![Equity Investment Made through Commercial MoU does not Convert Underlying Claim into Operational Debt: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/09/27/500x300_2091506-equity-investment-commercial-mou-convert-underlying-claim-operational-debt-nclt-taxscan.webp "Equity Investment Made through Commercial MoU does not Convert Underlying Claim into Operational Debt: NCLT [Read Order]")
Equity Investment Made through Commercial MoU does not Convert Underlying Claim into Operational Debt: NCLT [Read Order]
The National Company Law Tribunal( NCLT), Hyderabad Bench has held that an equity investment made through Commercial memorandum of understanding ...
![NCLT allows Exclusion of Time spent by Liquidator in complying with Judicial Orders and Directions of Stake Holders [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/250x150_2089971-nclt-liquidator-judicial-orders-taxscan.webp "NCLT allows Exclusion of Time spent by Liquidator in complying with Judicial Orders and Directions of Stake Holders [Read Order]")
![Termination of Concession Agreement does not Discharge Corporate Debtors Obligation to Repay: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/250x150_2090007-termination-concession-agreement-discharge-corporate-debtor-repay-nclat-taxscan.webp "Termination of Concession Agreement does not Discharge Corporate Debtors Obligation to Repay: NCLAT [Read Order]")
NSL Mining Resource case: Telangana HC directs Income Tax dept to issue fresh order for Rs 143 cr tax demand with NCLT plan [Read Order]
In the case of NSL Mining Resources India Pvt ltd, the Telangana High Court has directed the income tax department to issue a fresh order incorporating the resolution plan approved by the National...
![NSL Mining Resource case: Telangana HC directs Income Tax dept to issue fresh order for Rs 143 cr tax demand with NCLT plan [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2089954-nsl-mining-taxscan.webp "NSL Mining Resource case: Telangana HC directs Income Tax dept to issue fresh order for Rs 143 cr tax demand with NCLT plan [Read Order]")
Directors who Invested ₹5.5 Cr in Corporate Debtor Cannot Claim to be Unaware of CIRP: NCLAT Upholds Denial of Exclusion/Extension [Read Order]
The National Company Law Appellate Tribunal (NCLAT) recently dismissed an appeal filed by the suspended directors of a corporate debtor, holding that directors who had invested a sum of...
![Directors who Invested ₹5.5 Cr in Corporate Debtor Cannot Claim to be Unaware of CIRP: NCLAT Upholds Denial of Exclusion/Extension [Read Order]](https://images.taxscan.in/h-upload/2025/09/21/500x300_2089292-corporate-debtor-cirp-nclat-taxscan.webp "Directors who Invested ₹5.5 Cr in Corporate Debtor Cannot Claim to be Unaware of CIRP: NCLAT Upholds Denial of Exclusion/Extension [Read Order]")
SEBI Introduces ‘TLH’ Code for Smooth Transmission of Securities from Nominee to Legal Heir in CBDT Reporting [Read Circular]
The Securities and Exchange Board of India (SEBI) has recently issued a circular, introducing a standard reason code “TLH” (Transmission to Legal Heirs) when reporting nominee-to-legal-heir...
![SEBI Introduces ‘TLH’ Code for Smooth Transmission of Securities from Nominee to Legal Heir in CBDT Reporting [Read Circular]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2089079-sebi-introduces-cbdt-tlh-code-taxscan.webp "SEBI Introduces ‘TLH’ Code for Smooth Transmission of Securities from Nominee to Legal Heir in CBDT Reporting [Read Circular]")
Application under section 7(5) of IBC cannot be Rejected due to non furnishing of NeSL when existence of debt and default by CD is established: NCLT [Read Order]
In a recent case, the Mumbai bench of the National Company Law Tribunal(NCLT) has held that application under section 7(5) of the Insolvency & Bankruptcy Code 2016 (‘the Code’) cannot be...
![Application under section 7(5) of IBC cannot be Rejected due to non furnishing of NeSL when existence of debt and default by CD is established: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2089006-nclt-mumbai-nclt-ibc-application-taxscan.webp "Application under section 7(5) of IBC cannot be Rejected due to non furnishing of NeSL when existence of debt and default by CD is established: NCLT [Read Order]")
Minor clerical mistakes do not affect maintainability of an IBC petition, When Identity of Parties is not in dispute: NCLT Admits Petition u/s 9 [Read Order]
In a recent case, the Mumbai bench of the National Company Law Tribunal ( NCLT ) held that minor clerical mistakes do not affect maintainability of an Insolvency Bankruptcy Code (IBC) petition when...
![Minor clerical mistakes do not affect maintainability of an IBC petition, When Identity of Parties is not in dispute: NCLT Admits Petition u/s 9 [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2088986-minor-clerical-mistakes-ibc-petition-nclt-taxscan.webp "Minor clerical mistakes do not affect maintainability of an IBC petition, When Identity of Parties is not in dispute: NCLT Admits Petition u/s 9 [Read Order]")
Violation of Provisions of S. 10(A) of Companies Act: MCA directs to pay penalty imposed within 90 days [Read Order]
The Ministry of Corporate Affairs( MCA ) directed the notified officers in default/ noticee to pay a penalty imposed within 90 days for violation of Provisions of section 10(A) of the Companies Act,...
![Violation of Provisions of S. 10(A) of Companies Act: MCA directs to pay penalty imposed within 90 days [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2089009-violation-of-provisions-companies-act-mca-penalty-taxscan.webp "Violation of Provisions of S. 10(A) of Companies Act: MCA directs to pay penalty imposed within 90 days [Read Order]")