![Claim for liquidated damages require adjudication before Civil Court: NCLT dismisses Actor Akshay Kumars Insolvency Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Claim-for-liquidated-damages-adjudication-Civil-Court-NCLT-Actor-Akshay-Kumars-Insolvency-Petition-taxscan.jpg "Claim for liquidated damages require adjudication before Civil Court: NCLT dismisses Actor Akshay Kumars Insolvency Petition [Read Order]")
Claim for liquidated damages require adjudication before Civil Court: NCLT dismisses Actor Akshay Kumar's Insolvency Petition [Read Order]
Recently the National Company Law Tribunal ( NCLT ), New Delhi bench in a recent case has dismissed petition filed by Bollywood actor Akshay Kumar,...
![Moratorium period u/s 101 of IBC cannot be Extended Beyond 180 Days: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Moratorium-period-IBC-Extended-Beyond-180-Days-NCLAT-TAXSCAN.jpg "Moratorium period u/s 101 of IBC cannot be Extended Beyond 180 Days: NCLAT [Read Order]")
![Insolvency Application against Personal Guarantor is Maintainable u/s 60(1) of IBC even in Absence of Pending CIRP against CD: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Insolvency-Application-Personal-Guarantor-IBC-Absence-Pending-CIRP-CD-NCLAT-taxscan.jpg "Insolvency Application against Personal Guarantor is Maintainable u/s 60(1) of IBC even in Absence of Pending CIRP against CD: NCLAT [Read Order]")
![NCLAT Orders Meta to Pay Penalty; Stays Ban on WhatsApps Data-Sharing Policy [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-NCLAT-Orders-Meta-to-Pay-Penalty-Penalty-Ban-on-WhatsApps-WhatsApps-WhatsApps-Data-Sharing-Policy-Data-Sharing-Policy-taxscan.jpg "NCLAT Orders Meta to Pay Penalty; Stays Ban on WhatsApps Data-Sharing Policy [Read Order]")
![Orders Obtained through Fraud may be Recalled by Adjudicating Authority u/r 11 of the NCLT Rules: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-Rule-11-of-NCLT-Orders-Obtained-through-Fraud-NCLAT-on-fraudulent-orders-recall-TAXSCAN.jpg "Orders Obtained through Fraud may be Recalled by Adjudicating Authority u/r 11 of the NCLT Rules: NCLAT [Read Order]")
Commercial Wisdom of CoC in approving Resolution Plan needs no Interference by Adjudicating Authority unless Plan is Violative of section 30(2) of IBC: NCLAT [Read Order]
In a recent case, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that commercial wisdom of the CoC in approving a resolution plan needs no interference by the...
![Commercial Wisdom of CoC in approving Resolution Plan needs no Interference by Adjudicating Authority unless Plan is Violative of section 30(2) of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Commercial-wisdom-CoC-in-approving-resolution-plan-resolution-plan-no-interference-Adjudicating-Authority-unless-Plan-is-violative-IBC-NCLAT-taxscan.jpg "Commercial Wisdom of CoC in approving Resolution Plan needs no Interference by Adjudicating Authority unless Plan is Violative of section 30(2) of IBC: NCLAT [Read Order]")
Application u/s 7 IBC can be Filed to Claim Remaining Amount after Selling Pledged Shares: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) New Delhi bench has held that when the entire liability of the corporate debtor after selling the pledged shares is not discharged, an...
![Application u/s 7 IBC can be Filed to Claim Remaining Amount after Selling Pledged Shares: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Pledged-shares-under-IBC-Insolvency-and-Bankruptcy-Code-NCLAT-on-pledged-shares-Remaining-debt-after-pledged-shares-Claim-balance-amount-IBC-NCLAT-judgment-pledged-shares-T.jpg "Application u/s 7 IBC can be Filed to Claim Remaining Amount after Selling Pledged Shares: NCLAT [Read Order]")
NCLAT uphold Resolution Plan In absence of irregularity in conduct of CIRP Proceedings [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) upheld the resolution plan in absence of irregularity in the conduct of Corporate Insolvency Resolution Proceedings ( CIRP...
![NCLAT uphold Resolution Plan In absence of irregularity in conduct of CIRP Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-Resolution-Plan-CIRP-proceedings-NCLAT-New-Delhi-CIRP-NCLAT-news-NCLAT-updates-taxscan.jpg "NCLAT uphold Resolution Plan In absence of irregularity in conduct of CIRP Proceedings [Read Order]")
Remaining amount of claim show Existence of Default Amount: NCLAT upholds Appointment of RP [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that remaining amount of claim show existence of default amount and upheld the order confirming the appointment of...
![Remaining amount of claim show Existence of Default Amount: NCLAT upholds Appointment of RP [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Remaining-amount-claim-show-Existence-claim-show-Default-Amount-NCLAT-upholds-NCLAT-NCLAT-upholds-Appointment-NCLAT-upholds-Appointment-of-RP-taxscan.jpg "Remaining amount of claim show Existence of Default Amount: NCLAT upholds Appointment of RP [Read Order]")
![Contempt Appeal against Juristic Entity not Maintainable u/s 61 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-IBC-Contempt-Appeal-taxscan.jpg "Contempt Appeal against Juristic Entity not Maintainable u/s 61 of IBC: NCLAT [Read Order]")
Appeal against Proceedings u/s 30 of IBC not survive after Implementation of Resolution Plan: NCLAT [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) observed that since the Resolution Plan has been fully implemented, the cause of action as agitated against the proceedings...
![Appeal against Proceedings u/s 30 of IBC not survive after Implementation of Resolution Plan: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/IBC-NCLAT-Appeal-against-Proceedings-of-IBC-taxscan.jpg "Appeal against Proceedings u/s 30 of IBC not survive after Implementation of Resolution Plan: NCLAT [Read Order]")
Wife & Children’s Maintenance Right Overrides Creditors under SARFAESI/ IBC on Husband's Assets: Supreme Court [Read Judgement]
The Supreme Court observed that right to maintenance is equivalent to a fundamental right and shall have an overriding effect over statutory rights of creditors under Securitization and...
![Wife & Children’s Maintenance Right Overrides Creditors under SARFAESI/ IBC on Husbands Assets: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/12/Supreme-Court-SARFAESI-IBC-Insolvency-and-Bankruptcy-Code-Maintenance-Rights-under-SARFAESI-taxscan.jpeg "Wife & Children’s Maintenance Right Overrides Creditors under SARFAESI/ IBC on Husbands Assets: Supreme Court [Read Judgement]")