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NCLAT

Latest Articles


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 429 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 1341 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 1755 Views 0 comment Print

‘Shareholder’ cannot challenge Resolution Plan: NCLAT Chennai

Corporate Law : NCLAT rules shareholders have no standing to challenge resolution plans in insolvency cases, emphasizing creditors control and com...

February 9, 2024 777 Views 0 comment Print

Latest Case Law Related to IBC – July to September 2023

Corporate Law : Explore significant developments in Indian insolvency law with key cases from July to September 2023. Dive into legal analysis, ve...

October 31, 2023 759 Views 0 comment Print


Latest News


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 645 Views 0 comment Print

NCLAT Checklist for Appeals under Companies Act, 2013 & IBC, 2016

Corporate Law : NATIONAL COMPANY LAW APPELLATE TRIBUNAL Checklist for Appeals under Companies Act, 2013 & Insolvency and Bankruptcy Code, 2016...

April 10, 2021 1434 Views 0 comment Print

NCLAT Checklist for Appeals under Competition Act, 2002

Company Law : NATIONAL COMPANY LAW APPELLATE TRIBUNAL Checklist for Appeals under Competition Act, 2002 Appeals to be in the Form appended to â€...

April 10, 2021 885 Views 0 comment Print

FM inaugurates Chennai Bench of NCLAT

Company Law : Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman inaugurated the Chennai Bench of National Company Law App...

January 25, 2021 507 Views 0 comment Print

Revised SOP for Mentioning the matter for hearing through virtual mode before NCLAT

Company Law : National Company Law Appellate Tribunal Revised Standard Operating Procedure for Ld. Advocate/ Authorised Representative/Party-in-...

August 9, 2020 1086 Views 0 comment Print


Latest Judiciary


NCLT Upholds RP’s Stance on Malafide Assignment for Indirect CoC Representation

Corporate Law : NCLAT Delhi upholds NCLT decision against Rolta Private Limited's assignment agreement as malafide, prolonging CIRP process. Full ...

July 14, 2024 165 Views 0 comment Print

Pending Section 230 Companies Act Scheme Doesn’t Bar CIRP Admission: NCLAT

Company Law : Explore the detailed judgment in the Grand Developers Pvt. Ltd. vs. Nitin Batra & Ors. case by NCLAT Delhi, including key argument...

July 3, 2024 303 Views 0 comment Print

Creditors can file CIRP through a authorized Resolution Professional

Corporate Law : Explore the implications of creditors initiating insolvency proceedings against personal guarantors under Section 95(1) of IBC in ...

June 30, 2024 276 Views 0 comment Print

NCLT should not interfere with commercial wisdom of company’s stakeholders: NCLAT

Corporate Law : NCLAT Delhi rules NCLT lacks jurisdiction to modify appointed dates in commercial schemes once the Company Board approves. Read th...

June 21, 2024 444 Views 0 comment Print

Pre-existing dispute cannot be decided in a summary procedure: NCLAT Delhi

Corporate Law : Explore the NCLAT judgment in Sanjay Kumar vs. Gannon Dunkerley & Co, emphasizing NCLT's limited jurisdiction under IBC in cases o...

June 21, 2024 165 Views 0 comment Print


Latest Notifications


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 231 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 312 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 846 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 837 Views 0 comment Print

Govt appoints Judicial & Technical Members in NCLAT

Corporate Law : Central Government appoints Judicial and Technical Members in National Company Law Appellate Tribunal (NCLAT) for a period of four...

July 22, 2022 324 Views 0 comment Print


Operational creditor can initiate CIRP against Corporate Debtor only in clear cases

August 31, 2023 753 Views 0 comment Print

NCLAT Delhi held that operational creditor can initiate Corporate Insolvency Resolution Process (CIRP) against a Corporate Debtor only in clear cases where no real dispute exists between the two parties.

Suspension of initiation of CIRP applies to date of default

August 31, 2023 537 Views 0 comment Print

NCLAT Chennai held that suspension of initiation of CIRP (Corporate Insolvency Resolution Process) as per provisions of section 10A of the Insolvency and Bankruptcy Code, 2016 applies to date of default i.e. 31.03.2020.

Tata Power’s Service Connection Application to be Considered Without Arrear Payment: NCLAT

August 30, 2023 387 Views 0 comment Print

NCLAT rules in favor of Tata Power, stating no arrears payment needed before the date of Resolution Plan approval against Jagannath Sponge Pvt Ltd.

NCLAT Dismisses Kotak Mahindra’s Appeal: Scope Limited After ‘Approval of Resolution Plan

August 30, 2023 558 Views 0 comment Print

NCLAT Chennai dismisses Kotak Mahindra Bank’s appeal in the Orchid Pharma case, affirming limited authority post approval of resolution plan. Analysis and conclusion provided.

Minority Shareholder cannot challenge Director Induction if not attended Board Meetings

August 30, 2023 675 Views 0 comment Print

A deep dive into NCLAT Chennai judgment on minority shareholder rights & Board Meetings in case of Radhakrishnan Babu Nirmala Vs Precise Limbus Eye Care.

Emails Aren’t Valid Notices As Per NCLT Rules: NCLAT

August 29, 2023 1692 Views 0 comment Print

NCLAT Delhi rules in Suniel Dhandhania & Anr Vs Vichitra Narayan Pathak that an email doesn’t qualify as a valid notice under NCLT guidelines.

Initiation of CIRP u/s 9 unsustainable as dispute existed prior to issue of demand notice

August 28, 2023 594 Views 0 comment Print

NCLAT Delhi held that initiation of CIRP under section 9 of the Insolvency Bankruptcy Code, 2016 unsustainable as dispute regarding credit/refund of the service tax amount existed prior to the issue of demand notice under section 8.

Settlement for foreclosure of concession agreement re Kiratpur – Ner Chowk Project is as per resolution framework

August 21, 2023 861 Views 0 comment Print

NCLAT Delhi held that the settlement entered into by KNCEL (Kiratpur Ner Chowk Expressway Limited) and NHAI (National Highways Authority of India) for foreclosure of the Concession Agreement relating to Kiratpur – Ner Chowk Project under the MoRTH Guidelines is in accordance with the approved Resolution Framework

Deceased’s Legal Representative Can Participate in Sec. 241/242 Proceedings without becoming member of company

August 21, 2023 2613 Views 0 comment Print

NCLAT Chennai held that there is `no Law’, which specifically envisages that unless, the `Legal Representatives’, become `Members’ of a `Company’, the `Legal Representatives’, of the `Deceased’, shall not become a `Party’, to the `Proceedings’, under Section 241 and 242 of the Companies Act, 2013.

Claim of appellant during CIRP based on forged document is duly rejected

August 19, 2023 1833 Views 0 comment Print

NCLAT Delhi held that claim of the appellant, to Interim Resolution Professional (IRP) during the process of CIRP, duly rejected as the claim was based on MOU/ agreement which were forged document.

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