![Disputes Arise out of Employment Contract Cannot be Adjudicated by NCLT/NCLAT under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Disputes-Arise-Employment-Contract-Disputes-Arise-out-of-Employment-Contract-taxscan.jpg "Disputes Arise out of Employment Contract Cannot be Adjudicated by NCLT/NCLAT under IBC: NCLAT [Read Order]")
Disputes Arise out of Employment Contract Cannot be Adjudicated by NCLT/NCLAT under IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that a dispute arising from an employment contract concerning the determination of...
![Default in the appointment of the whole-time company secretary: MCA imposes 8.92 lakhs on Private Limited Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/MCA-imposes-taxscan.jpg "Default in the appointment of the whole-time company secretary: MCA imposes 8.92 lakhs on Private Limited Company [Read Order]")
![Liberty Granted to File Fresh Application does not Permit Alteration of Default Date in Application u/s 7 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-Section-7-of-IBC-NCLAT-on-Alteration-of-Default-Date-TAXSCAN.jpg "Liberty Granted to File Fresh Application does not Permit Alteration of Default Date in Application u/s 7 of IBC: NCLAT [Read Order]")
Resolution Professional can only File Application for Avoidance of Preferential Transactions u/s 43 of IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) in New Delhi ruled that, in accordance with Section 43 of the Insolvency and Bankruptcy Code, 2016 (Code), only the Resolution Professional may...
![Resolution Professional can only File Application for Avoidance of Preferential Transactions u/s 43 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/IBC-professional-Taxscan.jpg "Resolution Professional can only File Application for Avoidance of Preferential Transactions u/s 43 of IBC: NCLAT [Read Order]")
Adjudicating Authority cannot Reject Plan Based on Valuation Report When No Objections were Raised by Stakeholders: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi has held that when no objection to the valuation conducted of the Corporate Debtor was raised by any stakeholders, it was not open for...
![Adjudicating Authority cannot Reject Plan Based on Valuation Report When No Objections were Raised by Stakeholders: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Adjudicating-Authority-Reject-Plan-Based-on-Valuation-Report-Valuation-Report-taxscan.jpg "Adjudicating Authority cannot Reject Plan Based on Valuation Report When No Objections were Raised by Stakeholders: NCLAT [Read Order]")
NCLT Can Exercise Inherent Powers to Forward a Copy of its Order for Necessary Action: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench stated that the NCLT may, in the exercise of its inherent jurisdiction under Rule 11 of the NCLT Rules, 2016, direct that a copy of...
![NCLT Can Exercise Inherent Powers to Forward a Copy of its Order for Necessary Action: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Resolution-Professional-NCLT-Committee-of-Creditors-NCLAT-taxscan.jpg "NCLT Can Exercise Inherent Powers to Forward a Copy of its Order for Necessary Action: NCLAT [Read Order]")
Interim Resolution Professional Can Take Possession of Assets Owned by Corporate Debtor: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that the Interim Resolution Professional (IRP) is well within his authority under Section 18(1)(f) of the...
![Interim Resolution Professional Can Take Possession of Assets Owned by Corporate Debtor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Interim-Resolution-Professional-Interim-Resolution-Corporate-Debtor-taxscan.jpg "Interim Resolution Professional Can Take Possession of Assets Owned by Corporate Debtor: NCLAT [Read Order]")
Gratuity With Interest falls within definition of Operational Debt u/s 5(21) of IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal's (NCLAT) New Delhi bench has ruled that a claim for interest and gratuity fall under the definition of operational debt under section 5(21) of Insolvency...
![Gratuity With Interest falls within definition of Operational Debt u/s 5(21) of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/gratuity-site-img.jpg "Gratuity With Interest falls within definition of Operational Debt u/s 5(21) of IBC: NCLAT [Read Order]")