![MCA imposes Penalties on Company and Directors for Non-Filing of Financial Statements from FY 2016-17 to FY 2020-21 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLAT-Limitation-Act-Code-application-Insolvency-Bankruptcy-Cod.jpg "MCA imposes Penalties on Company and Directors for Non-Filing of Financial Statements from FY 2016-17 to FY 2020-21 [Read Notification]")
MCA imposes Penalties on Company and Directors for Non-Filing of Financial Statements from FY 2016-17 to FY 2020-21 [Read Notification]
In the adjudication passed by the Ministry of Corporate Affairs (MCA) Registrar of Companies under Section 454 of the Companies Act, 2013, a penalty...
![Penalty of Rs. 4 Lakhs imposed by MCA on Company and 3 Directors due to failure to maintain Registered Office [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/mca2.jpg "Penalty of Rs. 4 Lakhs imposed by MCA on Company and 3 Directors due to failure to maintain Registered Office [Read Order]")
![Application u/s 9 of IBC Based on Arbitral Award Cannot be Admittted After 3 Yrs from Date of Award: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Arbitral-Award-IBC-NCLT-TAXSCAN.jpg "Application u/s 9 of IBC Based on Arbitral Award Cannot be Admittted After 3 Yrs from Date of Award: NCLT [Read Order]")
![MCA Penalizes Company and Directors for Failing to Address Auditor’s Remarks in Board Reports for FY 2017-18 and 2018-19 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Auditors-MCA-Penalizes-MCA-taxscan.jpg "MCA Penalizes Company and Directors for Failing to Address Auditor’s Remarks in Board Reports for FY 2017-18 and 2018-19 [Read Order]")
![No Bail in Corporate Fraud u/s 447 of Companies Act Without Satisfying Two Key Conditions: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/04/corporate-fraud.jpg "No Bail in Corporate Fraud u/s 447 of Companies Act Without Satisfying Two Key Conditions: Supreme Court [Read Judgement]")
MCA Imposes Penalty on Company and Directors for Non-Compliance with S.118(10) of Companies Act [Read Order]
In the adjudication passed by the Ministry of Corporate Affairs (MCA) Registrar of Companies under Section 454 of the Companies Act, 2013, a penalty was imposed on the company and its 3 directors for...
![MCA Imposes Penalty on Company and Directors for Non-Compliance with S.118(10) of Companies Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/MCA-penalty.jpg "MCA Imposes Penalty on Company and Directors for Non-Compliance with S.118(10) of Companies Act [Read Order]")
Non-Filing of Balance Sheet for 3 Consecutive Years: MCA imposes Penalty on Company and Directors [Read Order]
In the adjudication passed by the Ministry of Corporate Affairs (MCA) Registrar of Companies under Section 454 of the Companies Act, 2013, a penalty was imposed on the company and its 4 directors for...
![Non-Filing of Balance Sheet for 3 Consecutive Years: MCA imposes Penalty on Company and Directors [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/MCA-Penalty-on-Company-and-Directors-MCA-penalty-for-non-filing-balance-sheet-TAXSCAN.jpg "Non-Filing of Balance Sheet for 3 Consecutive Years: MCA imposes Penalty on Company and Directors [Read Order]")
Application u/s 9 of IBC cannot be rejected solely on ground of Decree Obtained by Operational Creditor: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi has ruled that an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (Code) cannot be denied based only on the fact...
![Application u/s 9 of IBC cannot be rejected solely on ground of Decree Obtained by Operational Creditor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/IBC-Operational-Creditor-NCLAT-TAXSCAN.jpg "Application u/s 9 of IBC cannot be rejected solely on ground of Decree Obtained by Operational Creditor: NCLAT [Read Order]")
No Bar on CoC’s from Seeking Multiple Modifications or Revisions of Resolution Plans: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench has ruled that the Committee of Creditors (CoC) has the authority to request changes or revisions to the Resolution Plans that the...
![No Bar on CoC’s from Seeking Multiple Modifications or Revisions of Resolution Plans: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/No-Bar-CoC-Seeking-Multiple-Modifications-Revisions-Resolution-Plans-NCLAT.jpg "No Bar on CoC’s from Seeking Multiple Modifications or Revisions of Resolution Plans: NCLAT [Read Order]")
Dissenting Financial Creditors are Entitled to Receive Payments on Pro-Rata Basis of Resolution Plan Value: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) Chennai bench ruled that, instead of receiving the liquidation value, dissident financial creditors should be paid on pro- Rata Basis of the...
![Dissenting Financial Creditors are Entitled to Receive Payments on Pro-Rata Basis of Resolution Plan Value: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLAT-Chennai-Resolution-Plan-Financial-Creditors-taxscan.jpg "Dissenting Financial Creditors are Entitled to Receive Payments on Pro-Rata Basis of Resolution Plan Value: NCLAT [Read Order]")
Relief for Zee Entertainment: NCLAT Dismisses IDBI’s Insolvency Plea Citing S.10A COVID-Time Default Protection [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) ruled that an insolvency application filed by IDBI Bank Limited against Zee Entertainment Enterprises Ltd. (ZEE) was not...
![Relief for Zee Entertainment: NCLAT Dismisses IDBI’s Insolvency Plea Citing S.10A COVID-Time Default Protection [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLAT-Zee-Entertainment-case-NCLAT-New-Delhi-TAXSCAN-1.jpg "Relief for Zee Entertainment: NCLAT Dismisses IDBI’s Insolvency Plea Citing S.10A COVID-Time Default Protection [Read Order]")
Liquidation Order u/s 33 of IBC Cannot be Set Aside Once Successful Auction Purchaser Taken Possession of Property of Corporate Debtor: NCLAT [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has held that once the Successful Auction Purchaser has acquired the corporate debtor's assets as a result of the liquidator's...
![Liquidation Order u/s 33 of IBC Cannot be Set Aside Once Successful Auction Purchaser Taken Possession of Property of Corporate Debtor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Liquidation-Order-IBC-Corporate-Debtor-NCLAT-TAXSCAN.jpg "Liquidation Order u/s 33 of IBC Cannot be Set Aside Once Successful Auction Purchaser Taken Possession of Property of Corporate Debtor: NCLAT [Read Order]")