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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 615 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 840 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 5019 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 3399 Views 0 comment Print


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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 5466 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 126 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 354 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 195 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 144 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 843 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 1161 Views 0 comment Print


NCLT direction to handover Corporate Debtor to ex-management due to stay of CIRP unjustified

January 9, 2024 1209 Views 0 comment Print

NCLAT Delhi held that Adjudicating Authority (NCLT) directing Resolution Professional to handover the Corporate Debtor to the ex-management on account of stay of the CIRP is wholly unjustified and accordingly such direction is liable to be set aside.

NCLAT Upholds Rs. 5000/Day Compounding fees for 20+ Directorships in Karan Samtani case

January 3, 2024 6615 Views 0 comment Print

National Company Law Appellate Tribunal (NCLAT) recently upheld the compounding fees of Rs. 5000 per day in the case of Registrar of Companies vs. Karan Kishore Samtani.

Successful Auction Purchaser entitled for certain reliefs to run corporate debtor as going concern

January 2, 2024 1680 Views 0 comment Print

NCLAT Delhi held that the Successful Auction Purchaser is entitled to receive certain reliefs and concessions to run the Corporate Debtor as going concern.

RERA has locus to file an appeal against order initiating CIRP

January 2, 2024 1080 Views 0 comment Print

NCLAT Delhi held that RERA (Real Estate Regulatory Authority) being an aggrieved person under section 61 of I&B Code 2016 has a locus to file an Appeal against order initiating Corporate Insolvency Resolution Process (CIRP).

Financial assistant in JVA by way of Inter-corporate Deposit doesn’t qualify as financial debt

January 2, 2024 831 Views 0 comment Print

NCLAT Delhi held that financial assistance given by the Appellant in a Joint Venture Agreement (JVA) by way of an Inter-Corporate Deposit (ICD) does not fall within the canvas of financial debt as defined u/s. 5(8) of the IBC. Hence, CIRP application u/s 7 not entertained.

Income Tax Department’s Allocation Dispute in NCLAT Delhi Judgment

December 22, 2023 840 Views 0 comment Print

Explore the NCLAT Delhi judgment on Income Tax Department’s dispute over Rs.26,06,41,424 allocation in Resolution Plan. Analysis, implications, and key insights revealed.

Latest Case Law Related to IBC – July to September 2023

October 31, 2023 1518 Views 0 comment Print

Explore significant developments in Indian insolvency law with key cases from July to September 2023. Dive into legal analysis, verdicts, and insights.

NCLAT Chennai: Malavika Hegde vs. IndusInd Bank – Settlement Terminates CIRP

September 14, 2023 1497 Views 0 comment Print

Read full text of NCLAT Chennai order in case of Malavika Hegde vs. IndusInd Bank, where a settlement led to termination of CIRP proceedings.

Settlement between parties cannot be directed by way of an order under IBC: NCLAT

September 14, 2023 1629 Views 0 comment Print

NCLAT Chennai held that any kind of settlement is between the Parties and no settlement can be directed by way of an Order under the Provisions of Insolvency and Bankruptcy Code, 2016 (IBC, 2016).

Memorandum of Compromise signed by a resigned director is invalid: NCLAT

September 4, 2023 933 Views 0 comment Print

Detailed analysis of NCLAT Chennai’s ruling in K Parthiban Rasu Vs Umiya Development Centre India Pvt. Ltd. & SBI case. Learn how it impacts insolvency law.

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