![Belated Expression of Interest No Material Irregularity in CIRP: NCLAT Sets Aside NCLT Order, Restores CoC-Approved Resolution Plan [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102860-cirp-nclt-order-nclat-resolution-plan-taxscan.webp "Belated Expression of Interest No Material Irregularity in CIRP: NCLAT Sets Aside NCLT Order, Restores CoC-Approved Resolution Plan [Read Order]")
Belated Expression of Interest No 'Material Irregularity' in CIRP: NCLAT Sets Aside NCLT Order, Restores CoC-Approved Resolution Plan [Read Order]
In a recent ruling clarifying the threshold for “material irregularity” under the Insolvency and Bankruptcy Code (IBC), the National Company Law...
![Resolution Plan Below CoC’s Commercial Expectations: NCLT Approves Liquidation After Failed CIRP [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/250x150_2099512-resolution-plan-coc-commercial-expectations-nclt-cirp-taxscan.webp "Resolution Plan Below CoC’s Commercial Expectations: NCLT Approves Liquidation After Failed CIRP [Read Order]")
![NCLT Barred from Adjudicating on Limitation in S. 95 Applications before Appointment of Resolution Professional: NCLAT allows appeal filed by Canara Bank [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/250x150_2092768-nclt-adjudicating-on-limitation-appointment-of-resolution-taxscan.webp "NCLT Barred from Adjudicating on Limitation in S. 95 Applications before Appointment of Resolution Professional: NCLAT allows appeal filed by Canara Bank [Read Order]")
![NCLT directs Liquidation of JM Feed Pvt Ltd on satisfying conditions u/s 33 of IBC, Appoints Liquidator [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/250x150_2077878-nclt-liquidation-ibc-appoints-liquidator-taxscan.webp "NCLT directs Liquidation of JM Feed Pvt Ltd on satisfying conditions u/s 33 of IBC, Appoints Liquidator [Read Order]")
![SRA could not be saddled with any claim that was not part of Resolution Plan: NCLAT Dismisses Appeal of EPFO [Read Order]](https://images.taxscan.in/h-upload/2025/08/14/250x150_2076587-epfo-taxscan.webp "SRA could not be saddled with any claim that was not part of Resolution Plan: NCLAT Dismisses Appeal of EPFO [Read Order]")
Once Resolution Plan has approved by NCLT Commercial Tax Department cannot create further dues: Allahabad HC [Read Order]
In a recent case, the Allahabad High Court quashed the passed under section 28(2) (ii) of the U.P. VAT Act 2008 and under section 9(4) of the U.P. Tax on Entry of Goods Act 2007 demanding tax,...
![Once Resolution Plan has approved by NCLT Commercial Tax Department cannot create further dues: Allahabad HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2072105-allahabad-high-court-resolution-plan-nclt-taxscan.webp "Once Resolution Plan has approved by NCLT Commercial Tax Department cannot create further dues: Allahabad HC [Read Order]")
Non Cooperation of CocC Members and Suspended Management against Liquidator: NCLT Directs to Cooperate with Liquidator [Read Order]
In af recent case, the National Company Law Tribunal (NCLT) on finding that the IRP has faced resistance from suspended management and the non-cooperation from the members of CoC, and directed the...
![Non Cooperation of CocC Members and Suspended Management against Liquidator: NCLT Directs to Cooperate with Liquidator [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071945-liquidator-nclt-cooperate-taxscan.webp "Non Cooperation of CocC Members and Suspended Management against Liquidator: NCLT Directs to Cooperate with Liquidator [Read Order]")
Failure to Issue Fresh Form G for substantial assets or a new line of business Discovered: IBBI Suspends authorisation of RP
The Insolvency and Bankruptcy Board of India suspended the authorisation of Resolution Professional (RP) for three months on finding the failure to issue fresh Form G for the substantial assets or a...
RTI Act Doesn’t Cover Opinions: IBBI Rejects RTI Appeals Seeking Legal Clarification on CIRP Provisions [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) has dismissed two RTI appeals filed by appellant, who had sought detailed clarifications on provisions of the Insolvency and Bankruptcy Code ...
![RTI Act Doesn’t Cover Opinions: IBBI Rejects RTI Appeals Seeking Legal Clarification on CIRP Provisions [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071559-rti-act-cover-opinions-ibbi-rti-appeals-legal-clarification-cirp-provisions-taxscan.webp "RTI Act Doesn’t Cover Opinions: IBBI Rejects RTI Appeals Seeking Legal Clarification on CIRP Provisions [Read Order]")
IBBI Suspends Insolvency Professional for Overlooking Conflict of Interest in Resolution Plan [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) has ordered the suspension of a registered Insolvency Professional (IP) for a period of one year. The action stems from his conduct during...
![IBBI Suspends Insolvency Professional for Overlooking Conflict of Interest in Resolution Plan [Read Notification]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071466-ibbi-taxscan.webp "IBBI Suspends Insolvency Professional for Overlooking Conflict of Interest in Resolution Plan [Read Notification]")
No Proceedings Allowable on Claims Excluded from Approved Resolution Plan u/s 31(1) of IBC: CESTAT [Read Order]
The Chennai Bench of Customs,Excise and Service Tax Appellate Tribunal ( CESTAT ) held that no proceedings are allowable on claims excluded from an approved Resolution Plan under Section 31(1) of...
![No Proceedings Allowable on Claims Excluded from Approved Resolution Plan u/s 31(1) of IBC: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054177-resolution-plan.webp "No Proceedings Allowable on Claims Excluded from Approved Resolution Plan u/s 31(1) of IBC: CESTAT [Read Order]")
NCLAT permits RP to Issue Fresh Form G and to Invite Eol from New Eligible Resolution Applicants by strictly Adhering to Time Bound CIRP Process [Read Order]
In a recent ruling, the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) permits the Resolution Professional (RP) to issue a fresh Form G and to invite expressions of interest...
![NCLAT permits RP to Issue Fresh Form G and to Invite Eol from New Eligible Resolution Applicants by strictly Adhering to Time Bound CIRP Process [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/500x300_2053968-no-appeal-under-section-61-filed-against-an-order-nclat-not-covered-by-part-ii-of-i-b-code-part-ii-of-i-b-code-taxscan.webp "NCLAT permits RP to Issue Fresh Form G and to Invite Eol from New Eligible Resolution Applicants by strictly Adhering to Time Bound CIRP Process [Read Order]")