CIRP and withdraw liquidation, rejecting the appeal against the Resolution Professional and time extension.

CoC decision to liquidate accepted as Corporate Debtor has no assets: NCLAT Delhi

February 8, 2025 99 Views 0 comment Print

NCLAT Delhi held that CoC decision to liquidate the Corporate Debtor is acceptable as corporate debtor has no assets and thus CIRP Period only implies zero returns. Thus, adjudicating authority order accepting liquidation upheld.

Liquidation proceeds to be distributed in proportion to admitted claim of secured creditors

February 8, 2025 54 Views 0 comment Print

NCLAT Delhi held that distribution of liquidation proceeds has to be in proportion to the admitted claim of secured creditors as per section 53(1) of the Insolvency and Bankruptcy Code and the same cannot be on the basis of security interest of different secured creditors.

Insolvency Application was maintainable against Personal Guarantor u/s 60(1) even if there was absence of pending CIRP against CD

February 3, 2025 132 Views 0 comment Print

The view that NCLT had no jurisdiction to entertain Section 95 Application filed by the Financial Creditor and the Application ought to have been filed before the DRT was not valid.

Extension of moratorium period beyond 180 days impermissible: NCLAT Delhi

February 1, 2025 171 Views 0 comment Print

NCLAT Delhi held that as per expressed provisions of section 101(1) of the Insolvency and Bankruptcy Code, 2016 moratorium period cannot be extended beyond 180 days. Accordingly, appeal dismissed.

IBC: Appeal Delay Beyond 15 Days Not Condonable – NCLAT Delhi

February 1, 2025 306 Views 0 comment Print

NCLAT Delhi dismisses Kotak Mahindra Bank’s appeal, ruling that delays beyond 15 days under Section 61(2) of IBC cannot be condoned.

Central Excise Claims Not Secured Debt: NCLAT Delhi

February 1, 2025 99 Views 0 comment Print

NCLAT rules that Central Excise claims under Section 11E are not secured debts, upholding the resolution plan for Cengres Tiles Ltd.

Adjudicating Authority should recall u/s 11 in case orders were obtained through Fraud

January 31, 2025 93 Views 0 comment Print

The matter was heard by the Adjudicating Authority on which date the impugned order was passed recalling the order and restoring the Company Petition and the two IAs.

Penalty was leviable on Meta and ban was stayed on WhatsApp’s Data-Sharing Policy

January 31, 2025 72 Views 0 comment Print

CCI penalized Meta in November 2024 for alleged unfair business activities related to WhatsApp’s amended privacy policy from 2021. Users had to agree to data-sharing conditions with Meta entities in order to receive the update.

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