![₹28.5 Lakh Fraudulent Trading Liability on Suspended Directors u/s 66 IBC Set Aside: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/03/500x300_2123563-285-lakh-fraudulent-trading-liability-suspended-taxscan.webp "₹28.5 Lakh Fraudulent Trading Liability on Suspended Directors u/s 66 IBC Set Aside: NCLAT [Read Order]")
₹28.5 Lakh Fraudulent Trading Liability on Suspended Directors u/s 66 IBC Set Aside: NCLAT [Read Order]
In a recent ruling, the National Company Law Appellate Tribunal (NCLAT ), Delhi, set aside an order passed by the National Company Law Tribunal...
![S10A and S14 of IBC Do Not Bar Insolvency Proceedings against Personal Guarantors: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/16/250x150_2120100-whatsapp-image-2026-01-16-at-42022-pm.webp "S10A and S14 of IBC Do Not Bar Insolvency Proceedings against Personal Guarantors: NCLAT [Read Order]")
![Delay Beyond 30‑Day Limit Not Justified by Counsel’s Inaction: NCLT Dismisses Restoration Application [Read Order]](https://images.taxscan.in/h-upload/2026/01/15/250x150_2119928-delay-beyond-30day-limit-not-justified-by-counsels-inaction-taxscan.webp "Delay Beyond 30‑Day Limit Not Justified by Counsel’s Inaction: NCLT Dismisses Restoration Application [Read Order]")
![CIRP not a Ground to seek Documents from CBI during Investigation: Delhi HC dismisses accused’s Plea u/s 91 CrPC [Read Order]](https://images.taxscan.in/h-upload/2026/01/17/250x150_2120205-cirp-ground-documents-from-cbi-during-investigation-delhi-hc-dismisses-plea-us-91-crp-taxscan.webp "CIRP not a Ground to seek Documents from CBI during Investigation: Delhi HC dismisses accused’s Plea u/s 91 CrPC [Read Order]")
Workers Not Entitled to Wages for Period Not Worked During CIRP: NCLAT upholds Layoff Notice, Approved Resolution Plan Binding on All Stakeholders [Read Order]
The Principal Bench of National Company Law Appellate Tribunal (NCLAT) at New Delhi, held that workers are entitled to wages during CIRP only if the corporate debtor is a going concern and they...
![Workers Not Entitled to Wages for Period Not Worked During CIRP: NCLAT upholds Layoff Notice, Approved Resolution Plan Binding on All Stakeholders [Read Order]](https://images.taxscan.in/h-upload/2026/01/07/500x300_2117525-nclat-resolution-plan-taxscan.jfif "Workers Not Entitled to Wages for Period Not Worked During CIRP: NCLAT upholds Layoff Notice, Approved Resolution Plan Binding on All Stakeholders [Read Order]")
Pre-March 2020 Default Not Protected by S.10A Despite Contractual Cure Period: NCLAT upholds CIRP Admission [Read Order]
The Principal Bench of National Company Appellate Tribunal (NCLAT) at New Delhi upheld CIRP admission, holding that a contractual cure period did not defer the date of default for Section 10A of...
![Pre-March 2020 Default Not Protected by S.10A Despite Contractual Cure Period: NCLAT upholds CIRP Admission [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/500x300_2117832-nclat-upholds-cirp-admission-taxscan.jfif "Pre-March 2020 Default Not Protected by S.10A Despite Contractual Cure Period: NCLAT upholds CIRP Admission [Read Order]")
![Unregistered ‘Agreement to Sell’ Does Not Bar Asset Transfer in CIRP: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/07/500x300_2117492-unregistered-agreement-sell-bar-asset-transfer-cirp-nclat-taxscan.webp "Unregistered ‘Agreement to Sell’ Does Not Bar Asset Transfer in CIRP: NCLAT [Read Order]")
![Corporate Law Case Digest: Key NCLT Rulings of 2025 [Part 2]](https://images.taxscan.in/h-upload/2026/01/09/500x300_2117990-nclt-case-digest-2025-part-2.webp "Corporate Law Case Digest: Key NCLT Rulings of 2025 [Part 2]")
NCLAT allows Correction Application, Orders Correction of Errors in Previous Order Pertaining to CIRP Status and Pending High Court Litigation [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has allowed an application seeking correction of inadvertent errors in an earlier order passed in an insolvency ...
![NCLAT allows Correction Application, Orders Correction of Errors in Previous Order Pertaining to CIRP Status and Pending High Court Litigation [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116477-nclat-allows-correction-application-orders-correction-errors-previous-order-pertaining-cirp-status-pending-high-court-litigation-taxscan.webp "NCLAT allows Correction Application, Orders Correction of Errors in Previous Order Pertaining to CIRP Status and Pending High Court Litigation [Read Order]")
IBBI Imposes ₹2 Lakh Penalty on Insolvency Professional for Non-Cooperation in Investigation, Flags Serious Irregularities in CIRP [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) has imposed a monetary penalty on insolvency professional after finding that he failed to cooperate with an investigation initiated in connection...
![IBBI Imposes ₹2 Lakh Penalty on Insolvency Professional for Non-Cooperation in Investigation, Flags Serious Irregularities in CIRP [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116476-ibbi-imposes-penalty-insolvency-professional-non-cooperation-investigation-flags-serious-irregularities-cirp-taxscan.webp "IBBI Imposes ₹2 Lakh Penalty on Insolvency Professional for Non-Cooperation in Investigation, Flags Serious Irregularities in CIRP [Read Order]")
