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

Payment of liquidator fee mandatory even if secured creditor proceeds to realise its security interest

Invoices covered u/s. 10A to be excluded while analysing application u/s. 9 of IBC: NCLT Delhi

Petition u/s 9 of IBC couldn’t be rejected on grounds of raising fake claim of Pre-Existing dispute

Raising amount by issuance of convertible debenture qualifies as financial debt: NCLAT Delhi

Liquidator rightly cancelled sale certificate on failure to make payment by successful bidder: NCLAT Delhi

Property not owned by Corporate Debtor cannot be sub-leased by liquidator without prior permission

Date of declaration of loan as NPA can be date of default for initiation of action u/s. 7 of IBC

Guarantor couldn’t become financial creditor without payment in discharge of guarantee

Non-stamping of promissory note cannot be reason to reject application u/s. 7 of IBC: NCLAT Delhi

Power to determine Related Party Status of Creditor was with Resolution Professional

Section 43 of IBC not attracted where no transaction was made by Corporate Debtor: NCLAT Delhi

CIRP if initiated fraudulently the same can be set aside: NCLAT Delhi

Petition u/s. 7 admissible when interest amount exceeds 1 Crore: NCLAT Delhi

Application u/s. 9 of IBC not maintainable on account of pre-existing dispute: NCLAT Delhi
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.
