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Log in to FollowLatest NCLAT judgments, orders, IBC developments, insolvency and corporate law updates with practical legal analysis on TaxGuru.

Advance to Corporate Debtor for sharing profit in real estate project doesn’t qualify as financial debt

Section 9 application under IBC rejected due to pre-existing dispute between parties

Balance sheet entries are reliable evidence of existence of financial debt

Contribution to assets of corporate debtor upheld as business of Corporate Debtor carried to defraud creditors

Shareholders have locus standi to file appeal u/s. 61 of IBC hence appeal maintainable

NCLAT Upholds Rejection of Guarantors’ Repayment Plans for Failure to Submit Revised Proposals

Section 66 of IBC ingredients proved as intention to defraud creditors established

Loan Without Written Agreement Qualifies as Financial Debt Due to Time Value of Money: NCLAT Delhi

Order of dismissal of contempt petition not appealable u/s. 19 of Contempt of Courts Act

Interlocutory Orders Lose Force After Final Dismissal of Company Petition: NCLAT Chennai

Form-B under CIRP regulations permits set-off of mutual dealing between Corporate Debtor and creditor

Recall applicaiton u/r. 11 of NCLT Rules cannot be utilised to seek review of order

Appeals From NCLT To NCLAT And Supreme Court

Resignation from directorship of Corporate Debtor doesn’t lead to revocation of personal guarantee
Explore the latest NCLAT judgments, orders and legal developments on TaxGuru. Coverage includes the Insolvency and Bankruptcy Code, CIRP, liquidation, resolution plans, creditor and debtor rights, Companies Act issues and related appellate developments. The page is designed to help insolvency professionals, companies, lenders and advisers follow significant rulings and their practical corporate-law implications.
