![Allottee cannot be considered as Financial Creditor on Cancellation of Unit by Own Request: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Allottee-considered-as-Financial-Creditor-Cancellation-Unit-Own-Request-NCLAT-taxscan.jpg "Allottee cannot be considered as Financial Creditor on Cancellation of Unit by Own Request: NCLAT [Read Order]")
Allottee cannot be considered as Financial Creditor on Cancellation of Unit by Own Request: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi has ruled that if a unit was cancelled at the request of the unit's allottee and the...
![Rejection of Application u/s 9 of IBC Against Hindustan Unilever Limited: NCLAT upholds Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-Upholds-Hindustan-Unilever-Limited-Unilever-Limited-Rejection-of-Application-NCLAT-Upholds-order-Upholds-order-National-Company-Law-Appellate-Tribunal-taxscan.jpg "Rejection of Application u/s 9 of IBC Against Hindustan Unilever Limited: NCLAT upholds Order [Read Order]")
![Moratorium period u/s 101 of IBC cannot be Extended Beyond 180 Days: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Moratorium-period-IBC-Extended-Beyond-180-Days-NCLAT-TAXSCAN.jpg "Moratorium period u/s 101 of IBC cannot be Extended Beyond 180 Days: NCLAT [Read Order]")
![Insolvency Application against Personal Guarantor is Maintainable u/s 60(1) of IBC even in Absence of Pending CIRP against CD: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Insolvency-Application-Personal-Guarantor-IBC-Absence-Pending-CIRP-CD-NCLAT-taxscan.jpg "Insolvency Application against Personal Guarantor is Maintainable u/s 60(1) of IBC even in Absence of Pending CIRP against CD: NCLAT [Read Order]")
Validity of S.95 Application for Personal Guarantor: NCLAT confirms Timely Filing and Proper Authorization [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal ( NCLAT ) upheld the timely filing and proper authorization of the Section 95 application of Insolvency and Bankruptcy Code ( IBC ) 2016...
Pendency of Proceedings before NCLT does not Bar Financial Creditors from filing Petition u/s 7: NCLAT rules in favour of ICICI Bank [Read Order]
In a ruling in favour of ICICI Bank, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that the pendency of proceedings before the National Company Law Tribunal...
Petition u/s 7 of IBC Can be Admit on Default Committed Prior To S.10A Period: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has found that date of default has been noted in the NeSL portalon a date which is much prior to Section 10A period and held...
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]")
Petition filed u/s 94 of IBC does not Preclude Financial Creditor’s Right to Seeking Replacement of RP: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that petition filed under section 94 of the Insolvency Bankruptcy Code ( IBC ), 2016 by personal guarantor through...
CoC can Liquidate Corporate Debtor In Absence of Approved Resolution Plan Before Adjudicating Authority Within Statutory CIRP Period: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) held that as per section 33 of the Insolvency and Bankruptcy Code, 2016 ( IBC ) empowers the Committee of Creditors ( CoC ) to decide to...
