![Corporate Debtors Account Payments Post-CIRP Start without IRP Approval is a Moratorium Violation: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Corporate-Debtors-Account-Post-CIRP-Start-IRP-Approval-Moratorium-Violation-NCLT-taxscan.jpg "Corporate Debtors Account Payments Post-CIRP Start without IRP Approval is a Moratorium Violation: NCLT [Read Order]")
Corporate Debtor's Account Payments Post-CIRP Start without IRP Approval is a Moratorium Violation: NCLT [Read Order]
The National Company Law Tribunal, Mumbai bench has held that after the Corporate Insolvency Resolution Process (CIRP) has begun, any payments made...
![NCLT have No Jurisdiction to Direct ED to Defreeze Corporate Debtors Account Frozen under PMLA: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/NCLT-No-Jurisdiction-to-Direct-ED-No-Jurisdiction-Defreeze-Corporate-Debtor-Corporate-Debtor-Frozen-Under-PMLA-PMLA-taxscan.jpg "NCLT have No Jurisdiction to Direct ED to Defreeze Corporate Debtors Account Frozen under PMLA: NCLT [Read Order]")
![Supreme Court Criticizes NCLAT’s Long Order on Delay Condonation Application Despite High Pendency of Cases [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/03/Supreme-Court-NCLAT-Supreme-Court-Criticizes-NCLAT-taxscan.jpg "Supreme Court Criticizes NCLAT’s Long Order on Delay Condonation Application Despite High Pendency of Cases [Read Judgement]")
![Vedanta Demerger in Trouble as NCLT Strikes Down Talwandi Sabo Power’s Scheme over Financial Non-Disclosure [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/NCLT-Vedanta-Demerger-Talwandi-Sabo-Powers-Scheme-taxscan.jpg "Vedanta Demerger in Trouble as NCLT Strikes Down Talwandi Sabo Power’s Scheme over Financial Non-Disclosure [Read Order]")
![Issuance of Demand Notice to Personal Guarantor u/r 7 of Personal Guarantors Rules not Amounts to Invocation of Guarantee: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Issuance-of-Demand-Notice-Demand-Notice-Demand-Notice-to-Personal-Guarantor-Personal-Guarantor-Personal-Guarantors-Rules-NCLAT-taxscan.jpg "Issuance of Demand Notice to Personal Guarantor u/r 7 of Personal Guarantors Rules not Amounts to Invocation of Guarantee: NCLAT [Read Order]")
SARFAESI Proceedings to Recover Loan can be Initiated by Bank if it wasn’t Party to Resolution Plan: Kerala HC [Read Order]
The Kerala High Court ruled that if a bank was not a party to the resolution plan authorized under the Insolvency and Bankruptcy Code, 2016, it may still pursue recovery of unpaid debts under the...
![SARFAESI Proceedings to Recover Loan can be Initiated by Bank if it wasn’t Party to Resolution Plan: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Kerala-High-Court-SARFAESI-Proceedings-SARFAESI-Proceedings-to-Recover-Loan-TAXSCAN.jpg "SARFAESI Proceedings to Recover Loan can be Initiated by Bank if it wasn’t Party to Resolution Plan: Kerala HC [Read Order]")
CBDT cannot Impose Arbitrary Time Limits to Deny Taxpayers’ Refund Rights under Income Tax Act: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that the Central Board of Direct Taxes (CBDT) cannot impose arbitrary time limits to deny taxpayers their right to claim refunds under the Income Tax Act...
![CBDT cannot Impose Arbitrary Time Limits to Deny Taxpayers’ Refund Rights under Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/sun-pharmaceutical.jpg "CBDT cannot Impose Arbitrary Time Limits to Deny Taxpayers’ Refund Rights under Income Tax Act: Delhi HC [Read Order]")
![SEBI issues Circular on Regulatory framework for Specialized Investment Funds [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/03/Specialized-Investment-Funds.jpg "SEBI issues Circular on Regulatory framework for Specialized Investment Funds [Read Circular]")
Application u/s 9 of IBC must not be Entertained when Debt is not Unequivocally Admitted by Corporate Debtor: NCLAT [Read Order]
In a recent case, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that the application under section 9 of the Insolvency and Bankruptcy Code, 2016 (Code)...
![Application u/s 9 of IBC must not be Entertained when Debt is not Unequivocally Admitted by Corporate Debtor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/NCLAT-NCLAT-New-Delhi-IBC-Corporate-debtor-taxscan.jpg "Application u/s 9 of IBC must not be Entertained when Debt is not Unequivocally Admitted by Corporate Debtor: NCLAT [Read Order]")
Rejection of Resolution Plan by Suspended Director cannot be Interfered in Absence of Expression of Interest: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that the rejection of the resolution plan submitted by the suspended director of the corporate debtor by the Committee of Creditors (CoC)...
![Rejection of Resolution Plan by Suspended Director cannot be Interfered in Absence of Expression of Interest: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Resolution-Plan.jpg "Rejection of Resolution Plan by Suspended Director cannot be Interfered in Absence of Expression of Interest: NCLAT [Read Order]")
