![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/2025/10/26/500x300_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]")
NCLT President Cannot Alter/Extend Territorial Jurisdiction of Any Bench: Gujarat HC Quashes Transfer of Arcelor Mittal Case [Read Order]
The Gujarat High Court recently affirmed that the president of the National Company Law Tribunal (NCLT) cannot alter or extend the territorial...
![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]](https://images.taxscan.in/h-upload/2025/10/24/250x150_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]](https://images.taxscan.in/h-upload/2025/10/24/250x150_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...
Reason for Default Irrelevant: NCLT Admits Section 7 Petition Rejecting COVID-19 & Technical Defences [Read Order]
The Mumbai bench of the National Company Law Tribunal (NCLT) admitted a section 7 petition rejecting COVID-19 and technical defences and observed that default of payment is enough, then the reason...
![Reason for Default Irrelevant: NCLT Admits Section 7 Petition Rejecting COVID-19 & Technical Defences [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099290-nclt-covid-19-technical-defences-taxscan.webp "Reason for Default Irrelevant: NCLT Admits Section 7 Petition Rejecting COVID-19 & Technical Defences [Read Order]")
![No Illegibilities u/s 11 of IBC: NCLT Admits CIRP u/s 10 Amid COVID-19 Losses [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099306-nclt-cirp-taxscan.webp "No Illegibilities u/s 11 of IBC: NCLT Admits CIRP u/s 10 Amid COVID-19 Losses [Read Order]")
NCLT Admits BluSmart Mobility Tech to Insolvency for ₹5.8 Crore Default on Google Maps Service Payments [Read Order]
The Ahmedabad Bench of the National Company Law Tribunal (NCLT) admitted a Section 9 petition filed by Lepton Software Export and Research Private Limited and initiated the Corporate Insolvency ...
![NCLT Admits BluSmart Mobility Tech to Insolvency for ₹5.8 Crore Default on Google Maps Service Payments [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099211-blusmart-mobility-tech-taxscan.webp "NCLT Admits BluSmart Mobility Tech to Insolvency for ₹5.8 Crore Default on Google Maps Service Payments [Read Order]")