![Financial assistance given by Adhunik Corporation ltd can be treated as Financial Debt citing Element of Commercial Effect of Borrowing: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/27/500x300_2080930-financial-assistance-adhunik-corporation-ltd-financial-debt-nclt-taxscan.webp "Financial assistance given by Adhunik Corporation ltd can be treated as Financial Debt citing Element of Commercial Effect of Borrowing: NCLT [Read Order]")
Financial assistance given by Adhunik Corporation ltd can be treated as Financial Debt citing Element of Commercial Effect of Borrowing: NCLT [Read Order]
The Kolkata bench of the National Company Law Tribunal (NCLT) has held that financial assistance given by Adhunik Corporation Ltd can be treated as...
![SEBI Relaxes Timeline for Stock Brokers to Submit Net Worth Certificate for Offering Margin Trading Facility [Read Circular]](https://images.taxscan.in/h-upload/2025/08/27/250x150_2080891-2054872-taxscan-sebi.webp "SEBI Relaxes Timeline for Stock Brokers to Submit Net Worth Certificate for Offering Margin Trading Facility [Read Circular]")
![NCLT Member Refuses to Hear Petition after being Approached by Most Revered member of Higher Judiciary” to Favour a Party [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/250x150_2080653-nclat-case-digest-on-nclat-under-ibc-nclat-case-digest-taxscan.webp "NCLT Member Refuses to Hear Petition after being Approached by Most Revered member of Higher Judiciary” to Favour a Party [Read Order]")
![Vague Allegations of Defective Goods Not a Pre-Existing Dispute: NCLT Accepts Insolvency Petition and CIRP Initiated [Read Order]](https://images.taxscan.in/h-upload/2025/08/24/250x150_2080152-vague-allegations-defective-goods-pre-existing-dispute-nclt-insolvency-petition-cirp-initiated-taxscan.webp "Vague Allegations of Defective Goods Not a Pre-Existing Dispute: NCLT Accepts Insolvency Petition and CIRP Initiated [Read Order]")
Documentary Evidence like Court of Board Nominees Order, Bank statements Other than IU Records Sufficient to Establish Default Date: NCLT [Read Order]
The Ahmedabad Bench of the National CompanyLaw Tribunal (NCLT) clarified that the date of default can be established by placing reliance on documentary evidence other than a record of default with an...
![Documentary Evidence like Court of Board Nominees Order, Bank statements Other than IU Records Sufficient to Establish Default Date: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/24/500x300_2080145-documentary-evidence-board-nominees-order-bank-statements-iu-nclt-taxscan.webp "Documentary Evidence like Court of Board Nominees Order, Bank statements Other than IU Records Sufficient to Establish Default Date: NCLT [Read Order]")
Delay in Obtaining Documents Not Sufficient Reason: NCLAT Refuses to Condone 248 days Delay in Recall Plea [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) refused to condone a delay of 248 days in filing a recall application by Mr. Raju Rangadhamaiah and his wife, Smt. M....
![Delay in Obtaining Documents Not Sufficient Reason: NCLAT Refuses to Condone 248 days Delay in Recall Plea [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079282-condone-delay-nclat-documents-taxscan.webp "Delay in Obtaining Documents Not Sufficient Reason: NCLAT Refuses to Condone 248 days Delay in Recall Plea [Read Order]")
90-Day Time Limit under Regulation 2B for Completing Section 230 Scheme of Arrangement is Directory: NCLAT grants 90 More Days [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) ruled that the 90-day time limit under Regulation 2B of the IBBI (Liquidation Process) Regulations, 2016 for completing a...
![90-Day Time Limit under Regulation 2B for Completing Section 230 Scheme of Arrangement is Directory: NCLAT grants 90 More Days [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079168-2062469-nclat-fraud-finding-former-director-orders-contribution-sham-transactions-taxscan.webp "90-Day Time Limit under Regulation 2B for Completing Section 230 Scheme of Arrangement is Directory: NCLAT grants 90 More Days [Read Order]")
NCLT Allows claim of Reliance Capital Ltd against Win and Trendz Exim Private Limited, orders Liquidation and Appoints Liquidator
The Mumbai bench of the National Company Law Tribunal (NCLT) allowed the claim of Reliance Capital Ltd, against Win and Trendz Exim Private Limited, the corporate debtor's liquidation with the...
Once a Case is Filed Against Borrower, Guarantor’s Case Must Go to the Same NCLT: NCLAT Says Filing Counts as Pendency, Not Just Admission [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) upheld the admission of a Section 7 application filed against Tuscan Consultants and Developers Private Limited, holding that...
![Once a Case is Filed Against Borrower, Guarantor’s Case Must Go to the Same NCLT: NCLAT Says Filing Counts as Pendency, Not Just Admission [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2078918-nclat-taxscan.webp "Once a Case is Filed Against Borrower, Guarantor’s Case Must Go to the Same NCLT: NCLAT Says Filing Counts as Pendency, Not Just Admission [Read Order]")
No Power vested to adjudicate disputes w.r.t Copyright Violations of ‘Kaithi’ Movie or Contract Termination: NCLT rejects Application by Dream Warrior Pictures [Read Order]
The National Company Law Tribunal (NCLT), Mumbai Bench has held that it is not the appropriate forum to adjudicate matters related to copyright violations related to ‘Kaithi’ movie and contract...
![No Power vested to adjudicate disputes w.r.t Copyright Violations of ‘Kaithi’ Movie or Contract Termination: NCLT rejects Application by Dream Warrior Pictures [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2078928-nclt-kaithi-copyright-case-dream-warrior-pictures-taxscan.webp "No Power vested to adjudicate disputes w.r.t Copyright Violations of ‘Kaithi’ Movie or Contract Termination: NCLT rejects Application by Dream Warrior Pictures [Read Order]")
![Company Appeal at Behest of Shareholder not Maintainable: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2078905-company-appeal-shareholder-maintainabl-nclat-taxscan.webp "Company Appeal at Behest of Shareholder not Maintainable: NCLAT [Read Order]")