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Does Appointing a CFO Trigger Section 203 for Private Companies?

Company Law : The article examines the Hamlin Trust ruling, where the NCLAT held that CFO appointments must satisfy Section 203 eligibility requ...

June 30, 2026 618 Views 0 comment Print

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 846 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 5022 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 999 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 3408 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 462 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 1038 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 5469 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 2022 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 870 Views 0 comment Print


Latest Judiciary


Factoring of Trade Receivables Does Not Convert Operational Debt into Financial Debt: NCLAT Delhi

Corporate Law : NCLAT held that invoice discounting through the TReDS platform does not convert operational debt into financial debt. The appeal w...

July 4, 2026 132 Views 0 comment Print

Pending NCLAT Appeal Not a Bar to Swiss Challenge Auction as OTS Was Already Rejected: Madras HC

Corporate Law : Madras HC held that a pending NCLAT appeal did not prevent PNB from conducting a Swiss Challenge auction after the OTS proposal wa...

July 3, 2026 141 Views 0 comment Print

NCLAT Sets Aside CFO Appointment as Articles Cannot Override Companies Act

Company Law : The NCLAT held that CFO nominees must satisfy the eligibility requirements under Section 203 of the Companies Act. It set aside th...

July 1, 2026 375 Views 0 comment Print

NCLAT Allows Joint Compounding Applications as Companies Act Has No Express Bar

Income Tax : NCLAT held that a single application covering multiple years and company officers is maintainable in the absence of any statutory ...

June 29, 2026 201 Views 0 comment Print

Age 70 Does Not End Bankruptcy Trustee’s Existing Assignment: NCLAT Chennai

Corporate Law : Tribunal held that proviso to Regulation 7A allows insolvency professionals to continue assignments already underway even after th...

June 28, 2026 147 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 1014 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 846 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 963 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 1347 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 1164 Views 0 comment Print


Time-barred claims by Creditors in IBC Proceedings should not to be considered

May 24, 2024 1674 Views 0 comment Print

Analysis of Pooja Mehra vs Victory Ace case before NCLAT Delhi. Understanding IBC time limits, belated claims, and implications for creditors. Detailed judgment breakdown.

Debt & default against Corporate Debtor: Section 7 IBC Application Admissible

May 24, 2024 960 Views 0 comment Print

Delve into the legal intricacies of New Era Propcon Pvt. Ltd. vs SREI Equipment Finance Ltd. case at NCLAT Delhi. Detailed analysis, implications, and conclusions explored.

Upholding IBC Objectives: Strict Timelines Essential for Insolvency Resolution

May 16, 2024 717 Views 0 comment Print

Ensuring timely insolvency resolution, IBC mandates strict timelines; a liberal approach would undermine its objectives. Korah John Vs JM Financial Asset Reconstruction Company Ltd. (NCLAT Chennai)

NCLAT Grants Relief to SBI: Time for Rejoinder Extended

May 16, 2024 519 Views 0 comment Print

In the State Bank of India vs. Supreme Panvel Indapur Tollways Pvt. Ltd. case, NCLAT Delhi grants time for rejoinder with a cost of Rs. 25,000, dismissing other directives.

Latest Case Law Related to IBC – January-Mar, 2024

May 16, 2024 951 Views 0 comment Print

Explore recent Supreme Court rulings on dissenting creditor rights and set-off claims in insolvency cases. Detailed analysis of key judgments explained.

Liquidator Cannot Adjudicate Claims, Counter Claims: NCLAT

May 15, 2024 1098 Views 0 comment Print

NCLAT Chennai rules against FLSmidth Pvt Ltd, stating liquidator lacks authority to decide matters involving claims and counterclaims in insolvency cases.

Extension of time for payment is not modification of resolution plan: NCLAT

May 15, 2024 1257 Views 0 comment Print

NCLAT held that CoC’s decision not to liquidate did not constitute a modification of resolution plan and extension of time for payment was reasonable.

IBC: Liability arising from a recovery certificate constitutes a financial debt

May 15, 2024 822 Views 0 comment Print

NCLAT Chennai held that liability arising from a recovery certificate constitutes a financial debt under IBC. Therefore, application filed by PARAS is not barred by limitation.

CCI cannot demand interest without following prescribed procedure: Delhi HC

May 9, 2024 1173 Views 0 comment Print

Delhi High Court sets aside CCI’s order, ruling that penal interest can’t be imposed without following proper procedure. Detailed analysis of Geep Industries (India) Pvt. Ltd. & Ors Vs Competition Commission of India.

Draft MOU: No Proof of Joint Venture vs. Corporate Debtor Relationship

May 5, 2024 555 Views 0 comment Print

Explore the intricacies of the Arunkumar Jayantilal Muchhala vs Awaita Properties Pvt. Ltd. case from NCLAT Delhi. Dive into the dispute over financial debt, default claims, and legal intricacies.

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