![NCLT Initiates Voluntary CIRP Against Alcob India Private Limited, Upon ₹65.44 Crore Default Established [Read Order]](https://images.taxscan.in/h-upload/2026/03/07/2128219-insolvencyjpg.webp "NCLT Initiates Voluntary CIRP Against Alcob India Private Limited, Upon ₹65.44 Crore Default Established [Read Order]")
NCLT Initiates Voluntary CIRP Against Alcob India Private Limited, Upon ₹65.44 Crore Default Established [Read Order]
The Mumbai Bench of National Company Law Tribunal (NCLT) has allowed the petitions filed under Section 10 of the Insolvency and Bankruptcy Code,...
![IBBI Disciplinary Committee Holds Resolution Professional Unauthorisedly Reconstited CoC & Filed Misleading Affidavits in Byju’s Parent Company CIRP [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127709-ibbi-disciplinary-committee-holds-resolution-professional-unauthorisedly-reconstited-coc-taxscan.webp "IBBI Disciplinary Committee Holds Resolution Professional Unauthorisedly Reconstited CoC & Filed Misleading Affidavits in Byju’s Parent Company CIRP [Read Order]")
![Simultaneous CIRP Against Principal Borrower & Corporate Guarantor Permissible: Supreme Court Clarifies No Mandatory ‘Election’ of Claims [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127657-simultaneous-cirp-against-principal-borrowerjpg.webp "Simultaneous CIRP Against Principal Borrower & Corporate Guarantor Permissible: Supreme Court Clarifies No Mandatory ‘Election’ of Claims [Read Order]")
![IBBI Flags Insolvency Professional for Operating CIRP Account Post-Liquidation, Rejects Procedural Objections [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127597-ibbi-flags-insolvency-professional-for-operating-cirp-account-post-liquidationjpg.webp "IBBI Flags Insolvency Professional for Operating CIRP Account Post-Liquidation, Rejects Procedural Objections [Read Order]")
![CIRP u/s 7 IBC Not Maintainable Where Corporate Guarantee Is Capped Below ₹1 Cr: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/28/2127420-cirp-ibc-not-maintainable-corporate-guarantee-is-capped-below-nclat-.webp "CIRP u/s 7 IBC Not Maintainable Where Corporate Guarantee Is Capped Below ₹1 Cr: NCLAT [Read Order]")
![Provident Fund Claims Raised During Moratorium Unsustainable: NCLAT Rejects EPFO’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126850-provident-fund-claims-nclat-rejects-epfos-appeal.webp "Provident Fund Claims Raised During Moratorium Unsustainable: NCLAT Rejects EPFO’s Appeal [Read Order]")
RTI Queries Seeking Confirmation of Right Person for CIRP Payments Not Covered u/s 2(f): IBBI [Read Notification]
The First Appellate Authority of the Insolvency and Bankruptcy Board of India (IBBI) has held that queries seeking confirmation of the “right person” to receive payments during a Corporate Insolvency...
![RTI Queries Seeking Confirmation of Right Person for CIRP Payments Not Covered u/s 2(f): IBBI [Read Notification]](https://images.taxscan.in/h-upload/2026/02/14/2125140-rti-queries-seeking-confirmation-of-right-person-for-cirp-payments-not-covered-us-2f-ibbi.webp "RTI Queries Seeking Confirmation of Right Person for CIRP Payments Not Covered u/s 2(f): IBBI [Read Notification]")
Moratorium Under IBC Does Not Prevent Contract Termination For Pre-Existing Defaults: NCLAT Rejects Liquidator’s Plea [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that the moratorium under the Insolvency and Bankruptcy Code, 2016 does not prohibit the termination of a contract where the termination...
![Moratorium Under IBC Does Not Prevent Contract Termination For Pre-Existing Defaults: NCLAT Rejects Liquidator’s Plea [Read Order]](https://images.taxscan.in/h-upload/2026/02/14/2125100-moratorium-under-ibc-prevent-contract-termination-for-pre-existing-nclat-rejects-liquidators-plea-taxscan.webp "Moratorium Under IBC Does Not Prevent Contract Termination For Pre-Existing Defaults: NCLAT Rejects Liquidator’s Plea [Read Order]")
![NCLAT Dismisses Plea to Revive CIRP After Corporate Debtor Clears Part IV Dues [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2124026-nclat-new-delhi-corporate-debtor-cirp-after-corporate-debtor-corporate-debtor-clears-part-iv-dues-corporate-debtor-clears-dues-taxscan.webp "NCLAT Dismisses Plea to Revive CIRP After Corporate Debtor Clears Part IV Dues [Read Order]")
![₹28.5 Lakh Fraudulent Trading Liability on Suspended Directors u/s 66 IBC Set Aside: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/03/2123563-285-lakh-fraudulent-trading-liability-suspended-taxscan.webp "₹28.5 Lakh Fraudulent Trading Liability on Suspended Directors u/s 66 IBC Set Aside: NCLAT [Read Order]")
![S10A and S14 of IBC Do Not Bar Insolvency Proceedings against Personal Guarantors: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/16/2120100-whatsapp-image-2026-01-16-at-42022-pm.webp "S10A and S14 of IBC Do Not Bar Insolvency Proceedings against Personal Guarantors: NCLAT [Read Order]")
Delay Beyond 30‑Day Limit Not Justified by Counsel’s Inaction: NCLT Dismisses Restoration Application [Read Order]
The National Company Law Tribunal (NCLT), Kolkata Bench, dismissed a restoration application filed by the applicant, holding that a delay beyond 30 days cannot be justified as counsel’s inaction. ...
![Delay Beyond 30‑Day Limit Not Justified by Counsel’s Inaction: NCLT Dismisses Restoration Application [Read Order]](https://images.taxscan.in/h-upload/2026/01/15/2119928-delay-beyond-30day-limit-not-justified-by-counsels-inaction-taxscan.webp "Delay Beyond 30‑Day Limit Not Justified by Counsel’s Inaction: NCLT Dismisses Restoration Application [Read Order]")