![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]")
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...
![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]](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]](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]](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]")
ICSI Opens Registration for 3rd National Women’s Conference to be held in Indore: CA, CS, CMAs Welcomed
The Institute of Company Secretaries of India (ICSI) has opened registrations for the 3rd National Women’s Conference, scheduled to take place in Indore. The conference, which shall be held on the...
Outgoing Liquidator Entitled to Minimum Fee of Rs. 2 Lakh as Per IBBI Regulations: NCLT [Read Order]
The National Company Law Tribunal (NCLT), Kochi bench has held that if the liquidator is replaced, he is entitled to a minimum fee of Rs. 2 lakh as per Schedule II of the IBBI (Insolvency Resolution...
![Outgoing Liquidator Entitled to Minimum Fee of Rs. 2 Lakh as Per IBBI Regulations: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Liquidator-fee-NCLT-ruling-IBBI-regulations-taxscan.jpg "Outgoing Liquidator Entitled to Minimum Fee of Rs. 2 Lakh as Per IBBI Regulations: NCLT [Read Order]")
Demand Notice Delivered to Last Known Address of Personal Guarantor is Valid Service u/s 95(4) of IBC: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that, for the purposes of Section 95(4) of the Insolvency and Bankruptcy Code, 2016 (Code), delivering a demand...
![Demand Notice Delivered to Last Known Address of Personal Guarantor is Valid Service u/s 95(4) of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/NCLAT-NCLAT-New-Delhi-Demand-Notice-Section-954-of-IBC-Taxscan.jpg "Demand Notice Delivered to Last Known Address of Personal Guarantor is Valid Service u/s 95(4) of IBC: NCLAT [Read Order]")
Application u/s 9 of IBC Cannot be Admitted When Debt is Discharged by Corporate Debtor: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of has held that Insolvency proceedings under Section 9 of the Insolvency and Bankruptcy Code, 2016 (Code) cannot be initiated if...
![Application u/s 9 of IBC Cannot be Admitted When Debt is Discharged by Corporate Debtor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/IBC-Section-9-NCLAT-ruling-Corporate-debtor-taxscan.jpg "Application u/s 9 of IBC Cannot be Admitted When Debt is Discharged by Corporate Debtor: NCLAT [Read Order]")
![Moratorium under IBC should not be misused to prevent Public Welfare Projects: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/NCLT-NCLT-Mumbai-Public-Welfare-Project-NCLT-on-IBC-moratorium-misuse-TAXSCAN.jpg "Moratorium under IBC should not be misused to prevent Public Welfare Projects: NCLT [Read Order]")
![CBDT releases Supplementary FAQs on the Finance Bill, 2025 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/03/CBDT-CBDT-releases-Supplementary-FAQs-Supplementary-FAQs-Supplementary-FAQs-on-the-Finance-Bill-Finance-Bill-taxscan.jpg "CBDT releases Supplementary FAQs on the Finance Bill, 2025 [Read Notification]")