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Going-Concern Sale in Liquidation: Success Stories, Failures & NCLAT Guidance (2023–25)

Corporate Law :  Explains how recent tribunal decisions shaped the rules for selling corporate debtors as going concerns, highlighting compliance...

November 19, 2025 750 Views 0 comment Print

Tripartite Agreement Trap: Home Loans to Buyers are Not Financial Debt of Developer: NCLAT

Corporate Law : The Tripartite Agreement Trap: When Banks Lose Financial Creditor Status in Real Estate Insolvency This case memo discussed the ru...

November 18, 2025 4899 Views 0 comment Print

Section 14 Limitation Cannot Exclude Pending DRT Proceedings: NCLAT

Corporate Law : NCLAT holds that time spent in pending Debt Recovery Tribunal proceedings cannot be excluded under Section 14 of the Limitation Ac...

October 13, 2025 855 Views 0 comment Print

RTI Findings on NCLT/NCLAT Functioning, Vacancies & Transparency

Corporate Law : RTI inquiry into NCLT/NCLAT reveals member vacancies, lack of consolidated case data, and opaque appointments, highlighting need f...

September 27, 2025 3210 Views 0 comment Print

Provident Fund Dues Are Not Assets of A Corporate Debtor: NCLAT Delhi

Corporate Law : The NCLAT ruled that provident fund dues are not corporate debtor assets and must be paid in full during CIRP, prioritizing them o...

August 4, 2025 798 Views 0 comment Print


Latest News


Latest Case Law Related to IBC 2016: January to March 2026

Corporate Law : The Supreme Court upheld joint insolvency proceedings against two interconnected real estate companies due to common management an...

May 21, 2026 153 Views 0 comment Print

Appeals From NCLT To NCLAT And Supreme Court

Corporate Law : From 2022-23 to 2024-25, appeals filed at NCLAT rose steadily, with IBC cases forming the majority, reflecting active engagement i...

December 15, 2025 942 Views 0 comment Print

Important Case Laws related to IBC 2016 – July – September 2025

Corporate Law : Supreme Court ruled that CoC and RP can surrender financially burdensome assets voluntarily, clarifying moratorium under section 1...

November 20, 2025 5232 Views 0 comment Print

Important Rulings on IBC – January to March 2025

Corporate Law : SC clarifies limits of High Court's writ powers in IBC cases and recognises Indian CIRP as foreign main proceeding in cross-border...

May 21, 2025 1884 Views 0 comment Print

From 2022 to 2024 NCLT Resolved 27,157 Cases, NCLAT adjudicated 7,151

Corporate Law : NCLT & NCLAT eligibility criteria, insolvency rules, and case statistics from 2022-2024. Updates on financial irregularities and r...

March 16, 2025 765 Views 0 comment Print


Latest Judiciary


Subsidiary Company Assets Cannot Form Part of Parent Company Insolvency: NCLAT Delhi

Corporate Law : NCLAT held that foreign oil and gas assets owned through Videocon subsidiaries could not be included in the CIRP of Videocon Indus...

May 22, 2026 96 Views 0 comment Print

NCLAT Upholds Section 9 Admission as Separate Supply Obligations Created Operational Debt

Corporate Law : NCLAT held that a joint venture arrangement did not prevent insolvency proceedings where separate agreements clearly imposed suppl...

May 22, 2026 126 Views 0 comment Print

Resolution applicant could not alter Financial Proposal through Last-Minute addendum after challenge process

Company Law : A resolution applicant could not unilaterally alter its financial proposal through a last minute addendum after completion of the ...

May 21, 2026 105 Views 0 comment Print

NCLAT Upholds CIRP Admission as Conditional Payment Email Acknowledged Operational Debt

Corporate Law : NCLAT held that the Corporate Debtor’s email offering payment subject to acceptance of a consequence sheet amounted to acknowled...

May 20, 2026 141 Views 0 comment Print

NCLAT Upholds Rejection of Resolution Plan as CIRP Was Not Conducted Transparently

Company Law : The Appellate Tribunal upheld findings that the arrangement allowing the Successful Resolution Applicant to receive 50% of PUFE re...

May 9, 2026 186 Views 0 comment Print


Latest Notifications


Related Party Transaction Allegation: IBBI Directs IP to Submit NCLAT Order

Corporate Law : IBBI orders disciplinary action against Mr. S Vasudevan for alleged violations in the insolvency process of Mega Foods Products Ma...

August 9, 2024 915 Views 0 comment Print

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 777 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 927 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 1296 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 1086 Views 0 comment Print


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

July 14, 2024 729 Views 0 comment Print

NCLAT Delhi upholds NCLT decision against Rolta Private Limited’s assignment agreement as malafide, prolonging CIRP process. Full judgment analysis here.

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

July 3, 2024 1005 Views 0 comment Print

Explore the detailed judgment in the Grand Developers Pvt. Ltd. vs. Nitin Batra & Ors. case by NCLAT Delhi, including key arguments, analysis, and conclusions.

Creditors can file CIRP through a authorized Resolution Professional

June 30, 2024 672 Views 0 comment Print

Explore the implications of creditors initiating insolvency proceedings against personal guarantors under Section 95(1) of IBC in Shrenik Ashokbhai Morakhia Vs Reliance Asset Reconstruction Company Ltd. (NCLAT Delhi).

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

June 21, 2024 1059 Views 0 comment Print

NCLAT Delhi rules NCLT lacks jurisdiction to modify appointed dates in commercial schemes once the Company Board approves. Read the detailed analysis and full judgment.

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

June 21, 2024 798 Views 0 comment Print

Explore the NCLAT judgment in Sanjay Kumar vs. Gannon Dunkerley & Co, emphasizing NCLT’s limited jurisdiction under IBC in cases of pre-existing disputes.

NCLT/NCLAT is Not the Proper Forum for Individual Share Transfer Disputes: HC

June 21, 2024 1749 Views 0 comment Print

Explore the Telangana High Court judgment on Cherukuri Ramakrishna vs Sandhya Hotel Pvt Ltd. Detailed analysis of rejection of plaint under Companies Act provisions and arbitration clause.

IBC Doesn’t Equate Treatment of Related and Unrelated Parties: NCLAT

June 13, 2024 1221 Views 0 comment Print

Learn about the NCLAT’s judgment in West Coast Paper Mills Ltd. Vs Bijay Murmuria case, where it upholds NCLT’s decision, rejecting parity treatment for related parties under IBC.

Security Deposit Claims Contingent on Future Obligations are Not Operational Debts

June 13, 2024 1290 Views 0 comment Print

NCLAT Delhi rules that a claim for a security deposit refund is not an operational debt under the IBC, in the case of Carestream Health India vs Seaview Mercantile LLP.

CCDs cannot be treated as financial debt under IBC: NCLAT Chennai

June 13, 2024 1683 Views 0 comment Print

The NCLAT Chennai ruled that Compulsory Convertible Debentures (CCD) without repayment obligations are considered financial debt under IBC. Learn more about the judgment.

Financial Creditors’ can File Second Petition under Section 7 of IBC for CD’s Continued Default

June 13, 2024 879 Views 0 comment Print

Detailed analysis of Desh Bhushan Jain vs Abhay Kumar case before NCLAT Delhi. Second petition under Section 7 of IBC challenged. Full judgment and implications explored.

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