Belated Claims by Creditors not to be Considered as IBC Proceedings are Time Bound: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) held that the belated claims by creditors not to be considered as the...
Ex-Promoter who Resigned before Commencement of CIRP is eligible to Submit Resolution Plan: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) observed that the ex-promoter who resigned before commencement of the Corporate Insolvency Resolution Process (CIRP) is...
Non-Stamped Document will not Render CIRP as Non-Maintainable when Material to Prove Default of Debt Exists: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) observed that non-stamping of document will not render Corporate Insolvency Resolution Process (CIRP) as...
RP not Entitled to Fees Beyond Sum already Received Since Insolvency Proceedings was Withdrawn: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal( NCLAT ) held that Resolution Professional(RP)is not entitled to fees beyond sum already received since insolvency proceedings...
![RP not Entitled to Fees Beyond Sum already Received Since Insolvency Proceedings was Withdrawn: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/RP-Entitled-Sum-Received-Since-Insolvency-Withdrawn-NCLAT-TAXSCAN.jpg "RP not Entitled to Fees Beyond Sum already Received Since Insolvency Proceedings was Withdrawn: NCLAT [Read Order]")
Non-Consideration of Objection from Allottee of Land: NCLAT directs to Approve Resolution Plan after giving Opportunity to File Objection [Read Order]
The National Company Law Appellate Tribunal(NCLAT) directed to approve resolution plan after giving the opportunity to file objection to the allottee of land. UTI Employees Sai Samruddhi...
![Non-Consideration of Objection from Allottee of Land: NCLAT directs to Approve Resolution Plan after giving Opportunity to File Objection [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Non-Consideration-Objection-from-Allottee-of-Land-NCLAT-TAXSCAN.jpg "Non-Consideration of Objection from Allottee of Land: NCLAT directs to Approve Resolution Plan after giving Opportunity to File Objection [Read Order]")
Claim of Operational Creditor cannot be invalidated merely on Agreement not being Engrossed on Stamped Paper when Corporate Debtor utilises the Premises: NCLATÂ
The Principal bench of the National Company Law Appellate Tribunal (NCLAT) has held that claim of an Operational Creditor cannot be invalidated merely of the agreement not being engrossed on stamped...
Resolution Applicant must fulfil Obligation under Resolution Plan while Lender Discharges their Obligations: NCLAT dismisses appeal of SBI
The Principal Bench of the National Company Law Appellate Tribunal(NCLAT) has held that the resolution applicant must fulfil an obligation under the resolution plan while the lender discharges their...
