![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]")
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...
![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/2025/06/24/250x150_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]")
![NCLAT Upholds Condonation of 26 days of Delay in filing of Report u/s 106 of I & B Code by RPl due to delayed submission of Repayment Plan by Personal Guarantor [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/250x150_2053956-nclat-practising-company-secretary-filing-appeal-voluminous-running-several-volumes-taxscan.webp "NCLAT Upholds Condonation of 26 days of Delay in filing of Report u/s 106 of I & B Code by RPl due to delayed submission of Repayment Plan by Personal Guarantor [Read Order]")
![NCLAT Upholds Eviction of Hotel Operator from Hotel Property Post Resolution Plan [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2051997-nclat-nclat-upholds-eviction-of-hotel-operator-hotel-operator-from-hotel-property-taxscan.webp "NCLAT Upholds Eviction of Hotel Operator from Hotel Property Post Resolution Plan [Read Order]")
![Suspended management is unable to release corporate debtor funds after Comencement of CIRP without IRP authorization: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/250x150_2041750-nclat-corporate-debtor-nclat-new-delhi-taxscan.webp "Suspended management is unable to release corporate debtor funds after Comencement of CIRP without IRP authorization: NCLAT [Read Order]")
CoC Abstention from Voting on Resolution Plan Leads to Liquidation: NCLAT Upholds NCLT’s Decision [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal(NCLAT)upheld the National Company Law Tribunal(NCLT)’s decision to approve liquidation for Sintex Plastics Technologies Ltd. following the...
![CoC Abstention from Voting on Resolution Plan Leads to Liquidation: NCLAT Upholds NCLT’s Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/CoC-Abstention-Voting-Resolution-Plan-Leads-Liquidation-NCLAT-NCLTs-Decision-taxscan.jpg "CoC Abstention from Voting on Resolution Plan Leads to Liquidation: NCLAT Upholds NCLT’s Decision [Read Order]")
Delhi HC reduces Suspension Period Imposed by IBBI Disciplinary Committee on Insolvency Professional [Read Order]
The Delhi High Court reduced the Appellant/Resolution Professional's suspension period, pointing out that the IBBI Disciplinary Committee used inaccurate data and failed to consider important factors...
![Delhi HC reduces Suspension Period Imposed by IBBI Disciplinary Committee on Insolvency Professional [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Delhi-HC-Reduces-Suspension-Period-Imposed-by-IBBI-IBBI-taxscan.jpg "Delhi HC reduces Suspension Period Imposed by IBBI Disciplinary Committee on Insolvency Professional [Read Order]")
Approved Resolution Plan Cannot be Reopened based on Belatedly agitated Claims: NCLAT [Read Order]
The National Company Law Appellate Tribunal, Principal Bench, New Delhi dismissed the appeals filed under Section 61 of Insolvency and Bankruptcy Code 2016 due to failure of appellant to exercise due...
![Approved Resolution Plan Cannot be Reopened based on Belatedly agitated Claims: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Approved-Resolution-Plan-Reopened-Belatedly-Claims-NCLAT-TAXSCAN.jpg "Approved Resolution Plan Cannot be Reopened based on Belatedly agitated Claims: NCLAT [Read Order]")
![Excise Order against Liquidated Company is not sustainable: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Excise-Order-Liquidated-Company-sustainable-CESTAT-taxscan.jpg "Excise Order against Liquidated Company is not sustainable: CESTAT [Read Order]")
NCLAT uphold Resolution Plan In absence of irregularity in conduct of CIRP Proceedings [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) upheld the resolution plan in absence of irregularity in the conduct of Corporate Insolvency Resolution Proceedings ( CIRP...
![NCLAT uphold Resolution Plan In absence of irregularity in conduct of CIRP Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-Resolution-Plan-CIRP-proceedings-NCLAT-New-Delhi-CIRP-NCLAT-news-NCLAT-updates-taxscan.jpg "NCLAT uphold Resolution Plan In absence of irregularity in conduct of CIRP Proceedings [Read Order]")
NCLAT directs Payment of Rs.6.49 Lakh to IRP u/s 7 of IBC for Additional 53 Days of Service beyond initial term [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal ( NCLAT ) directed Canara Bank to pay Rs.6.49 lakh to the appellant, the Interim Resolution Professional ( IRP ) under Section 7 of...
Section 43 Of IBC cannot be Attracted in Absence of Transaction made by Corporate Debtor: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that section 43 of the code can be attracted only when the transaction in question is made by the corporate...
![Section 43 Of IBC cannot be Attracted in Absence of Transaction made by Corporate Debtor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Section-43-Section-43-Of-IBC-IBC-Cannot-Be-Attracted-Absence-of-Transaction-Made-By-Corporate-Debtor-NCLAT-Corporate-Debtor-NCLAT-NCLAT-taxscan.jpg "Section 43 Of IBC cannot be Attracted in Absence of Transaction made by Corporate Debtor: NCLAT [Read Order]")