![NCLAT allows Liquidator to remove Auctioned Assets, rejects Reliance Realtys Ownership Claims and Obstruction of Sale Process [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102710-reliance-nclat-allows-liquidator-ownership-claims-taxscan.webp "NCLAT allows Liquidator to remove Auctioned Assets, rejects Reliance Realtys Ownership Claims and Obstruction of Sale Process [Read Order]")
NCLAT allows Liquidator to remove Auctioned Assets, rejects Reliance Realty's Ownership Claims and Obstruction of Sale Process [Read Order]
In a recent ruling, the National Company Law Appellate Tribunal (NCLAT), Principal Bench, dismissed an appeal by Reliance Realty Limited, upholding...
![NCLAT Upholds Denial of Access to Rejected Valuation Reports, Affirms Distinction Between CoC Members and Participants [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102703-nclat-valuation-reports-coc-members-and-participants-coc-members-taxscan.webp "NCLAT Upholds Denial of Access to Rejected Valuation Reports, Affirms Distinction Between CoC Members and Participants [Read Order]")
![Partial Loan Disbursement Not a Valid Ground to Reject Insolvency Plea: NCLAT Upholds Axis Bank’s Section 7 Admission [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102690-partial-loan-insolvency-plea-nclat-axis-banks-partial-loan-disbursement-taxscan.webp "Partial Loan Disbursement Not a Valid Ground to Reject Insolvency Plea: NCLAT Upholds Axis Bank’s Section 7 Admission [Read Order]")
![NCLAT Stays CCI’s Five-Year Ban on WhatsApp–Meta Data Use for Ads, Orders Partial Penalty Deposit [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102670-whataapp-meta-taxscan.webp "NCLAT Stays CCI’s Five-Year Ban on WhatsApp–Meta Data Use for Ads, Orders Partial Penalty Deposit [Read Order]")
![NCLT Waives One-Tenth Shareholding Mandate, Allows Former ICEX Promoters to Maintain Oppression & Mismanagement Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/250x150_2102526-nclt-ahmedabad-icex-promoters-nclt-waives-taxscan.webp "NCLT Waives One-Tenth Shareholding Mandate, Allows Former ICEX Promoters to Maintain Oppression & Mismanagement Case [Read Order]")
NCLT Admits IDBI Bank's Petition, initiates CIRP against Wind World Infrastructure for Default of over ₹55 Crore [Read Order]
The National Company Law Tribunal (NCLT), held that the petition filed by IDBI Bank was within the period of limitation, as the Corporate Debtor had acknowledged the debt in its audited balance...
![NCLT Admits IDBI Banks Petition, initiates CIRP against Wind World Infrastructure for Default of over ₹55 Crore [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102496-nclt-idbi-bank-cirp-world-infrastructure-nclt-admits-idbi-banks-petition-taxscan.webp "NCLT Admits IDBI Banks Petition, initiates CIRP against Wind World Infrastructure for Default of over ₹55 Crore [Read Order]")
Partial Loan Disbursement Not a Valid Ground to Reject Insolvency Plea: NCLAT Upholds Axis Bank’s Section 7 Admission [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) upheld the Adjudicating Authority’s decision admitting Axis Bank’s Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC), application ...
![Partial Loan Disbursement Not a Valid Ground to Reject Insolvency Plea: NCLAT Upholds Axis Bank’s Section 7 Admission [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102523-partial-loan-reject-insolvency-plea-nclat-axis-bank-taxscan.webp "Partial Loan Disbursement Not a Valid Ground to Reject Insolvency Plea: NCLAT Upholds Axis Bank’s Section 7 Admission [Read Order]")
![CBIC Updates Transhipment Rules for Cargo to Nepal under ECTS Regulations [Read Notification]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102524-cbic-transhipment-rules-cargo-to-nepal-ects-regulations-taxscan.webp "CBIC Updates Transhipment Rules for Cargo to Nepal under ECTS Regulations [Read Notification]")
Benefit under BIFR Scheme cannot be Claimed after Approval of Resolution Plan under IBC: NCLAT rules in favour of Axis Bank Ltd [Read Order]
In a ruling which favours Axis Bank Ltd, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that benefit under the Board for Industrial & Financial ...
![Benefit under BIFR Scheme cannot be Claimed after Approval of Resolution Plan under IBC: NCLAT rules in favour of Axis Bank Ltd [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102454-benefit-bifr-scheme-approval-of-resolution-plan-under-ibc-nclat-axis-bank-ltd-taxscan.webp "Benefit under BIFR Scheme cannot be Claimed after Approval of Resolution Plan under IBC: NCLAT rules in favour of Axis Bank Ltd [Read Order]")
Supreme Court Puts NCLAT's Approval on Hold to Decide on Co-op Society's Role Under IBC [Read Order]
The Supreme Court has sought clarification from the Central Registrar of Multi State Cooperative Societies in a matter involving M/S. Nirmal Ujjwal Credit Co-operative Society Ltd.'s appeal against...
![Supreme Court Puts NCLATs Approval on Hold to Decide on Co-op Societys Role Under IBC [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102389-supreme-court-taxscan.webp "Supreme Court Puts NCLATs Approval on Hold to Decide on Co-op Societys Role Under IBC [Read Order]")
Preference Shareholders Not Financial Creditors Under IBC: Supreme Court Upholds NCLAT Verdict in EPC Constructions [Read Order]
The Supreme Court has dismissed the appeal filed by EPC Constructions India Limited through its Liquidator by upholding the National Company Law Appellate Tribunal (NCLAT) and National Company Law ...
![Preference Shareholders Not Financial Creditors Under IBC: Supreme Court Upholds NCLAT Verdict in EPC Constructions [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102379-shareholders-ibc-sc-taxscan.webp "Preference Shareholders Not Financial Creditors Under IBC: Supreme Court Upholds NCLAT Verdict in EPC Constructions [Read Order]")
NCLT Admits S. 9 Application, Initiates CIRP Against Tirumalla Agro Industries for ₹1.11 Crore Default [Read Order]
The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted a Section 9 application filed by an Operational Creditor, thereby initiating the Corporate Insolvency Resolution Process (CIRP) ...
![NCLT Admits S. 9 Application, Initiates CIRP Against Tirumalla Agro Industries for ₹1.11 Crore Default [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102315-nclt-cirp-cirp-against-tirumalla-agro-industries-tirumalla-agro-industries-taxscan-.webp "NCLT Admits S. 9 Application, Initiates CIRP Against Tirumalla Agro Industries for ₹1.11 Crore Default [Read Order]")