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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 135 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


NCLAT Upholds CIRP Proceedings: Mukund Rajhans Vs Rajasthan Patrika

May 5, 2024 765 Views 0 comment Print

Detailed analysis of NCLAT’s decision in Mukund Rajhans vs Rajasthan Patrika regarding CIRP initiation under Section 9 of IBC for operational dues.

Appellant is unsecured Financial Creditor as creation of security interest on assets of Corporate Debtor not proved: NCLAT Delhi

April 30, 2024 1065 Views 0 comment Print

NCLAT Delhi held that as creation of security interest on the assets of Corporate Debtor not proved by any documents, Resolution Professional duly declared Appellant as unsecured Financial Creditor.

No amount to be paid through partly paid ‘Redeemable Preference Shares to Operational Creditor

April 25, 2024 744 Views 0 comment Print

Operational Creditor cannot be paid through partly paid ‘Redeemable Preference Shares’ as the distribution of the amount to the Operational Creditor (other than Government Departments) was clearly contrary to provisions of Section 30 (2)(b)(ii).

Liquidator Fees under Regulation 4(2)(b): NCLAT Delhi Ruling

April 23, 2024 1485 Views 0 comment Print

Analysis of Ashok Kumar Gulla vs State Bank of India case on payment of liquidator fees under Regulation 4(2)(b) of Liquidation Process Regulations by NCLAT Delhi.

Adjudicating Authority Correctly Admitted Section 7 Application: Debt & Default Proved

April 21, 2024 990 Views 0 comment Print

In the case of Shweta Sharma Vs SREI Equipment Finance Ltd., NCLAT Delhi upholds Section 7 application, proving debt and default, despite objections regarding arbitral award validity.

Adjudicating Authority cannot review judgment on merits: NCLAT Delhi

April 21, 2024 675 Views 0 comment Print

NCLAT Delhi ruling on Adisri Commercial Pvt. Ltd. Vs RBI & Ors. : Recall applications filed by Appellant are nothing but application to review judgment on merits which power is not vested with Adjudicating Authority.

Notice inviting comments, by MCA, on review of rules prescribed under IBC 2016

April 19, 2024 1098 Views 0 comment Print

Join the discussion on MCA’s proposed changes to Insolvency and Bankruptcy Code rules. Learn how to participate and share your insights!

SC refuses to entertain Appeal against NCLAT order remanding Appeal to NCLT

April 18, 2024 804 Views 0 comment Print

Supreme Court refuses to entertain appeal challenging NCLAT’s remand of NCLT order on Resolution Plan approval. Get insights on the case between Bank of Baroda and Suchi Paper Mills.

Resolution Applicant Can’t Withdraw or Modify Plan After Creditor Committee Approval: SC

April 14, 2024 1485 Views 0 comment Print

Detailed analysis of Deccan Value Investors L.P. & Anr vs. Dinkar Venkatasubramanian & Anr case. Supreme Court prohibits withdrawal or modification of resolution plans after Committee of Creditors’ approval.

New applicants barred from participating in CIRP without fresh Form G issuance: NCLAT

April 10, 2024 1188 Views 0 comment Print

NCLAT decision bars new applicants from participating in CIRP without fresh Form G issuance, impacting Mamta Binani case. Full judgment analysis here.

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