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NCLT

Latest Articles


Demands Prior to NCLT Order Under IBC: Need to Address Judicial Indiscipline with SOP

Corporate Law : Despite Supreme Court rulings, authorities continue to raise demands for periods before NCLT orders under IBC, violating judicial ...

September 23, 2024 336 Views 0 comment Print

Power of NCLT to Call AGMs and EGMs of Members

Company Law : Learn about the NCLT's powers under Sections 97 and 98 of the Companies Act, 2013, to call AGMs and EGMs, including procedures and...

September 16, 2024 309 Views 0 comment Print

Inherent power of NCLT to recall an order to secure the ends of justice

Corporate Law : Supreme Court landmark judgment in Greater Noida Industrial Development Authority vs. Prabhjit Singh Soni clarifies creditor right...

May 30, 2024 609 Views 0 comment Print

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

Corporate Law : Explore recent Supreme Court rulings on dissenting creditor rights and set-off claims in insolvency cases. Detailed analysis of ke...

May 16, 2024 477 Views 0 comment Print

Bank Account Freeze due to Company Strike Off – How to get lifted?

Company Law : Discover how to lift a bank account freeze due to company strike off. Learn the steps under Companies Act, 2013, to restore your b...

April 4, 2024 2565 Views 1 comment Print


Latest News


Latest Case Law Related to IBC – April to June 2023

Corporate Law : SC rules on Special Court jurisdiction; NCLAT redefines financial debt; HC upholds IBBI regulations and addresses various insolven...

August 14, 2024 468 Views 0 comment Print

Pendency in NCLT & NCLAT: Latest Data & Government Measures

Company Law : Explore the current status of pending cases in NCLT and NCLAT as of August 2024, reasons for delays, and the government's strategi...

August 6, 2024 234 Views 0 comment Print

Discussion Paper on Streamlining CIRP Form Compliance for Insolvency Professionals

Corporate Law : Discover how the latest revisions in CIRP forms by IBBI aim to reduce the compliance burden on insolvency professionals and stream...

June 12, 2024 300 Views 0 comment Print

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

Corporate Law : Join the discussion on MCA's proposed changes to Insolvency and Bankruptcy Code rules. Learn how to participate and share your ins...

April 19, 2024 696 Views 0 comment Print

LLP Act Amendments, Integrated IT Portal, NCLT Framework Strengthening by MCA

Corporate Law : Explore the impact of the LLP (Amendment) Act, 2021 on Ease of Doing Business, startup encouragement, and the introduction of Smal...

January 31, 2024 468 Views 0 comment Print


Latest Judiciary


CGST Dept Can’t Institute Legal Proceedings on NCLT Liquidated Corporate Debtor’s Property: HP HC

Goods and Services Tax : Assessee-company was engaged in the business of manufacturing and trading of Inverters & Batteries and had its factory premises in...

October 4, 2024 255 Views 0 comment Print

Company Limited by Shares Can Convert to Company Limited by Guarantee Without Share Capital: NCLT

Corporate Law : NCLT allows conversion of a company limited by shares to a company limited by guarantee without share capital. Key provisions of t...

September 25, 2024 492 Views 0 comment Print

Natural Justice Violation: Patna HC Sets Aside Re-assessment for Liquidated Company

Corporate Law : Patna HC quashes re-assessment order against liquidated company, emphasizing the Liquidator's right to be heard under the IBC. Re-...

August 26, 2024 336 Views 0 comment Print

CIRP application rejected due to pre-existing dispute between parties: NCLT Mumbai

Corporate Law : NCLT Mumbai held that the object of the Insolvency and Bankruptcy Code, 2016 [IBC] is not to admit a Corporate Debtor [CD] into Co...

August 26, 2024 252 Views 0 comment Print

Delayed submission of Resolution Plan by one day delay should be condoned

Corporate Law : Delayed submission by one day of the Resolution Plan by the Applicant should be condoned as it had not caused any delayed or preju...

August 24, 2024 264 Views 0 comment Print


Latest Notifications


IBBI Disciplinary Committee disposes Chetan Patel Case

Corporate Law : Read about the case involving Chetan Patel, an Insolvency Professional, with detailed analysis of alleged contraventions and submi...

