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

Liquidator should consider average of value arrived as per regulation 35 of CIRP Regulation, 2016

IRP can reduce admitted claim based on Arbitration award

NCLAT cannot condone delay Beyond 15 Days, much Less 45 Days

NCLT cannot determine controversy of attachment of property under Prohibition of Benami Property Transactions Act

Amount duly payable to liquidator as assets proved to be fictitious/ fraudulent

Explanation u/s 14(1)(d) of IBC doesn’t apply to lease premium amount and lease rent

Adjudicating Authority cannot issue final direction without hearing the Appellant: NCLAT

Is Reverse CIRP solving problems of Allottees/Buyers of Flat/Apartment/Shops?

Striking off companies name due to default in submitting statutory record due to some internal disputes is unsustainable

Person filing CIRP application is liable to bear expense/ fees of Interim Resolution Professional

Dues of income tax department classifiable as secured creditors

Section 238A of IBC: Provision Overriding Limitation Act

Latest Case Law Related to IBC – October – December, 2022

Delay in filing an appeal not condoned as delay was beyond period of limitation
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.
