![IBC Proceedings are Not meant for recovery of money with respect to Solvent companies: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078260-nclt-taxscan.webp "IBC Proceedings are Not meant for recovery of money with respect to Solvent companies: NCLT [Read Order]")
IBC Proceedings are Not meant for recovery of money with respect to Solvent companies: NCLT [Read Order]
In a recent case, the New Delhi bench of the National Company Law Tribunal(NCLT) has held that Insolvency Bankruptcy Code Proceedings are not to...
![Provisions of moratorium Not applicable to transactions which might be notified by Central Government: NCLT admits Insolvency Application [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/250x150_2077891-nclt-admits-insolvency-apllication-nclt-insolvency-apllication-taxscan.webp "Provisions of moratorium Not applicable to transactions which might be notified by Central Government: NCLT admits Insolvency Application [Read Order]")
![NCLT cannot Suo Moto Restore Name of Struck-Off Company under Companies Act: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/08/250x150_2074324-nclt-restore-name-struck-company-under-companies-act-nclt-taxscan.webp "NCLT cannot Suo Moto Restore Name of Struck-Off Company under Companies Act: NCLT [Read Order]")
![FD Amounts to Asset of Corporate Debtor: NCLT Allows Custody to RP [Read Order]](https://images.taxscan.in/h-upload/2025/08/08/250x150_2074316-corporate-debtor-nclt-taxscan.webp "FD Amounts to Asset of Corporate Debtor: NCLT Allows Custody to RP [Read Order]")
![CIRP Cannot be Shield to Corporate Applicant to avoid Legally Recoverable Government Obligations: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Application-us-7-of-IBC-Acceptable-as-Exist-of-Financial-Debt-and-Default-NCLT-TAXSCAN.jpg "CIRP Cannot be Shield to Corporate Applicant to avoid Legally Recoverable Government Obligations: NCLT [Read Order]")
DRT Order Setting aside NPA Classification Does not Negate Existence of Financial Debt: NCLT [Read Order]
The New Delhi bench of the National Company Law Tribunal (NCLT) ruled that the existence of financial debt or the occurrence of default—the two main requirements for admitting a Section 7 petition...
![DRT Order Setting aside NPA Classification Does not Negate Existence of Financial Debt: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/DRT-NPA-Classification-NCLT-TAXSCAN.jpg "DRT Order Setting aside NPA Classification Does not Negate Existence of Financial Debt: NCLT [Read Order]")
Claim for liquidated damages require adjudication before Civil Court: NCLT dismisses Actor Akshay Kumar's Insolvency Petition [Read Order]
Recently the National Company Law Tribunal ( NCLT ), New Delhi bench in a recent case has dismissed petition filed by Bollywood actor Akshay Kumar, seeking initiation of insolvency proceedings...
![Claim for liquidated damages require adjudication before Civil Court: NCLT dismisses Actor Akshay Kumars Insolvency Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Claim-for-liquidated-damages-adjudication-Civil-Court-NCLT-Actor-Akshay-Kumars-Insolvency-Petition-taxscan.jpg "Claim for liquidated damages require adjudication before Civil Court: NCLT dismisses Actor Akshay Kumars Insolvency Petition [Read Order]")
No Provision in IBC states on issuance of multiple demand notices prior to filing of petition u/s 9 of IBC: NCLT [Read Order]
The New Delhi bench of the National Company Law Tribunal ( NCLT ) has held that the Insolvency Bankruptcy Code ( IBC ), 2016 does not provide issuance of multiple demand notices before filing of...
Liquidator entitled to Fee u/s 34 of IBC and Regulation 4 of Liquidation Regulations: NCLT [Read Order]
The New Delhi Bench of the National Company Law Tribunal (NCLT) ruled that the liquidator is entitled to fee under Section 34 of the Insolvency and Bankruptcy Code, 2016 (IBC) and Regulation 4 of the...
