Rejection of Contingent Claims by Resolution Professional Cannot be Faulted: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) held tha the RP's decision to reject the claim by sending the appellant a...
![Supreme Court Declares Hypothecation Deed as Guarantee u/s 5(8), Classifies Mortgagor as Guarantor [Read Judgment]](https://images.taxscan.in/h-upload/2025/06/03/250x150_2041095-supreme-court-insolvncy-nd-bnkruptcy-cde-ibc-supreme-court-hypothecation-deed-guarantee-taxscan.webp "Supreme Court Declares Hypothecation Deed as Guarantee u/s 5(8), Classifies Mortgagor as Guarantor [Read Judgment]")
Bank Deposit In Pursuance of One Time Settlement Proposal Remains Corporate Debtor's Asset When Settlement Fails: NCLAT Rules Against BOI [Read Order]
In a ruling against Bank of India (BOI), the New Delhi bench of National Company Law Appellate Tribunal (NCLAT) has held that the amount deposited with the bank by the corporate debtor in pursuance...
Liquidator under IBC does not create Sub Leases Over Public Land without Adhering to Statutory Requirements: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that a liquidator does not create sub-leases over public land without adhering to the statutory requirements. Further...
Liquidator can Recover Amount belongs to Corporate Debtor through Application u/s 60(5)(c) of IBC: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that liquidators can recover the amount of the corporate debtor by filing an application under section 60(5)(c) of...
Petition u/s 9 of IBC Cannot Be Admitted on Establishment of Pre-Existing Dispute With Regard To Operational Debt: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the petition under Section 9 of the Insolvency Bankruptcy Code (IBC), 2016 cannot be admitted when pre-existing...
Transaction Audit Report is Sufficient to File Application for Avoidance of Preferential Transactions u/s 43 of IBC: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that Transaction Audit Report is sufficient to file an application for avoidance of preferential transactions under...
