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NCLAT New Delhi

CIRP u/s 7 IBC Not Maintainable Where Corporate Guarantee Is Capped Below ₹1 Cr: NCLAT [Read Order]

In a recent decision, the Principal Bench of the National Company Law Appellate Tribunal (NCLAT), New Delhi held that the initiation of Corporate...

CIRP Petition Not Barred u/s 10A For Defaults arising Post-COVID Period: NCLAT Revives ₹2.36 Crore...

Common IP Address, EMD Payments & Call Records Establish Cartelisation: NCLAT Upholds ₹10 Lakh...

Provident Fund Claims Raised During Moratorium Unsustainable: NCLAT Rejects EPFO’s Appeal [Read...

Liquidator Can Evict Subsidiaries Occupying Corporate Debtor’s Assets: NCLAT Dismisses Appeal u/s...

NCLAT Rejects Contempt Plea citing Two-Year Delay, Liquidation Proceedings Remain Ongoing [Read Order]

In a recent ruling The National Company Law Appellate Tribunal (NCLAT), New Delhi, has dismissed a contempt plea citing the two-year gap since the alleged newspaper publications and noting...

NCLAT Dismisses Plea to Revive CIRP After Corporate Debtor Clears Part IV Dues [Read Order]

The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has dismissed appeals filed by operational creditors challenging the rejection of restoration applications on ...

Pending Challenge to CoC Constitution Not a Bar on RP Appointment u/s 27: NCLAT [Read Order]

The National Company Law Appellate Tribunal (NCLAT) Principal Bench at New Delhi, has held that a pending challenge to the constitution of the Committee of Creditors cannot invalidate the...

S. 9(2) of CST Act Creates no Statutory Charge: NCLAT Dismisses State Tax Officer Appeals, Rules CST Dues as Unsecured Debt [Read Order]

The National Company Law Appellate Tribunal (NCLAT) principal bench, New Delhi has ruled that section 9(2) of the Central Sales Tax Act, 1956 (CST Act) do not create any statutory charge over the ...

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...

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...

Contractual Cure Periods Do Not Shift the Date of Default for Section 10A Purposes: NCLAT [Read Order]

The National Company Law Appellate Tribunal (NCLAT) Principal Bench at New Delhi, has upheld the admission of a Section 7 application under the Insolvency and Bankruptcy Code, 2016, holding that a ...