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

PBG amount of Corporate Debtor can be demanded by Liquidator u/s. 60(5)(c): NCLAT Delhi

No modification possible in Information Memorandum prepared based on Resolution Plan submitted and approved by CoC

Application for staying auction process not tenable since rejection of resolution plan not objected

Filing of an application u/s. 7 of IBC after 9 years of cause of action is barred by limitation: NCLAT Delhi

Adjustment of security payment deposit against pre-CIRP dues not allowable: NCLAT Chennai

Section 9 Application unjustified due to pre-existing dispute surrounding operational debt: NCLAT Delhi

CoC has to take final call with regard to resolution plan or modification thereof: NCLAT Delhi

Section 13 SARFAESI Proceedings Don’t Make IBC Section 10 Application Malicious

Application u/s. 9 of IBC rejected as performance pay cannot be taken as operational debt: NCLAT Chennai

Application u/s. 43 by Liquidator based on Transaction Audit Report tenable: NCLAT Delhi

Section 98 of IBC allows Financial Creditor to apply for replacement of Resolution Professional

Shareholder cannot be treated as ‘aggrieved party’ under IBC so appeal u/s. 61 not maintainable

NCLAT Delhi condoned delay of five days in filing of an appeal as sufficient cause shown

Units allotted to commercial space buyers not to be excluded from CIRP of Corporate Debtor
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.
