![Stakeholders Consultation Committee Backed Resolution Approved: NCLT Replaces Liquidator under Regulation 31A of IBBI [Read Order]](https://images.taxscan.in/h-upload/2025/10/27/500x300_2100122-ibbi-nclt-cochin-stakeholders-consultation-committee-taxscan.webp "Stakeholders Consultation Committee Backed Resolution Approved: NCLT Replaces Liquidator under Regulation 31A of IBBI [Read Order]")
Stakeholders Consultation Committee Backed Resolution Approved: NCLT Replaces Liquidator under Regulation 31A of IBBI [Read Order]
The Cochin bench of the National Company Law Tribunal (NCLT) approved the replacement of Liquidator Sri K.C. Padmakumar with Sri Sreenivasan P.R., ...
![Consumer Proceedings Not Maintainable after IBC Moratorium Imposition: Bombay HC quashes Consumer Forum Order against SREI Equipment [Read Order]](https://images.taxscan.in/h-upload/2025/10/27/250x150_2100110-ibc-bombay-hc-srei-equipment-taxscan.webp "Consumer Proceedings Not Maintainable after IBC Moratorium Imposition: Bombay HC quashes Consumer Forum Order against SREI Equipment [Read Order]")
![NCLT Sanctions Fee for Outgoing Liquidator and Professionals under Regulation 34B of IBBI, Citing Regulatory Minimum and Services Rendered [Read Order]](https://images.taxscan.in/h-upload/2025/10/27/250x150_2100082-ibbi-nclt-taxscan.webp "NCLT Sanctions Fee for Outgoing Liquidator and Professionals under Regulation 34B of IBBI, Citing Regulatory Minimum and Services Rendered [Read Order]")
![NCLT President Cannot Alter/Extend Territorial Jurisdiction of Any Bench: Gujarat HC Quashes Transfer of Arcelor Mittal Case [Read Order]](https://images.taxscan.in/h-upload/2025/10/26/250x150_2099951-nclt-president-territorial-jurisdiction-any-bench-gujarat-hc-transfer-of-arcelor-mittal-case-taxscan.webp "NCLT President Cannot Alter/Extend Territorial Jurisdiction of Any Bench: Gujarat HC Quashes Transfer of Arcelor Mittal Case [Read Order]")
![NRIs May Soon Update or Reverify KYC Without India Visit: SEBI Proposes Geo-Tagging in Securities Market Process [Read Circular]](https://images.taxscan.in/h-upload/2025/10/24/250x150_2099659-sebi-nris-may-soon-update-taxscan.webp "NRIs May Soon Update or Reverify KYC Without India Visit: SEBI Proposes Geo-Tagging in Securities Market Process [Read Circular]")
Discovery During Audit Alone Does Not Justify Extended Limitation u/s11A: CESTAT Sets Aside Cenvat Credit Demand and Penalty of Rs. 1.81 Crore [Read Order]
The Principal bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi held that mere discovery of wrongly availed Cenvat credit during audit does not justify invoking the...
![Discovery During Audit Alone Does Not Justify Extended Limitation u/s11A: CESTAT Sets Aside Cenvat Credit Demand and Penalty of Rs. 1.81 Crore [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099629-cenvat-credit-demand-penalty-discovery-during-audit-taxscan.webp "Discovery During Audit Alone Does Not Justify Extended Limitation u/s11A: CESTAT Sets Aside Cenvat Credit Demand and Penalty of Rs. 1.81 Crore [Read Order]")
Debt Acknowledgement Overcomes Limitation Defence: NCLT Admits CIRP u/s 7 on ₹147 Cr Claim of Punjab National Bank [Read Order]
The New Delhi Bench of the National Company Law Tribunal (NCLT) admitted a Section 7 petition filed by Punjab National Bank against M/s Shriram Skill and Education Ltd., initiating the corporate...
![Debt Acknowledgement Overcomes Limitation Defence: NCLT Admits CIRP u/s 7 on ₹147 Cr Claim of Punjab National Bank [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099581-punjab-national-bank-taxscan.webp "Debt Acknowledgement Overcomes Limitation Defence: NCLT Admits CIRP u/s 7 on ₹147 Cr Claim of Punjab National Bank [Read Order]")
Non-Cooperation by Management: NCLT Upholds 92.53% CoC Vote for Liquidation u/s 33(2) After Failed CIRP [Read Order]
The National Company Law Tribunal (NCLT), New Delhi Bench, ordered the liquidation of SN Cinema Advertising Pvt. Ltd. under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, rejecting the...
![Non-Cooperation by Management: NCLT Upholds 92.53% CoC Vote for Liquidation u/s 33(2) After Failed CIRP [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099513-nclt-liquidation-taxscan.webp "Non-Cooperation by Management: NCLT Upholds 92.53% CoC Vote for Liquidation u/s 33(2) After Failed CIRP [Read Order]")
Resolution Plan Below CoC’s Commercial Expectations: NCLT Approves Liquidation After Failed CIRP [Read Order]
The Hyderabad bench of the National Company Law Tribunal (NCLT), ordered the liquidation of SAPF Estates Private Limited after the Corporate Insolvency Resolution Process (CIRP) failed to secure a...
![Resolution Plan Below CoC’s Commercial Expectations: NCLT Approves Liquidation After Failed CIRP [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099512-resolution-plan-coc-commercial-expectations-nclt-cirp-taxscan.webp "Resolution Plan Below CoC’s Commercial Expectations: NCLT Approves Liquidation After Failed CIRP [Read Order]")
NCLT Sanctions Resolution Plan u/s 30(6) After NCLAT Upholds Asset Valuation and Creditor Protections u/s 30(2) [Read Order]
The National Company Law Tribunal (NCLT) approved the resolution plan under Section 30(6) of the Insolvency and Bankruptcy Code after the National Company Law Appellate Tribunal (NCLAT) upheld its...
![NCLT Sanctions Resolution Plan u/s 30(6) After NCLAT Upholds Asset Valuation and Creditor Protections u/s 30(2) [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099503-nclt-resolution-plan-taxscan.webp "NCLT Sanctions Resolution Plan u/s 30(6) After NCLAT Upholds Asset Valuation and Creditor Protections u/s 30(2) [Read Order]")
SEBI Directs Market Intermediaries to Verify Client Accounts to Eliminate Terror Links as UN Amends ISIL (Da’esh) & Al-Qaida Sanctions List
The Securities and Exchange Board of India (SEBI) has directed all stock exchanges, depositories, KYC Registration Agencies (KRAs), member of the Association of Mutual Funds in India (AMFI) and all...