April 3, 2024 300 Views 0 comment Print

IBBI Suspends Insolvency Professional for Auction Irregularities

Corporate Law : IBBI Disciplinary Committee suspends Sanjay Singh, an Insolvency Professional, for irregularities in the e-auction process. Detail...

February 16, 2024 609 Views 0 comment Print

NCLT Chandigarh: Bench 2 Cases Transferred to Bench 1

Company Law : Explore the order dated 03.02.2024 from NCLT Chandigarh transferring all pending cases from Bench 2 to Bench 1. Detailed analysis ...

February 3, 2024 468 Views 0 comment Print

Govt invites applications for the post of Judicial & Technical Members in NCLT

Corporate Law : Filling up of 05 (Five) posts of Judicial Member and 05 (Five) posts of Technical Members in the National Company Law Tribunal (NC...

June 6, 2023 1515 Views 0 comment Print

New Appointments in the National Company Law Tribunal

Corporate Law : The Ministry of Corporate Affairs announces the appointment of new Judicial and Technical Members in the National Company Law Trib...

May 25, 2023 5574 Views 0 comment Print


Latest Posts in NCLT

CGST Dept Can’t Institute Legal Proceedings on NCLT Liquidated Corporate Debtor’s Property: HP HC

October 4, 2024 255 Views 0 comment Print

Assessee-company was engaged in the business of manufacturing and trading of Inverters & Batteries and had its factory premises in Himachal Pradesh. For running its operations, it had availed various facilities from financial creditors and also with SBI.

Company Limited by Shares Can Convert to Company Limited by Guarantee Without Share Capital: NCLT

September 25, 2024 492 Views 0 comment Print

NCLT allows conversion of a company limited by shares to a company limited by guarantee without share capital. Key provisions of the Companies Act cited in the case.

Demands Prior to NCLT Order Under IBC: Need to Address Judicial Indiscipline with SOP

September 23, 2024 336 Views 0 comment Print

Despite Supreme Court rulings, authorities continue to raise demands for periods before NCLT orders under IBC, violating judicial discipline and causing business hardship.

Power of NCLT to Call AGMs and EGMs of Members

September 16, 2024 309 Views 0 comment Print

Learn about the NCLT’s powers under Sections 97 and 98 of the Companies Act, 2013, to call AGMs and EGMs, including procedures and conditions for such meetings.

Natural Justice Violation: Patna HC Sets Aside Re-assessment for Liquidated Company

August 26, 2024 336 Views 0 comment Print

Patna HC quashes re-assessment order against liquidated company, emphasizing the Liquidator’s right to be heard under the IBC. Re-assessment to proceed with Liquidator’s participation.

CIRP application rejected due to pre-existing dispute between parties: NCLT Mumbai

August 26, 2024 252 Views 0 comment Print

NCLT Mumbai held that the object of the Insolvency and Bankruptcy Code, 2016 [IBC] is not to admit a Corporate Debtor [CD] into Corporate Insolvency Resolution Process [CIRP] when there is pre-existing dispute between the parties.

Delayed submission of Resolution Plan by one day delay should be condoned

August 24, 2024 264 Views 0 comment Print

Delayed submission by one day of the Resolution Plan by the Applicant should be condoned as it had not caused any delayed or prejudice to the interests of any of the parties or has affected the timelines of CIRP.

ITAT Dismisses Appeal as Infructuous Following NCLT Approval of Resolution Plan

August 24, 2024 171 Views 0 comment Print

Calcutta High Court dismisses IT department’s appeal against ITAT ruling after NCLT approves resolution plan for Srei Infrastructure Finance Limited.

Creditor must file proof of due service of demand notice to resolution professional first: NCLT Amravati

August 20, 2024 471 Views 0 comment Print

NCLT Amravati held that the approach of the creditor in filing the proof of due service of the demand notice straightway before Adjudicating Authority, without placing the same before the resolution professional, is improper.

NCLT Approves Suman Villas Pvt Ltd Resolution Plan

August 19, 2024 270 Views 0 comment Print

NCLT Chandigarh approves the resolution plan for Suman Villas Pvt Ltd, submitted by Max Heights Infrastructure Ltd. Key details of the process and decision.

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