![Issuance Of Share Certificates Falls Outside The Scope Of Rectification u/s 59: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/28/2127408-issuance-of-share-certificates-falls-outside-the-scope-of-rectification-nclat.webp "Issuance Of Share Certificates Falls Outside The Scope Of Rectification u/s 59: NCLAT [Read Order]")
Issuance Of Share Certificates Falls Outside The Scope Of Rectification u/s 59: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) Chennai Bench has held that the demand for share certificates cannot be made through...
![CIRP Petition Not Barred u/s 10A For Defaults arising Post-COVID Period: NCLAT Revives ₹2.36 Crore Operational Debt Claim [Read Order]](https://images.taxscan.in/h-upload/2026/02/28/2127415-nclat-revives-236-crore-operational-debt-claim-taxscan.webp "CIRP Petition Not Barred u/s 10A For Defaults arising Post-COVID Period: NCLAT Revives ₹2.36 Crore Operational Debt Claim [Read Order]")
![Reassignment of Reliance Bhutan Loan to Dissenting Creditors Invalid: NCLAT Dismisses Bank of Baroda Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2127029-reassignment-reliance-bhutan-loan-dissenting-creditors-invalid-nclat-taxscan.webp "Reassignment of Reliance Bhutan Loan to Dissenting Creditors Invalid: NCLAT Dismisses Bank of Baroda Appeal [Read Order]")
![CoC Cannot Modify Distribution Mechanism After Approval of Resolution Plan: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2127017-coc-cannot-modify-distribution-mechanism-after-approval-resolution-plan-nclat-taxscan.webp "CoC Cannot Modify Distribution Mechanism After Approval of Resolution Plan: NCLAT [Read Order]")
![Benami Attachment Orders Cannot Be Challenged Before NCLT Under IBC: Supreme Court [Read Judgement]](https://images.taxscan.in/h-upload/2026/02/25/2127053-benami-attachment-orders-challenged-nclt-ibc-supreme-court.webp "Benami Attachment Orders Cannot Be Challenged Before NCLT Under IBC: Supreme Court [Read Judgement]")
Common IP Address, EMD Payments & Call Records Establish Cartelisation: NCLAT Upholds ₹10 Lakh Penalty For Bid Rigging [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench New Delhi has confirmed a penalty of ₹10 lakh on M/s Klassy Enterprises for engaging in bid rigging and cartels in contravention...
![Common IP Address, EMD Payments & Call Records Establish Cartelisation: NCLAT Upholds ₹10 Lakh Penalty For Bid Rigging [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2127012-common-ip-address-emd-payments-call-records-establish-cartelisation-nclat-penalty-.webp "Common IP Address, EMD Payments & Call Records Establish Cartelisation: NCLAT Upholds ₹10 Lakh Penalty For Bid Rigging [Read Order]")
Demand Notice Issued u/s 13 of SARFAESI Constitute Valid Invocation of Personal Guarantee: NCLAT Upholds Insolvency Resolution Proceedings [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has upheld the initiation of insolvency resolution proceedings against the personal guarantor by holding that the notice issued under Section 13...
![Demand Notice Issued u/s 13 of SARFAESI Constitute Valid Invocation of Personal Guarantee: NCLAT Upholds Insolvency Resolution Proceedings [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2126995-demand-notice-issued-sarfaesi-constitute-valid-invocation-personal-guarantee-nclat-upholds-insolvency-resolution-proceedings-taxscan.webp "Demand Notice Issued u/s 13 of SARFAESI Constitute Valid Invocation of Personal Guarantee: NCLAT Upholds Insolvency Resolution Proceedings [Read Order]")
Rs. 2 Crore Monetary Limit Under 2024 CBIC Policy Covers Ongoing Appeals, Not Only Fresh Filings: Supreme Court [Read Judgement]
In a recent ruling, the Supreme Court dismissed the appeals filed by the State on the ground that the tax effect involved was below the Rs. 2 crore monetary limit fixed under the 2024 CBIC policy...
![Rs. 2 Crore Monetary Limit Under 2024 CBIC Policy Covers Ongoing Appeals, Not Only Fresh Filings: Supreme Court [Read Judgement]](https://images.taxscan.in/h-upload/2026/02/24/2126899-rs-2-crore-monetaryjpg.webp "Rs. 2 Crore Monetary Limit Under 2024 CBIC Policy Covers Ongoing Appeals, Not Only Fresh Filings: Supreme Court [Read Judgement]")
Provident Fund Claims Raised During Moratorium Unsustainable: NCLAT Rejects EPFO’s Appeal [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) has dismissed the appeal filed by the Employees’ Provident Fund Organisation (EPFO), as it held that the provident fund claims based on the...
![Provident Fund Claims Raised During Moratorium Unsustainable: NCLAT Rejects EPFO’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126850-provident-fund-claims-nclat-rejects-epfos-appeal.webp "Provident Fund Claims Raised During Moratorium Unsustainable: NCLAT Rejects EPFO’s Appeal [Read Order]")
Unilateral Accounting Adjustments cannot Revive ₹1.4 Crore Operational Debt beyond Limitation: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has rejected the appeal filed by Heena Metal Private Limited holding that unilateral accounting adjustments and internal transfer of ledger...
![Unilateral Accounting Adjustments cannot Revive ₹1.4 Crore Operational Debt beyond Limitation: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126848-unilateral-accounting-adjustments-operational-debt-beyond-limitation-taxscan.webp "Unilateral Accounting Adjustments cannot Revive ₹1.4 Crore Operational Debt beyond Limitation: NCLAT [Read Order]")
NCLT Fails to Consider Balance Sheet Debt Acknowledgments and COVID Limitation Relief: NCLAT Restores UCO Bank’s Insolvency Proceedings [Read Order]
The National Company Law Appellate Tribunal(NCLAT) allowed the insolvency proceedings initiated by UCO Bank under Section 7 of the Insolvency and Bankruptcy Code, 2016, as the NCLT was in error in ...
![NCLT Fails to Consider Balance Sheet Debt Acknowledgments and COVID Limitation Relief: NCLAT Restores UCO Bank’s Insolvency Proceedings [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126858-nclt-fails-to-consider-balance-sheet-debt-acknowledgmentsjpg.webp "NCLT Fails to Consider Balance Sheet Debt Acknowledgments and COVID Limitation Relief: NCLAT Restores UCO Bank’s Insolvency Proceedings [Read Order]")
Liquidator Can Evict Subsidiaries Occupying Corporate Debtor’s Assets: NCLAT Dismisses Appeal u/s 60(5) IBC [Read Order]
The National Company Law Appellate Tribunal (NCLAT) rejected the appeals on the ground that the liquidator of the corporate debtor had the absolute authority to evict the subsidiaries occupying the...
![Liquidator Can Evict Subsidiaries Occupying Corporate Debtor’s Assets: NCLAT Dismisses Appeal u/s 60(5) IBC [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126861-liquidator-can-evict-subsidiaries-occupying-corporate-nclat-ibc.webp "Liquidator Can Evict Subsidiaries Occupying Corporate Debtor’s Assets: NCLAT Dismisses Appeal u/s 60(5) IBC [Read Order]")