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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


Resolution Professional can exercise control only over Bank Accounts operated by ‘Corporate Debtor’

July 25, 2022 402 Views 0 comment Print

IBC 2016: Resolution Professional, in Law can exercise control over Bank Accounts operated by ‘Corporate Debtor’ only and not otherwise.

Govt appoints Judicial & Technical Members in NCLAT

July 22, 2022 324 Views 0 comment Print

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

Appointed liquidator can be changed: NCLAT

July 16, 2022 5010 Views 0 comment Print

Held that conjoint reading of section 33 of IBC with section 16 of the General Clauses Act, 1897 would show that the authority which has power to appoint a person, equally has the power to suspend or dismiss that person.

Lease Rental is Operational Debt under IBC, 2016: NCLAT

July 12, 2022 2313 Views 0 comment Print

Jaipur Trade Expocentre Private Limited Vs Metro Jet Airways Training Private Limited (NCLAT Delhi) We have noticed above that Section 3(33) of the Code deals with ‘transaction’. Agreement dated 15.04.2017 is fully covered within the meaning of word ‘transaction’ as defined in Section 3(33). We may also need to look into the meaning of expression […]

Article 226 cannot be invoked if petitioners have statutory remedy before NCLAT

July 10, 2022 309 Views 0 comment Print

Since the petitioners are having effective and statutory remedy before the Appellate Authority, they cannot come to this Court invoking Article 226 of the Constitution of India.

Penalty u/s 44 and 45 of Competition Act levied as ‘real ambit and purpose’ was intentionally not made known

June 24, 2022 1467 Views 0 comment Print

The Appellant/Amazon because of the violations committed by it, had intentionally not made known the `real ambit and purpose’ of the `Combination’. Penalty under Section 44 and 45 of the Act, 2002 levied.

NCLT Has jurisdiction/Power to Recall Its Order: NCLAT

June 23, 2022 4215 Views 0 comment Print

Printland Digital (India) Pvt. Ltd. Vs Nirmal Trading Company (NCLAT) NCLAT held that There is a difference between recalling of an order and review on merits of the issue decided by the Adjudicating Authority. No doubt that the Adjudicating Authority has no jurisdiction to review its order after deciding a substantial issue but it has […]

CIRP cannot be initiated for non-payment of LTC & Leave Encashment

June 23, 2022 789 Views 0 comment Print

Kishore K. Lonkar Vs Hindustan Antibiotics Ltd. (NCLAT Delhi) It is not the case of the Appellant that the amounts claimed are due towards any emoluments/salary for the services rendered by him to the ‘Corporate Debtor’, while he was in service. Though ‘service benefits’ like ‘LTC’ accrue, on account of the service rendered during the […]

Revival of proceedings u/s 9 of IBC Act for non-payment of TDS is unsustainable

June 21, 2022 1968 Views 0 comment Print

Held that in non-payment of the TDS amount by the Corporate Debtor there was no occasion for admitting Section 9 Application by the Adjudicating Authority.

IBC section 7 Application not fulfilling the threshold of Rs. 1 Crore is not sustainable

June 16, 2022 663 Views 0 comment Print

Prafulla Purushottamrao Gadge Vs Narayan Mangal (NCLAT Delhi) The submission raised by the Counsel for the Appellant that the Application which has been filed on 25.06.2021 under Section 7 has to fulfill the requirements of threshold as introduced by Notification dated 24.03.2020 has substance. The Adjudicating Authority has not adverted to the said issue and […]

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