Forged Bank Guarantee Scuttles Rescue Plan: NCLT Orders Liquidation of Unitech Transformers [Read Order]
In a recent ruling, the National Company Law Tribunal ( NCLT ), Mumbai Court-II, allowed an application under Section 33(2) of the Insolvency and ...
![NCLT recognizes US-Based Drip Capital Inc. as Financial Creditor, Initiates CIRP Against Sumarrow Impex LLP [Read Order]](https://images.taxscan.in/h-upload/2025/10/17/250x150_2097507-nclt-recognizes-us-based-drip-capital-financial-creditor-initiates-cirp-sumarrow-impex-llp-taxscan.webp "NCLT recognizes US-Based Drip Capital Inc. as Financial Creditor, Initiates CIRP Against Sumarrow Impex LLP [Read Order]")
![Provident Fund Dues Not Part of Liquidating Company’s Estate: Madras HC Allows 255-Day Late Claim by EPFO [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/250x150_2092704-provident-fund-taxscan.webp "Provident Fund Dues Not Part of Liquidating Company’s Estate: Madras HC Allows 255-Day Late Claim by EPFO [Read Order]")
![Challenge against Bombay HC order refusing claim of revenue citing NCLT’s Approval of Resolution Plan: Supreme Court Dismisses Delayed SLP [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/250x150_2092463-bombay-high-court-nclats-taxscan.webp "Challenge against Bombay HC order refusing claim of revenue citing NCLT’s Approval of Resolution Plan: Supreme Court Dismisses Delayed SLP [Read Order]")
![Delhi HC Directs to Transfer Winding-Up Petitions to NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/250x150_2088971-delhi-hc-nclt-taxscan.webp "Delhi HC Directs to Transfer Winding-Up Petitions to NCLT [Read Order]")
NCLT Allows Liquidation Application filed by Ultratech Cement against Corporate Debtor citing 66.29 % of voting approval by CoC [Read Order]
In a recent case, the National Company Law Tribunal Mumbai Bench allowed the liquidation of corporate debtor Jaatvedas Construction Company Private Limited citing the 66.29 % of vote approval by...
![NCLT Allows Liquidation Application filed by Ultratech Cement against Corporate Debtor citing 66.29 % of voting approval by CoC [Read Order]](https://images.taxscan.in/h-upload/2025/09/16/500x300_2087830-nclt-liquidation-application-ultratech-cement-corporate-debtor-voting-approval-coc-taxscan.webp "NCLT Allows Liquidation Application filed by Ultratech Cement against Corporate Debtor citing 66.29 % of voting approval by CoC [Read Order]")
Commercial Tax Dept is Secured Creditor under IBC: Madras HC Directs Auction Purchaser to Recover Purchase Price from CD and Remit for VAT Dues [Read Order]
In an important, the Madras High Court has held that the Commercial Tax Department qualifies as a ‘secured creditor’ under the Insolvency and Bankruptcy Code ( IBC ) where statutory charges are...
![Commercial Tax Dept is Secured Creditor under IBC: Madras HC Directs Auction Purchaser to Recover Purchase Price from CD and Remit for VAT Dues [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2079014-commercial-tax-dept-secured-creditor-ibc-madras-hc-auction-taxscan.webp "Commercial Tax Dept is Secured Creditor under IBC: Madras HC Directs Auction Purchaser to Recover Purchase Price from CD and Remit for VAT Dues [Read Order]")
State Cannot Blacklist a Company After Approval of Resolution Plan: Tripura HC rules New Management Cannot Be Punished for Old Misdeeds [Read Order]
In a recent ruling, the Tripura High Court held that the State cannot blacklist a company after approval of a resolution plan under the Insolvency and Bankruptcy Code, and that the new management ...
![State Cannot Blacklist a Company After Approval of Resolution Plan: Tripura HC rules New Management Cannot Be Punished for Old Misdeeds [Read Order]](https://images.taxscan.in/h-upload/2025/08/16/500x300_2077485-resolution-plan-taxscan.webp "State Cannot Blacklist a Company After Approval of Resolution Plan: Tripura HC rules New Management Cannot Be Punished for Old Misdeeds [Read Order]")
Permitting Repeated Invitation of EOI (Form G) merely on behest of Individual Stakeholder Will Defeat Timeliness under IBC: NCLT [Read Order]
The Chandhigarh bench of the National Company Law Tribunal (NCLT) observed that permitting repeated invitations of Expression of Interest (Form G) merely on the behest of an individual stakeholder...
![Permitting Repeated Invitation of EOI (Form G) merely on behest of Individual Stakeholder Will Defeat Timeliness under IBC: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071932-nclt-taxscan.webp "Permitting Repeated Invitation of EOI (Form G) merely on behest of Individual Stakeholder Will Defeat Timeliness under IBC: NCLT [Read Order]")
S.95 IBC Plea Found Within Limitation Due to Debt Acknowledgment: Supreme Court Upholds NCLAT Ruling [Read Order]
In a recent ruling, the Supreme Court of India, upheld the National Company Law Appellate Tribunal (NCLAT)’s decision holding that a Section 95 Insolvency and Bankruptcy Code (IBC),2016, ...
![S.95 IBC Plea Found Within Limitation Due to Debt Acknowledgment: Supreme Court Upholds NCLAT Ruling [Read Order]](https://images.taxscan.in/h-upload/2025/07/21/500x300_2067018-ibc-nclat-nclat-ruling-taxscan.webp "S.95 IBC Plea Found Within Limitation Due to Debt Acknowledgment: Supreme Court Upholds NCLAT Ruling [Read Order]")
MCA Orders Strike-Off of Company for Failing to File Declaration of Commencement of Business Under Section 10A [Read Order]
The Ministry of Corporate Affairs (MCA) has struck off a company for failing to comply with Section 10A of the Companies Act, 2013, which mandates a declaration of commencement of business. The...
![MCA Orders Strike-Off of Company for Failing to File Declaration of Commencement of Business Under Section 10A [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065686-mca-mca-orders-mca-orders-strike-off-of-company-company-for-failing-to-file-declaration-taxscan.webp "MCA Orders Strike-Off of Company for Failing to File Declaration of Commencement of Business Under Section 10A [Read Order]")
NCLAT Dismisses ED’s Appeal as Time-Barred: Limitation Begins from Date of Order, Not Knowledge [Read Order]
Limitation Begins on Date of Order: NCLAT Dismisses ED’s Appeal as Time-BarredThe National Company Law Appellate Tribunal (NCLAT) has dismissed the Directorate of Enforcement’s (ED) appeal ...
![NCLAT Dismisses ED’s Appeal as Time-Barred: Limitation Begins from Date of Order, Not Knowledge [Read Order]](https://images.taxscan.in/h-upload/2025/07/12/500x300_2063220-nclat-dismisses-eds-appeal-time-barred-limitation-begins-order-knowledge-taxscan.jfif "NCLAT Dismisses ED’s Appeal as Time-Barred: Limitation Begins from Date of Order, Not Knowledge [Read Order]")