![Adjudicating Authority cannot Accept Report of RP without Independent Assessment u/s 100 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Adjudicating-Authority-Accept-Report-RP-Independent-Assessment-IBC-NCLAT-taxscan.jpg "Adjudicating Authority cannot Accept Report of RP without Independent Assessment u/s 100 of IBC: NCLAT [Read Order]")
Adjudicating Authority cannot Accept Report of RP without Independent Assessment u/s 100 of IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench has held that the Adjudicating Authority, while considering the report of the...
![No S.263 Notice after Resolution Plan Approval on Extinguishment of Corporate Debtor’s Tax Liabilities: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ujarat-HC-Tax-Ruling-S.263-Notice-IBC-Corporate-Debtor-Tax-Relief-taxscan-.jpg "No S.263 Notice after Resolution Plan Approval on Extinguishment of Corporate Debtor’s Tax Liabilities: Gujarat HC [Read Order]")
![Land Sold by Third Parties to Corporate Debtor Cannot be Held Liable u/s 66 of IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Land-Sold-Land-Sold-by-Third-Parties-Third-Parties-to-Corporate-Debtor-Corporate-Debtor-Section-66-of-IBC-NCLT-taxscan.jpg "Land Sold by Third Parties to Corporate Debtor Cannot be Held Liable u/s 66 of IBC: NCLT [Read Order]")
Liquidator must not Restrict Sale of Corporate Debtor's Assets through Private Sale to Single Buyer, Should Attract Multiple Buyers: NCLT [Read Order]
The National Company Law Tribunal (NCLT) Mumbai bench has held that the Liquidator must not restrict the private sale to a single buyer but should strategize to attract the maximum number of buyers...
![Liquidator must not Restrict Sale of Corporate Debtors Assets through Private Sale to Single Buyer, Should Attract Multiple Buyers: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLT-Corporate-Debtor-NCLT-Mumbai-corporate-debtor-asset-sale-TAXSCAN.jpg "Liquidator must not Restrict Sale of Corporate Debtors Assets through Private Sale to Single Buyer, Should Attract Multiple Buyers: NCLT [Read Order]")
Advance Payment Received by Corporate Debtor for Future Supply of Goods is Operational Debt Under IBC: NCLT [Read Order]
The National Company Law Tribunal ( NCLT ) Mumbai has held that the payment received in advance by the Corporate Debtor for the future supply of goods constitutes an operational debt. Read More:...
![Advance Payment Received by Corporate Debtor for Future Supply of Goods is Operational Debt Under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/IBC-NCLT-Advance-Payment-taxscan.jpg "Advance Payment Received by Corporate Debtor for Future Supply of Goods is Operational Debt Under IBC: NCLT [Read Order]")
Threshold Limit For Initiating Insolvency Process Against Personal Guarantors Shall be same of Corporate Debtor: NCLT [Read Order]
The National Company Law Tribunal (NCLT) Chennai has held that the threshold limit for initiating the Personal Insolvency Resolution Process (PIRP) under Sections 94 or 95 of the Insolvency and...
![Threshold Limit For Initiating Insolvency Process Against Personal Guarantors Shall be same of Corporate Debtor: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLT.jpg "Threshold Limit For Initiating Insolvency Process Against Personal Guarantors Shall be same of Corporate Debtor: NCLT [Read Order]")
Corporate Debtor Not Barred From Raising Pre-Existing Dispute Even in absence of reply within period u/s 8 of IBC: NCLT [Read Order]
The National Company Law Tribunal (NCLT) Mumbai has held that failure to respond to a demand notice within 10 days under Section 8 of the Insolvency and Bankruptcy Code, 2016 (the Code) does not bar...
![Corporate Debtor Not Barred From Raising Pre-Existing Dispute Even in absence of reply within period u/s 8 of IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Corporate-Debtor-NCLT-ruling-IBC-Section-8-taxscan.jpg "Corporate Debtor Not Barred From Raising Pre-Existing Dispute Even in absence of reply within period u/s 8 of IBC: NCLT [Read Order]")
Any Default Falling Within Section 10-A of IBC Must be Excluded from Total Outstanding Debt: NCLT [Read Order]
In a recent case, the Hyderabad bench of the National Company Law Tribunal ( NCLT ) while dismissing the petition under section 9 of Insolvency Bankruptcy Code ( IBC ), 2016, held that the...
![Any Default Falling Within Section 10-A of IBC Must be Excluded from Total Outstanding Debt: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Debt-NCLT-IBC-taxscan.jpg "Any Default Falling Within Section 10-A of IBC Must be Excluded from Total Outstanding Debt: NCLT [Read Order]")
Petition u/s 7 of IBC against Corporate Guarantor Not allowable without Proper Establishment of Valid Delivery of Guarantee Invocation Notice: NCLT [Read Order]
The Mumbai bench of the National Company Law Tribunal (NCLT) has ruled that unless the receipt of the demand-cum-guarantee invocation notice is correctly demonstrated, an insolvency action under...
![Petition u/s 7 of IBC against Corporate Guarantor Not allowable without Proper Establishment of Valid Delivery of Guarantee Invocation Notice: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/IBC-petition-NCLT-ruling-Corporate-guarantor-taxscan-.jpg "Petition u/s 7 of IBC against Corporate Guarantor Not allowable without Proper Establishment of Valid Delivery of Guarantee Invocation Notice: NCLT [Read Order]")
Imposition of Moratorium Prevents Pre-CIRP Tax Dues From Being Recovered During CIRP: NCLT [Read Order]
While disposing of an application filed by the Resolution Professional ( RP ) against the Commissioner, Greater Hyderabad Municipal Corporation ( GHMC ),the Hyderabad bench of the National Company...
![Imposition of Moratorium Prevents Pre-CIRP Tax Dues From Being Recovered During CIRP: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/CIRP-Imposition-of-Moratorium-NCLT-taxscan.jpg "Imposition of Moratorium Prevents Pre-CIRP Tax Dues From Being Recovered During CIRP: NCLT [Read Order]")