![No CIRP for COVID-Period Default: NCLAT Affirms NCLT Order Rejecting Application u/s 10A [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/500x300_2111279-nclat-affirms-nclt-order-rejecting-application-taxscan.jfif "No CIRP for COVID-Period Default: NCLAT Affirms NCLT Order Rejecting Application u/s 10A [Read Order]")
No CIRP for COVID-Period Default: NCLAT Affirms NCLT Order Rejecting Application u/s 10A [Read Order]
The National Company Law Appellate Tribunal (NCLAT) Principal Bench at New Delhi has upheld the dismissal of a Section 7 application under the...
![Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/250x150_2114211-benami-attachment-cannot-breach-impregnable-firewall-nclt-approved-resolution-plan-madras-hc-taxscan.webp "Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]")
![Transfer‑Fee Claim Not a “Hydra Head” Frozen by Resolution Plan: Calcutta HC Dismisses Appeal Against WBIDC [Read Order]](https://images.taxscan.in/h-upload/2025/12/13/250x150_2111886-transferfee-claim-hydra-head-frozen-resolution-plan-calcutta-hc-dismisses-appeal-against-wbidc.webp "Transfer‑Fee Claim Not a “Hydra Head” Frozen by Resolution Plan: Calcutta HC Dismisses Appeal Against WBIDC [Read Order]")
Unexplained ₹10.54 Cr Cash Withdrawals Show Intent to Defraud Under S.66 IBC: NCLAT Upholds NCLT Order Against Directors [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, in a recent case has held that the unexplained Rs 10.54 cr withdrawals demonstrated an intent to defraud creditors, attracting...
![Unexplained ₹10.54 Cr Cash Withdrawals Show Intent to Defraud Under S.66 IBC: NCLAT Upholds NCLT Order Against Directors [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112853-cash-withdrawals-show-intent-defraud-under-nclat-nclt-order-against-directors-taxscan.webp "Unexplained ₹10.54 Cr Cash Withdrawals Show Intent to Defraud Under S.66 IBC: NCLAT Upholds NCLT Order Against Directors [Read Order]")
Shareholder Has Locus to Challenge Collusive CIRP: NCLAT Holds “Any Person Aggrieved” u/s 61 Must Be Read Widely, Distinguishes Park Energy Case [Read Order]
The National Company Law Appellate Tribunal (NCLAT), New Delhi, has delivered a detailed and consequential judgment holding that shareholders can be “aggrieved persons” under Section 61 of the...
![Shareholder Has Locus to Challenge Collusive CIRP: NCLAT Holds “Any Person Aggrieved” u/s 61 Must Be Read Widely, Distinguishes Park Energy Case [Read Order]](https://images.taxscan.in/h-upload/2025/12/19/500x300_2113269-shareholder-cirp-nclat-any-person-aggrieved-park-energy-case-taxscan.webp "Shareholder Has Locus to Challenge Collusive CIRP: NCLAT Holds “Any Person Aggrieved” u/s 61 Must Be Read Widely, Distinguishes Park Energy Case [Read Order]")
Pre- Existing Dispute Defence Mere "Moonshine": Supreme Court Restores CIRP Admission Against Engineering Company [Read Order]
The Supreme Court has restored the admission of a Section 9 Insolvencyand Bankruptcy Code (IBC) application filed by an appellant, holding that the corporate debtor failed to establish any bona fide...
![Pre- Existing Dispute Defence Mere Moonshine: Supreme Court Restores CIRP Admission Against Engineering Company [Read Order]](https://images.taxscan.in/h-upload/2025/12/16/500x300_2112636-supreme-court-restores-cirp-admission-against-engineering-company-taxscan.webp "Pre- Existing Dispute Defence Mere Moonshine: Supreme Court Restores CIRP Admission Against Engineering Company [Read Order]")
Form‑B Contemplates Mutual Dealings: NCLAT Admits CNH Industrial’s ₹3.40 Cr Net Claim After Set‑off but Confirms Nil Payout in CIRP [Read Order]
The National Company Law Appellate Tribunal (NCLAT), principal bench, New Delhi, in a recent case, has clarified that Form B under the CIRP Regulations permits disclosure of mutual dealings and...
![Form‑B Contemplates Mutual Dealings: NCLAT Admits CNH Industrial’s ₹3.40 Cr Net Claim After Set‑off but Confirms Nil Payout in CIRP [Read Order]](https://images.taxscan.in/h-upload/2025/12/08/500x300_2110902-nclat-admits-cnh-industrials-taxscan.jfif "Form‑B Contemplates Mutual Dealings: NCLAT Admits CNH Industrial’s ₹3.40 Cr Net Claim After Set‑off but Confirms Nil Payout in CIRP [Read Order]")
Balance Sheet Acknowledgement Binds Guarantor u/s 128 Contract Act: NCLAT Sets Aside NCLT’s Limitation Bar in SBI's Section 95 Petition [Read Order]
The National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi, has allowed the section 95 petition filed by the State Bank of India (SBI) against the respondent, ruling that the...
![Balance Sheet Acknowledgement Binds Guarantor u/s 128 Contract Act: NCLAT Sets Aside NCLT’s Limitation Bar in SBIs Section 95 Petition [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/500x300_2108719-nclat-taxscan.jfif "Balance Sheet Acknowledgement Binds Guarantor u/s 128 Contract Act: NCLAT Sets Aside NCLT’s Limitation Bar in SBIs Section 95 Petition [Read Order]")
Advance Payment for Scrap Sale Qualifies as Operational Debt u/s 5(21): NCLAT Upholds CIRP Admission [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has upheld the admission of a Section 9 petition against the respondent holding that the advance payment for scrap...
![Advance Payment for Scrap Sale Qualifies as Operational Debt u/s 5(21): NCLAT Upholds CIRP Admission [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/500x300_2108735-operational-debt-taxscan.jfif "Advance Payment for Scrap Sale Qualifies as Operational Debt u/s 5(21): NCLAT Upholds CIRP Admission [Read Order]")
