![Protection of IBC is only applicable to corporate debtors and not to Person Who drawn cheque in Individual capacity: Allahabad HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2072117-individual-capacity-corporate-debtors-drawn-cheque-taxscan.webp "Protection of IBC is only applicable to corporate debtors and not to Person Who drawn cheque in Individual capacity: Allahabad HC [Read Order]")
Protection of IBC is only applicable to corporate debtors and not to Person Who drawn cheque in Individual capacity: Allahabad HC [Read Order]
The Allahabad high court held that protection of Insolvency Bankruptcy Code (IBC), 2016 is only applicable to corporate debtors and not to persons...
![Once Resolution Plan has approved by NCLT Commercial Tax Department cannot create further dues: Allahabad HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2072105-allahabad-high-court-resolution-plan-nclt-taxscan.webp "Once Resolution Plan has approved by NCLT Commercial Tax Department cannot create further dues: Allahabad HC [Read Order]")
![Section 14 of IBC does not bar classification of account of CD during pendency of CIRP: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2071982-section-14-of-ibc-act-ibc-ibc-does-not-bar-classification-bar-classification-taxscan.webp "Section 14 of IBC does not bar classification of account of CD during pendency of CIRP: NCLT [Read Order]")
![Permitting Repeated Invitation of EOI (Form G) merely on behest of Individual Stakeholder Will Defeat Timeliness under IBC: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2071932-nclt-taxscan.webp "Permitting Repeated Invitation of EOI (Form G) merely on behest of Individual Stakeholder Will Defeat Timeliness under IBC: NCLT [Read Order]")
![Non Cooperation of CocC Members and Suspended Management against Liquidator: NCLT Directs to Cooperate with Liquidator [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2071945-liquidator-nclt-cooperate-taxscan.webp "Non Cooperation of CocC Members and Suspended Management against Liquidator: NCLT Directs to Cooperate with Liquidator [Read Order]")
IBBI Rejects RTI Appeal Seeking Internal Investigation Records: Cites Prior Disclosure and RTI Limitations [Read Circular]
The Insolvency and Bankruptcy Board of India (IBBI) has dismissed an RTI appeal filed by Kairav Anil Trivedi, who sought extensive internal documentation related to a show cause notice (SCN) and...
![IBBI Rejects RTI Appeal Seeking Internal Investigation Records: Cites Prior Disclosure and RTI Limitations [Read Circular]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071607-ibbi-rejects-rti-limitations-taxscan.webp "IBBI Rejects RTI Appeal Seeking Internal Investigation Records: Cites Prior Disclosure and RTI Limitations [Read Circular]")
Failure to Issue Fresh Form G for substantial assets or a new line of business Discovered: IBBI Suspends authorisation of RP
The Insolvency and Bankruptcy Board of India suspended the authorisation of Resolution Professional (RP) for three months on finding the failure to issue fresh Form G for the substantial assets or a...
IBBI Rejects RTI Appeal on DHFL Insolvency Payments: Clarifies RTI Is Not a Grievance Redressal Mechanism [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) has dismissed a Right To Information appeal filed by a fixed deposit (FD) holder of Dewan Housing Finance Corporation Limited (DHFL), who had...
![IBBI Rejects RTI Appeal on DHFL Insolvency Payments: Clarifies RTI Is Not a Grievance Redressal Mechanism [Read Notification]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071554-ibbi-rti-appeal-dhfl-insolvency-payments-clarifies-rti-grievance-redressal-mechanism-taxscan.webp "IBBI Rejects RTI Appeal on DHFL Insolvency Payments: Clarifies RTI Is Not a Grievance Redressal Mechanism [Read Notification]")
NCLAT Affirms Resolution Professional’s Right to Terminate LLA and Recover Possession During Moratorium [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) affirmed that a Resolution Professional is entitled to terminate a Leave and Licence Agreement (LLA) and initiate legal ...
![NCLAT Affirms Resolution Professional’s Right to Terminate LLA and Recover Possession During Moratorium [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071390-nclat-ibc-taxscan.webp "NCLAT Affirms Resolution Professional’s Right to Terminate LLA and Recover Possession During Moratorium [Read Order]")
SEBI removes CP Code Requirement for NRIs Trading in Derivatives to Boost Ease of Investment [Read Circular]
The Securities and Exchange Board of India (SEBI) issued a circular dated July 29, 2025, removing the long-standing requirement for Non-Resident Indians (NRIs) to obtain a Custodial Participant (CP)...
![SEBI removes CP Code Requirement for NRIs Trading in Derivatives to Boost Ease of Investment [Read Circular]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071323-sebi-remove-cp-code-nri-taxscan.webp "SEBI removes CP Code Requirement for NRIs Trading in Derivatives to Boost Ease of Investment [Read Circular]")
Delhi HC Permits RP to Convene CoC Meeting Pending NCLT Proceedings, Directs to Make Decision Subject to Tribunal Decision [Read Order]
The High Court of Delhi, permits Resolution Professional (RP ) to convene 39th CoC meeting despite the petitioner’s objection citing a pending National Company Law Tribunal (NCLT) application, but...
![Delhi HC Permits RP to Convene CoC Meeting Pending NCLT Proceedings, Directs to Make Decision Subject to Tribunal Decision [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2072034-delhi-hc-coc-meeting-nclt-proceedings.webp "Delhi HC Permits RP to Convene CoC Meeting Pending NCLT Proceedings, Directs to Make Decision Subject to Tribunal Decision [Read Order]")
Registrar is not in a position to take a decision When removal of Director is pending consideration before NCLT: Calcutta HC [Read Order]
The Calcutta High Court has held that the registrar is not in a position to take a decision When removal of Director is pending consideration before the National company Law Tribunal ( NCLT ). The...
![Registrar is not in a position to take a decision When removal of Director is pending consideration before NCLT: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2072101-registrar-is-not-in-a-position-to-take-a-decision-position-to-take-a-decision-taqxscan.webp "Registrar is not in a position to take a decision When removal of Director is pending consideration before NCLT: Calcutta HC [Read Order]")