![NCLAT upholds ₹36.53 Crore Liability against Former Directors in Fraudulent Trading Case [Read Order]](https://images.taxscan.in/h-upload/2025/12/07/500x300_2110721-nclat-upholds-liability-former-directors-fraudulent-trading-case.webp "NCLAT upholds ₹36.53 Crore Liability against Former Directors in Fraudulent Trading Case [Read Order]")
NCLAT upholds ₹36.53 Crore Liability against Former Directors in Fraudulent Trading Case [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has dismissed an appeal filed by former directors of Chamber...
![Forgery Allegations on Subsequent Guarantees Cannot Discharge an Earlier Continuing Guarantee: NCLAT Upholds SBI’s Section 95 Petition [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/250x150_2108733-forgery-allegations-subsequent-discharge-guarantee-nclat-upholds-sbi-taxscan.webp "Forgery Allegations on Subsequent Guarantees Cannot Discharge an Earlier Continuing Guarantee: NCLAT Upholds SBI’s Section 95 Petition [Read Order]")
![Contractor accepting Flats as Payment Cannot be Reclassified as a Financial Creditor: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/250x150_2108811-flat-contracting-taxscan.jfif "Contractor accepting Flats as Payment Cannot be Reclassified as a Financial Creditor: NCLT [Read Order]")
![SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order]](https://images.taxscan.in/h-upload/2025/12/01/250x150_2109238-sarfaesi-deemed-valid-invocation-nclt-insolvency-personal-guarantor-taxscan.webp "SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order]")
![Supreme Court upholds Partial Recovery through IBC Liquidation by Sriram City Union Finance, directs to pay 24% Interest on Loans [Read Order]](https://images.taxscan.in/h-upload/2025/12/04/250x150_2110171-supreme-court-ibc-liquidation-sriram-city-union-finance-interest-loans-taxscan.webp "Supreme Court upholds Partial Recovery through IBC Liquidation by Sriram City Union Finance, directs to pay 24% Interest on Loans [Read Order]")
Redevelopment Rights Not 'Assets' Under IBC if Agreement Lawfully Terminated Before Insolvency: SC [Read Order]
The Supreme Court has dismissed an appeal filed by a developer, which is undergoing corporate insolvency resolution, challenging a Bombay High Court order that permitted a housing society to appoint...
![Redevelopment Rights Not Assets Under IBC if Agreement Lawfully Terminated Before Insolvency: SC [Read Order]](https://images.taxscan.in/h-upload/2025/12/01/500x300_2109264-ibc-supreme-court-taxscan.jfif "Redevelopment Rights Not Assets Under IBC if Agreement Lawfully Terminated Before Insolvency: SC [Read Order]")
NCLAT Invokes S. 231 to Oversee Corporate Debtor Revival, Grants Final 60‑Day Extension for Arrangement Scheme Implementation [Read Order]
In a significant ruling, the National Company Law Appellate Tribunal (NCLAT), Chennai, has invoked its supervisory power of Tribunal under section 231 and granted a final 60-day extension to...
![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/2025/11/27/500x300_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]")
![IBC Trumps Income Tax Law: Bombay HC Upholds Extinguishment of Pre-Resolution Claims [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108518-high-court-ibc-tax-demands-resolution-plan-taxscan.webp "IBC Trumps Income Tax Law: Bombay HC Upholds Extinguishment of Pre-Resolution Claims [Read Order]")
![NCLAT Dismisses Section 9 Application for Non-Service of Demand Notice u/s 8 [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/500x300_2106858-nclat-ruling-corporate-debtor-taxscan.webp "NCLAT Dismisses Section 9 Application for Non-Service of Demand Notice u/s 8 [Read Order]")
NCLAT Holds IBC S.9 Claim Time-Barred, Rejects Interest Addition to Cross ₹1 Cr Threshold u/s 4 [Read Order]
In a significant ruling, the National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has quashed the admission of an insolvency application filed under Section 9 of the Insolvency...
![NCLAT Holds IBC S.9 Claim Time-Barred, Rejects Interest Addition to Cross ₹1 Cr Threshold u/s 4 [Read Order]](https://images.taxscan.in/h-upload/2025/11/18/500x300_2106389-nclat-new-delhi.webp "NCLAT Holds IBC S.9 Claim Time-Barred, Rejects Interest Addition to Cross ₹1 Cr Threshold u/s 4 [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]")