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NCLAT New Delhi

Termination of Concession Agreement does not Discharge Corporate Debtor's Obligation to Repay: NCLAT [Read Order]

Yogitha S Yogesh

In a recent case, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that termination of a Concession Agreement ...

NCLAT Allows IDBI Trusteeship to Initiate CIRP as there is Valid Authorization from Assignee of Debt...

Petition u/s 7 of IBC cannot be barred merely because of pending consideration of OTS before...

Limitation Period can be reset When Pleadings regarding Part Payments supported by Written...

Vacating Process of Land Delayed due to Monsoon Season being a hindrance to remove Glass Items:...

Application u/s 9 of IBC against Appointment of IRP: NCLAT remands Matter for Reconsideration [Read Order]

The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) remanded the application filed under section 9 of the Insolvency Bankruptcy Code (IBC) for the resolution of its debt...

EPFO’s claim based on Inspection During CIRP is Not enforceable: NCLAT [Read Order]

In a recent case, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that the claims of the EPFO based on inspection conducted subsequent to initiation of the...

NCLAT allows 45 days extension to complete CIRP as a Final Extension [Read Order]

The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) allowed a 45 days extension to complete the Corporate Insolvency Resolution Process (CIRP). The extension was to receive...

Application u/s 95 of IBC Filed after Expiry of 3 years Barred by Limitation: NCLAT Dismisses Appeal of IDBI Bank [Read Order]

The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) held that application under section 95 of the Insolvency and Bankruptcy Code (IBC), 2016, filed after the expiry of 3 years...

Liquidation under IBC can be ordered in Absence of Pending CIRP: NCLAT [Read Order]

The National Company Law Tribunal (NCLT) New Delhi Bench has held that liquidation under the Insolvency Bankruptcy Code (IBC), 2016 can be ordered in the absence of a Pending Corporate Insolvency...

Plan Invocation cannot be directed after CoC agrees to release personal guarantees upon Payment: NCLAT [Read Order]

The New Delhi bench of the National Company Law Appellate Tribunal(NCLAT) has held that if CoC has itself agreed to release the personal guarantees upon completion of payment under the Resolution ...

SRA could not be saddled with any claim that was not part of Resolution Plan: NCLAT Dismisses Appeal of EPFO [Read Order]

In a recent case, the New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) dismissed the appeal of the Employees Provident Fund Organisation (EPFO), holding that the Successful...