![Date of Default Not Mandatory in Invoice-Based Demand Notice: NCLAT Sets Aside Section 9 Rejection [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/500x300_2112278-date-default-not-mandatory-invoice-based-demand-notice-nclat-sets-aside-section-9-rejection-taxscan.webp "Date of Default Not Mandatory in Invoice-Based Demand Notice: NCLAT Sets Aside Section 9 Rejection [Read Order]")
Date of Default Not Mandatory in Invoice-Based Demand Notice: NCLAT Sets Aside Section 9 Rejection [Read Order]
The Chennai Bench of National Company Law Appellate Tribunal (NCLAT) clarified that a specific date of default was not mandatory in Form-4...
![NCLAT Admits CCI Clarification: WhatsApp Advertising Data Sharing also Subject to Opt‑Out and Revocable Consent [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/250x150_2114576-nclat-new-delhi-cci-whatsapp-data-sharing-optout-revocable-consent-whatsapp-data-sharing-taxscan.webp "NCLAT Admits CCI Clarification: WhatsApp Advertising Data Sharing also Subject to Opt‑Out and Revocable Consent [Read Order]")
![Failure to Meet NCLT Timelines Justifies Full Forfeiture of Deposits: Supreme Court Rejects Purchaser’s Challenge in Liquidation Sale [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/250x150_2114195-failure-meet-nclt-timelines-justifies-full-forfeiture-deposits-supreme-court-rejects-purchases-challenge-liquidation-sale-taxscan.webp "Failure to Meet NCLT Timelines Justifies Full Forfeiture of Deposits: Supreme Court Rejects Purchaser’s Challenge in Liquidation Sale [Read Order]")
![No CIRP for COVID-Period Default: NCLAT Affirms NCLT Order Rejecting Application u/s 10A [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/250x150_2111279-nclat-affirms-nclt-order-rejecting-application-taxscan.jfif "No CIRP for COVID-Period Default: NCLAT Affirms NCLT Order Rejecting Application u/s 10A [Read Order]")
![Liquidator Cannot Short-Circuit Jurisdiction: NCLAT Refuses to Adjudicate Disputed Contractual Dues Against UP Rajkiya Nirman Nigam [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/250x150_2111253-liquidator-cannot-short-circuit-jurisdictn-nclat-refuses-adjudicate-disputed-contractual-dues-against-up-rajkiya-nirman-nigam-taxscan.webp "Liquidator Cannot Short-Circuit Jurisdiction: NCLAT Refuses to Adjudicate Disputed Contractual Dues Against UP Rajkiya Nirman Nigam [Read Order]")
CD’s Ledger Acknowledgement Negates Claim of Pre‑Existing Dispute: SC Sets Aside NCLAT Order and Restores CIRP u/s 9 [Read Order]
The Supreme Court has restored the admission of a Section 9 Insolvencyand Bankruptcy Code (IBC) application filed by an appellant, holding that the corporate debtor, by acknowledging the ledger, has...
Non‑Cooperation with RP and Related‑Party Diversions Prove Intent to Defraud Creditors: NCLAT Upholds S.66 Directions Against Directors [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has upheld an NCLT Kolkata order directing the suspended directors of Dagcon (India) Pvt. Ltd. to contribute over ₹10.54 crore...
![Non‑Cooperation with RP and Related‑Party Diversions Prove Intent to Defraud Creditors: NCLAT Upholds S.66 Directions Against Directors [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112868-non-cooperation-rp-related-party-diversions-prove-intent-defraud-creditors-taxscan.webp "Non‑Cooperation with RP and Related‑Party Diversions Prove Intent to Defraud Creditors: NCLAT Upholds S.66 Directions Against Directors [Read Order]")
NCLT to Reconsider Rs. 92 Lakh Penalty Imposed for Non-Holding of AGMs Due to Directorial Deadlock: NCLAT [Read Order]
The Principal Bench of National Company Law Appellate Tribunal (NCLAT), New Delhi, remanded the matter to NCLT Mumbai to reconsider the ₹92 lakh penalty imposed for non-holding of AGMs from 2016 to ...
Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]
The Madras High Court, in a recent ruling, has held that the National Company Law Tribunal (NCLT) approved Resolution Plan acts as an impregnable firewall against Benami attachment of an asset...
![Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/500x300_2114211-benami-attachment-cannot-breach-impregnable-firewall-nclt-approved-resolution-plan-madras-hc-taxscan.webp "Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]")
No Procedural Lapse by Resolution Professional: NCLAT Upholds Order Rejecting Repayment Plans of Guarantors [Read Order]
The National Company Law Appellate Tribunal (NCLAT) at Chennai has upheld the rejection of repayment plans submitted by personal guarantors undergoing insolvency proceedings under the Insolvency...
![No Procedural Lapse by Resolution Professional: NCLAT Upholds Order Rejecting Repayment Plans of Guarantors [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/500x300_2111276-nclat-chennai-resolution-professional-repayment-plans-guarantors-no-procedural-lapse-order-reject-taxscan.webp "No Procedural Lapse by Resolution Professional: NCLAT Upholds Order Rejecting Repayment Plans of Guarantors [Read Order]")
NCLT alone has Jurisdiction Over Personal Guarantor Insolvency when CIRP Is Pending: Bombay HC orders Transfer of Proceedings
The Bombay High Court held that insolvency proceedings against personal guarantors must be filed before, or transferred to, the National Company Law Tribunal (NCLT) when the corporate debtor is ...
