![Absence of Sanction Letter as per RBI Guideline Does Not Invalidate Financial Debt, NCLAT Sets Aside NCLT Order Against NBFC [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/500x300_2112302-absence-sanction-letter-rbi-guideline-invalidate-financial-debt-nclat-nclt-order-against-nbfc-taxscan.webp "Absence of Sanction Letter as per RBI Guideline Does Not Invalidate Financial Debt, NCLAT Sets Aside NCLT Order Against NBFC [Read Order]")
Absence of Sanction Letter as per RBI Guideline Does Not Invalidate Financial Debt, NCLAT Sets Aside NCLT Order Against NBFC [Read Order]
In a ruling that clarifies the interplay between RBI guidelines and the Insolvency andBankruptcy Code (IBC), the National Company Law Appellate...
![NCLAT affirms NCLTs Power to Declare Fraudulent Transactions Void [Read Order]](https://images.taxscan.in/h-upload/2025/12/09/250x150_2111085-nclat-nclt-fraudulant-transactions-void-taxscan.webp "NCLAT affirms NCLTs Power to Declare Fraudulent Transactions Void [Read Order]")
![Pre-IBC GST Dues Stand Extinguished After Final NCLT Approval of Resolution Plan: Delhi HC in Patanjali Foods Case [Read Order]](https://images.taxscan.in/h-upload/2025/12/16/250x150_2112589-patanjali-site-image.webp "Pre-IBC GST Dues Stand Extinguished After Final NCLT Approval of Resolution Plan: Delhi HC in Patanjali Foods Case [Read Order]")
![ICICI Banks Status as Secured Creditor Upheld: NCLAT Sets Aside NCLT Order Directing Release of Fixed Deposit Collateral [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/250x150_2112276-icici-bank-status-secured-creditor-nclat-nclt-order-directing-release-fixed-deposit-collateral-taxscan.webp "ICICI Banks Status as Secured Creditor Upheld: NCLAT Sets Aside NCLT Order Directing Release of Fixed Deposit Collateral [Read Order]")
![Requirements u/r 25 & 26 of Mediation Rules Satisfied: NCLAT Holds Settlement Agreement Valid [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/500x300_2112277-nclat-new-delhi-requirements-mediation-rules-settlement-agreement-taxscan.webp "Requirements u/r 25 & 26 of Mediation Rules Satisfied: NCLAT Holds Settlement Agreement Valid [Read Order]")
Post‑Dated Cheques Amount to Acknowledgement of Unpaid Financial Debt: NCLAT Sets Aside NCLT Order Against NBFC [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has overturned the Kolkata Bench of the National Company Law Tribunal (NCLT),The NCLAT held that post‑dated cheques...
![Post‑Dated Cheques Amount to Acknowledgement of Unpaid Financial Debt: NCLAT Sets Aside NCLT Order Against NBFC [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/500x300_2112283-post-dated-cheques-amount-acknowledgement-unpaid-financial-debt-nclat-nclt-order-against-nbfc-taxscan.webp "Post‑Dated Cheques Amount to Acknowledgement of Unpaid Financial Debt: NCLAT Sets Aside NCLT Order Against NBFC [Read Order]")
Interlocutory Orders Merge with Final Dismissal, Cannot Be Used Independently: NCLAT Bars Extraction of Stray Findings from Dismissed Company Petition [Read Order]
The Chennai Bench of National Company Law Appellate Tribunal (NCLAT) ruled that all interlocutory and docket orders merged with the final dismissal of a company petition and lost their independent...
![Interlocutory Orders Merge with Final Dismissal, Cannot Be Used Independently: NCLAT Bars Extraction of Stray Findings from Dismissed Company Petition [Read Order]](https://images.taxscan.in/h-upload/2025/12/13/500x300_2111927-interlocutory-orders-merge-final-dismissal-cannot-used-independently-nclat-bars-extraction-stray-findings-dismissed-company-petition-taxscan.webp "Interlocutory Orders Merge with Final Dismissal, Cannot Be Used Independently: NCLAT Bars Extraction of Stray Findings from Dismissed Company Petition [Read Order]")
S.19 of Contempt of Courts Act Limited to Punishment Orders: NCLAT Rejects Appeal Against Dismissal of Contempt [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has ruled that appeals against dismissal of contempt petitions are not maintainable under Section 19 of the Contempt of Courts...
![S.19 of Contempt of Courts Act Limited to Punishment Orders: NCLAT Rejects Appeal Against Dismissal of Contempt [Read Order]](https://images.taxscan.in/h-upload/2025/12/06/500x300_2110603-nclat-rejects-appeal-taxscan.jfif "S.19 of Contempt of Courts Act Limited to Punishment Orders: NCLAT Rejects Appeal Against Dismissal of Contempt [Read Order]")
Recall Application u/r 11 Cannot be Utilised as Camouflage to Seek Review of an Order Decided on Merits: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) Chennai bench has ruled that recall applications filed under Rule 11 of the NCLT Rules, 2016, cannot be misused as a disguise to seek review of...
![Recall Application u/r 11 Cannot be Utilised as Camouflage to Seek Review of an Order Decided on Merits: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/08/500x300_2110913-recall-application-camouflage-review-order-merits-nclat-taxscan.webp "Recall Application u/r 11 Cannot be Utilised as Camouflage to Seek Review of an Order Decided on Merits: NCLAT [Read Order]")
![NCLAT Distinguishes Fraudulent Trading from Wrongful Trading Provisions [Read Order]](https://images.taxscan.in/h-upload/2025/12/09/500x300_2111093-nclat-distinguishes-fraudulent-trading-wrongful-trading-provisions-taxscan.webp "NCLAT Distinguishes Fraudulent Trading from Wrongful Trading Provisions [Read Order]")
Form‑B Contemplates Mutual Dealings: NCLAT Admits CNH Industrial’s ₹3.40 Cr Net Claim After Set‑off but Confirms Nil Payout in CIRP [Read Order]
The National Company Law Appellate Tribunal (NCLAT), principal bench, New Delhi, in a recent case, has clarified that Form B under the CIRP Regulations permits disclosure of mutual dealings and...
![Form‑B Contemplates Mutual Dealings: NCLAT Admits CNH Industrial’s ₹3.40 Cr Net Claim After Set‑off but Confirms Nil Payout in CIRP [Read Order]](https://images.taxscan.in/h-upload/2025/12/08/500x300_2110902-nclat-admits-cnh-industrials-taxscan.jfif "Form‑B Contemplates Mutual Dealings: NCLAT Admits CNH Industrial’s ₹3.40 Cr Net Claim After Set‑off but Confirms Nil Payout in CIRP [Read Order]")