![Non‑Cooperation with RP and Related‑Party Diversions Prove Intent to Defraud Creditors: NCLAT Upholds S.66 Directions Against Directors [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112868-non-cooperation-rp-related-party-diversions-prove-intent-defraud-creditors-taxscan.webp "Non‑Cooperation with RP and Related‑Party Diversions Prove Intent to Defraud Creditors: NCLAT Upholds S.66 Directions Against Directors [Read Order]")
Non‑Cooperation with RP and Related‑Party Diversions Prove Intent to Defraud Creditors: NCLAT Upholds S.66 Directions Against Directors [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has upheld an NCLT Kolkata order directing the suspended directors of Dagcon ...
![Unexplained ₹10.54 Cr Cash Withdrawals Show Intent to Defraud Under S.66 IBC: NCLAT Upholds NCLT Order Against Directors [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/250x150_2112853-cash-withdrawals-show-intent-defraud-under-nclat-nclt-order-against-directors-taxscan.webp "Unexplained ₹10.54 Cr Cash Withdrawals Show Intent to Defraud Under S.66 IBC: NCLAT Upholds NCLT Order Against Directors [Read Order]")
![Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/250x150_2108364-nclat-new-dehi-nclt-corporate-guarantee-taxscan.webp "Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order]")
![NCLAT Invokes S. 231 to Oversee Corporate Debtor Revival, Grants Final 60‑Day Extension for Arrangement Scheme Implementation [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/250x150_2108360-nclat-invokes-oversee-corporate-debtor-revival-grants-final-extension-arrangement-scheme-implementation-taxscan.webp "NCLAT Invokes S. 231 to Oversee Corporate Debtor Revival, Grants Final 60‑Day Extension for Arrangement Scheme Implementation [Read Order]")
![Past GST Dues Extinguished on Sale of Corporate Debtor as Going Concern: Calcutta HC Quashes ₹4.28 Cr Demand [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/250x150_2108753-corporate-debtor-calcutta-hc-taxscan.jfif "Past GST Dues Extinguished on Sale of Corporate Debtor as Going Concern: Calcutta HC Quashes ₹4.28 Cr Demand [Read Order]")
Fraudulent Diversion of ₹1.20 Cr Corporate Debtor Funds via Unauthorised Accounts Proved: NCLAT Upholds NCLT Order u/s 66 [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Chennai, has upheld an order of the Kochi Bench of the National Company Law Tribunal (NCLT) directing two suspended directors of. to jointly and...
![Fraudulent Diversion of ₹1.20 Cr Corporate Debtor Funds via Unauthorised Accounts Proved: NCLAT Upholds NCLT Order u/s 66 [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/500x300_2106927-corporate-debtor-unauthorised-accounts-nclat-nclt-taxscan.webp "Fraudulent Diversion of ₹1.20 Cr Corporate Debtor Funds via Unauthorised Accounts Proved: NCLAT Upholds NCLT Order u/s 66 [Read Order]")
NCLAT Admits Tremco's Insolvency Plea Against Brite Proofings Over Rs. 18.74 Crore Debt, Initiates CIRP [Read Order]
The National Company Law Appellate Tribunal (Principal Bench, New Delhi) has admitted a Section 9 application filed by Tremco CPG (India) Private Limited against Brite Proofings Private Limited,...
![NCLAT Admits Tremcos Insolvency Plea Against Brite Proofings Over Rs. 18.74 Crore Debt, Initiates CIRP [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107061-nclat-new-delhi-tremco-insolvency-plea-taxscan.webp "NCLAT Admits Tremcos Insolvency Plea Against Brite Proofings Over Rs. 18.74 Crore Debt, Initiates CIRP [Read Order]")
NCLAT Dismisses Union Roadways' Insolvency Appeal, Rejects Section 9 Application Citing Pre-existing Payment Disputes and Uncrystallized Debt [Read Order]
In a ruling upholding the dismissal of a Section 9 application, the National Company Law Appellate Tribunal (Principal Bench, New Delhi) has confirmed that Union Roadways Limited cannot initiate...
![NCLAT Dismisses Union Roadways Insolvency Appeal, Rejects Section 9 Application Citing Pre-existing Payment Disputes and Uncrystallized Debt [Read Order]](https://images.taxscan.in/h-upload/2025/11/19/500x300_2106733-nclat-new-delhi-union-roadways-insolvency-case-taxscan.webp "NCLAT Dismisses Union Roadways Insolvency Appeal, Rejects Section 9 Application Citing Pre-existing Payment Disputes and Uncrystallized Debt [Read Order]")
![NCLAT sets aside Insolvency Proceedings against Mahagun, Remands Matter to NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107117-nclat-insolvency-proceedings-mahagun-nclt-taxscan.webp "NCLAT sets aside Insolvency Proceedings against Mahagun, Remands Matter to NCLT [Read Order]")
Liquidator cannot Conduct Private Sale without Permission of NCLT under Regulation 33(2)(d) of IBBI: NCLAT [Read Order]
While disposing of cross-appeals arising from the liquidation of Corporate Power Limited, the National Company Law Appellate Tribunal (Principal Bench, New Delhi) has set aside a private sale...
![Liquidator cannot Conduct Private Sale without Permission of NCLT under Regulation 33(2)(d) of IBBI: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/10/500x300_2103870-nclat-ibbi-nclat-new-delhi-conduct-private-sale-taxscan.webp "Liquidator cannot Conduct Private Sale without Permission of NCLT under Regulation 33(2)(d) of IBBI: NCLAT [Read Order]")
Supreme Court Backs Byju's, rejects US Lender Glas Trust's Plea against NCLT’s Order on Aakash’s Equity Rights Issue
In a recent ruling, the Supreme Court of India has dismissed appeals filed by US-based lender GLAS Trust Company LLC and the Insolvency Resolution Professional of Byju's, upholding an NCLAT 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 a National Company Law Tribunal (NCLT) order that...
![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]")