![NCLT directs Liquidation u/s 33 of IBC in absence of Resolution Plan even after Extending Time Period [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/500x300_2077888-nclt-nclt-directs-liquidation-section-33-of-ibc-taxscan-.webp "NCLT directs Liquidation u/s 33 of IBC in absence of Resolution Plan even after Extending Time Period [Read Order]")
NCLT directs Liquidation u/s 33 of IBC in absence of Resolution Plan even after Extending Time Period [Read Order]
The Kolkata bench of the National Company Law Tribunal (NCLT) directed the liquidation under section 33 of Insolvency Bankruptcy Code (IBC), 2016 ...
![Provisions of moratorium Not applicable to transactions which might be notified by Central Government: NCLT admits Insolvency Application [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/250x150_2077891-nclt-admits-insolvency-apllication-nclt-insolvency-apllication-taxscan.webp "Provisions of moratorium Not applicable to transactions which might be notified by Central Government: NCLT admits Insolvency Application [Read Order]")
![NCLT directs Liquidation of JM Feed Pvt Ltd on satisfying conditions u/s 33 of IBC, Appoints Liquidator [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/250x150_2077878-nclt-liquidation-ibc-appoints-liquidator-taxscan.webp "NCLT directs Liquidation of JM Feed Pvt Ltd on satisfying conditions u/s 33 of IBC, Appoints Liquidator [Read Order]")
![NCLT Admits IBC Plea against Palchan Bhang Power for Default in Repaying ₹5.7 Cr over 10-Year Interest-Free Period [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/250x150_2077865-nclt-ibc-palchan-bhang-power-taxscan.webp "NCLT Admits IBC Plea against Palchan Bhang Power for Default in Repaying ₹5.7 Cr over 10-Year Interest-Free Period [Read Order]")
![DRT Directs to Admit Application filed by Financial Creditor u/s 126 (1) of IBC [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/250x150_2077863-drt-drt-directs-to-admit-application-application-filed-by-financial-creditor-taxscan.webp "DRT Directs to Admit Application filed by Financial Creditor u/s 126 (1) of IBC [Read Order]")
NCLT Order Lacked Reasons or Analysis Despite ‘Analysis and Findings’ Heading: NCLAT Sets Aside Order [Read Order]
The National Company Law Appellate Tribunal (NCLAT) set aside an order of the National Company Law Tribunal (NCLT), Kolkata Bench, which had appointed an independent scrutinizer to examine the results...
![NCLT Order Lacked Reasons or Analysis Despite ‘Analysis and Findings’ Heading: NCLAT Sets Aside Order [Read Order]](https://images.taxscan.in/h-upload/2025/08/15/500x300_2077102-nclt-order-lacked-nclat-taxscan.webp "NCLT Order Lacked Reasons or Analysis Despite ‘Analysis and Findings’ Heading: NCLAT Sets Aside Order [Read Order]")
GST Breakthrough for Agro-Textiles Geo-Membrane Waterproof Liners Classified as Technical Fabric: AAR [Read Order]
The Maharashtra Authority for Advance Ruling (AAR) has classified Geo-Membrane Waterproof Liners, used primarily in agriculture for water conservation, as technical textiles under Chapter Heading ...
![GST Breakthrough for Agro-Textiles Geo-Membrane Waterproof Liners Classified as Technical Fabric: AAR [Read Order]](https://images.taxscan.in/h-upload/2025/08/15/500x300_2076889-gst-breakthrough-for-agro-textiles-geo-membrane-waterproof-taxscan.webp "GST Breakthrough for Agro-Textiles Geo-Membrane Waterproof Liners Classified as Technical Fabric: AAR [Read Order]")
SEBI Releases Master Circular for Debenture Trustees: Consolidates Norms on Risk Management, Due Diligence & Security Monitoring [Read Circular]
The Securities and Exchange Board of India (SEBI) has issued a comprehensive Master Circular for Debenture Trustees, consolidating all relevant circulars into a single reference framework. The ...
![SEBI Releases Master Circular for Debenture Trustees: Consolidates Norms on Risk Management, Due Diligence & Security Monitoring [Read Circular]](https://images.taxscan.in/h-upload/2025/08/14/500x300_2076671-2071443-sebi-mutual-fund-taxscan.webp "SEBI Releases Master Circular for Debenture Trustees: Consolidates Norms on Risk Management, Due Diligence & Security Monitoring [Read Circular]")
SRA could not be saddled with any claim that was not part of Resolution Plan: NCLAT Dismisses Appeal of EPFO [Read Order]
In a recent case, the New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) dismissed the appeal of the Employees Provident Fund Organisation (EPFO), holding that the Successful...
![SRA could not be saddled with any claim that was not part of Resolution Plan: NCLAT Dismisses Appeal of EPFO [Read Order]](https://images.taxscan.in/h-upload/2025/08/14/500x300_2076587-epfo-taxscan.webp "SRA could not be saddled with any claim that was not part of Resolution Plan: NCLAT Dismisses Appeal of EPFO [Read Order]")
Corporate Guarantee Invoked Not Protected u/s.10A IBC After Stipulated Period: NCLAT Dismisses Appeal in ₹104 Cr HDFC Bank Loan Dispute [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) at New Delhi recently dismissed an appeal, noting that a corporate guarantee invoked outside the stipulated suspension...
![Corporate Guarantee Invoked Not Protected u/s.10A IBC After Stipulated Period: NCLAT Dismisses Appeal in ₹104 Cr HDFC Bank Loan Dispute [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076497-corporate-guarantee-corporate-guarantee-invoked-taxscan.webp "Corporate Guarantee Invoked Not Protected u/s.10A IBC After Stipulated Period: NCLAT Dismisses Appeal in ₹104 Cr HDFC Bank Loan Dispute [Read Order]")
RBI to Introduce Continuous Cheque Clearing with Hourly Settlements from January 2026 [Read Notification]
The Reserve Bank of India (RBI), through its Notification No. RBI/2025-26/73; CO.DPSS.RLPD.No.S536/04-07-001/2025-2026 dated August 13, 2025, has announced a major reform to the Cheque Truncation...
![RBI to Introduce Continuous Cheque Clearing with Hourly Settlements from January 2026 [Read Notification]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076522-rbi-rbi-to-introduce-continuous-cheque-taxscan.webp "RBI to Introduce Continuous Cheque Clearing with Hourly Settlements from January 2026 [Read Notification]")