![Consideration of SOA is not Alien to Proceeding under IBC: Supreme Court Remarks on Transfer Application [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127692-consideration-of-soa-is-not-alien-to-proceeding-under-ibcjpg.webp "Consideration of SOA is not Alien to Proceeding under IBC: Supreme Court Remarks on Transfer Application [Read Order]")
Consideration of SOA is not Alien to Proceeding under IBC: Supreme Court Remarks on Transfer Application [Read Order]
The Supreme Court of India remarked that consideration of a Scheme of Arrangement (SOA) is not alien to a proceeding under the Insolvency and...
![Simultaneous CIRP Against Principal Borrower & Corporate Guarantor Permissible: Supreme Court Clarifies No Mandatory ‘Election’ of Claims [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127657-simultaneous-cirp-against-principal-borrowerjpg.webp "Simultaneous CIRP Against Principal Borrower & Corporate Guarantor Permissible: Supreme Court Clarifies No Mandatory ‘Election’ of Claims [Read Order]")
![Contractor accepting Flats as Payment Cannot be Reclassified as a Financial Creditor: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/2108811-flat-contracting-taxscan.jfif "Contractor accepting Flats as Payment Cannot be Reclassified as a Financial Creditor: NCLT [Read Order]")
![Financial Debt Default of over Rs. 45 Crores: NCLT Admits SBIs Application and Initiates CIRP Against Giga Pipe Systems [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/2102556-financial-debt-nclt-sbi-cirp-giga-pipe-systems.webp "Financial Debt Default of over Rs. 45 Crores: NCLT Admits SBIs Application and Initiates CIRP Against Giga Pipe Systems [Read Order]")
![NCLT Initiates Insolvency against Labhanshi Multitrade Over Rs. 1.17 Crore Default [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/2101500-ncl-insolvency-taxscan.webp "NCLT Initiates Insolvency against Labhanshi Multitrade Over Rs. 1.17 Crore Default [Read Order]")
![NCLAT sets aside NCLT Order as Appellant Not Heard, remands Settled Insolvency Matter [Read Order]](https://images.taxscan.in/h-upload/2025/10/31/2101239-nclat-mumbai-nclt-order-nclat-sets-aside-taxscan.webp "NCLAT sets aside NCLT Order as Appellant Not Heard, remands Settled Insolvency Matter [Read Order]")
![Company Appeal at Behest of Shareholder not Maintainable: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/2078905-company-appeal-shareholder-maintainabl-nclat-taxscan.webp "Company Appeal at Behest of Shareholder not Maintainable: NCLAT [Read Order]")
NCLT directs Liquidation u/s 33 of IBC in absence of Resolution Plan even after Extending Time Period [Read Order]
The Kolkata bench of the National Company Law Tribunal (NCLT) directed the liquidation under section 33 of Insolvency Bankruptcy Code (IBC), 2016 in absence of Resolution Plan even after extending...
![NCLT directs Liquidation u/s 33 of IBC in absence of Resolution Plan even after Extending Time Period [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/2077888-nclt-nclt-directs-liquidation-section-33-of-ibc-taxscan-.webp "NCLT directs Liquidation u/s 33 of IBC in absence of Resolution Plan even after Extending Time Period [Read Order]")
![DRT Directs to Admit Application filed by Financial Creditor u/s 126 (1) of IBC [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/2077863-drt-drt-directs-to-admit-application-application-filed-by-financial-creditor-taxscan.webp "DRT Directs to Admit Application filed by Financial Creditor u/s 126 (1) of IBC [Read Order]")
Proceedings u/s 7 of IBC not valid when Financial Creditor already Received Pending Amount: NCLAT [Read Order]
In a recent case, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT)has held that proceedings initiated under section 7 of the Insolvency Bankruptcy Code (IBC), 2016 is not...
![Proceedings u/s 7 of IBC not valid when Financial Creditor already Received Pending Amount: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/2071830-proceedings-ibc-financial-creditor-received-pending-amount-nclat-taxscan.webp "Proceedings u/s 7 of IBC not valid when Financial Creditor already Received Pending Amount: NCLAT [Read Order]")
Application for extension of time period for passing an arbitral award u/s 29A(4) read with Section 29A(5) is maintainable even after Expiry of 12 month: Delhi HC
The Delhi High Court observed that an application for extension of the time period for passing an arbitral award under Section 29A(4) read with Section 29A(5) is maintainable even after the expiry...
