![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]")
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...
![Electricity is Essential Supply, cannot Disconnected during CIRP Period under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Electricity-Essential-Supply-Disconnected-CIRP-Period-IBC-NCLAT-taxscan.jpg "Electricity is Essential Supply, cannot Disconnected during CIRP Period under IBC: NCLAT [Read Order]")
![NCLT Approves ACME Cleantechs Resolution Plan For Reliance Big Private Limited [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ACME.jpg "NCLT Approves ACME Cleantechs Resolution Plan For Reliance Big Private Limited [Read Order]")
![NCLT Empowered to Decide Whether Successful Resolution Applicant is Liable to Pay Pre-CIRP Electricity Dues u/s 60(5) of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-NCLT-Pre-CIRP-IBC-taxscan.jpg "NCLT Empowered to Decide Whether Successful Resolution Applicant is Liable to Pay Pre-CIRP Electricity Dues u/s 60(5) of IBC: NCLAT [Read Order]")
Relief under IBC 60(5) on Liquidator Rejection of Claims Unavailable when Remedy under IBC 42 is not Used: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that relief under section 60(5) of the Insolvency and Bankruptcy Code, 2016 (Code) cannot be claimed against rejection of claims by the...
![Relief under IBC 60(5) on Liquidator Rejection of Claims Unavailable when Remedy under IBC 42 is not Used: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-Insolvency-and-Bankruptcy-Code-IBC-Section-605-of-IBC-TAXSCAN.jpg "Relief under IBC 60(5) on Liquidator Rejection of Claims Unavailable when Remedy under IBC 42 is not Used: NCLAT [Read Order]")
![Lone Homebuyer has no right to Challenge Approval of Resolution Plan: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-NCLAT-New-Delhi-NCLAT-case-on-lone-homebuyer-rights-Taxscan.jpg "Lone Homebuyer has no right to Challenge Approval of Resolution Plan: NCLAT [Read Order]")
Homebuyers can now Take Possession during CIRP: IBBI Introduces Amendments to IRP of Corporate Persons Regulations, 2016
Through Notification No. IBBI/2024-25/GN/REG122, dated 03.02.2025, the Insolvency and Bankruptcy Board of India ( IBBI ) has proposed changes to the IBBI (Insolvency Resolution Process for Corporate...
No Bar on Corporate Debtor from Contesting Application u/s 9 of IBC even in absence of Demand Notice: NCLAT [Read Order]
The National Company Law Appellate Tribunal (“NCLAT”) New Delhi bench has held that the Corporate Debtor cannot be prevented from opposing the application submitted under section 9 of the Insolvency...
![No Bar on Corporate Debtor from Contesting Application u/s 9 of IBC even in absence of Demand Notice: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-NCLAT-New-delhi-Corporate-Debtor-Section-9-of-IBC-TAXSCAN.jpg "No Bar on Corporate Debtor from Contesting Application u/s 9 of IBC even in absence of Demand Notice: NCLAT [Read Order]")
Possession of Machinery Hypothecated Remains to Corporate Debtor in absence of Lease Deed By Third Party: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi has held that if no lease deed is presented that would allow a third party to claim ownership of the machinery, the corporate debtor will...
![Possession of Machinery Hypothecated Remains to Corporate Debtor in absence of Lease Deed By Third Party: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-NCLAT-Delhi-Corporate-Debtor-Taxscan.jpg "Possession of Machinery Hypothecated Remains to Corporate Debtor in absence of Lease Deed By Third Party: NCLAT [Read Order]")
Non-Registration of “Charge” u/s 77 of Companies Act does not remove “Secured Creditor” Under IBC during CIRP: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT), New Delhi held that a creditor may be considered a "Secured Creditor" under section 3(30) of the Insolvency and Bankruptcy Code, 2016 (IBC) by...
![Non-Registration of “Charge” u/s 77 of Companies Act does not remove “Secured Creditor” Under IBC during CIRP: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/WhatsApp-Image-2025-02-20-at-10.40.51-AM.jpeg "Non-Registration of “Charge” u/s 77 of Companies Act does not remove “Secured Creditor” Under IBC during CIRP: NCLAT [Read Order]")