![Personal Guarantors of NBFC/FSC cannot be proceeded against unless Threshold of Rs. 500 cr is Satisfied, rules NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Personal-Guarantors-Guarantors-NBFC-FSC-Threshold-NCLT-Taxscan.jpg "Personal Guarantors of NBFC/FSC cannot be proceeded against unless Threshold of Rs. 500 cr is Satisfied, rules NCLT [Read Order]")
Personal Guarantors of NBFC/FSC cannot be proceeded against unless Threshold of Rs. 500 cr is Satisfied, rules NCLT [Read Order]
The Jaipur Bench of the National Company Law Tribunal (NCLT) has held that Personal Guarantors of Non-Banking Finance Company/ Financial Services...
![When Proceedings before Adjudicating Authority are being carried out under IBC Penalty can only be imposed Companies Act, 2013: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Adjudicating-Authority-NCLAT-IBC-Penalty-Companies-Act-Taxscan.jpg "When Proceedings before Adjudicating Authority are being carried out under IBC Penalty can only be imposed Companies Act, 2013: NCLAT [Read Order]")
![IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 to enable filing of Complaint against Service Providers under IBC, answers Lok Sabha [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/IBBI-IBBI-Regulations-complaint-service-providers-IBC-Lok-Sabha-Taxscan.jpeg "IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 to enable filing of Complaint against Service Providers under IBC, answers Lok Sabha [Read Order]")
![NCLAT directs ‘Corporate Debtor’ to approach the ‘Competent Forum’ by pursuing its remedy in Appeal under PMLA [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/NCLAT-Corporate-Debtor-Competent-Forum-Appeal-PMLA-Taxscan.jpg "NCLAT directs ‘Corporate Debtor’ to approach the ‘Competent Forum’ by pursuing its remedy in Appeal under PMLA [Read Order]")
![Resolution Plan does not remain a Confidential Document after Approval so as to deny its perusal to Claimant: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Resolution-Plan-confidential-document-Deny-Perusal-Claimant-NCLAT-Taxscan.jpg "Resolution Plan does not remain a Confidential Document after Approval so as to deny its perusal to Claimant: NCLAT [Read Order]")
NCLAT stays order initiating CIRP against Tata Projects Limited as parties entered into a Settlement Agreement [Read Order]
The Chennai Bench of National Company Law Appellate Tribunal (NCLAT) stayed the order initiating Corporate Insolvency Resolution Process (CIRP) against Tata Projects Limited as parties entered into a...
![NCLAT stays order initiating CIRP against Tata Projects Limited as parties entered into a Settlement Agreement [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/NCLAT-Stays-order-CIRP-Tata-Projects-Parties-Entered-Settlement-Agreement-Taxscan.jpg "NCLAT stays order initiating CIRP against Tata Projects Limited as parties entered into a Settlement Agreement [Read Order]")
Power of Attorney holder of Financial Creditor having Authorisation can file an application for Initiation of CRIP, rules SC
The Supreme Court held that the Power of Attorney holder of Financial Creditor having Authorisation can file an application for Initiation of corporate insolvency resolution process (CRIP). The...
Sole Decision of Related Parties Financial Creditors Could Be Fatal for Existence of Corporate Debtor: NCLAT quashes Liquidation Proceedings
The National Company Law Appellate Tribunal (NCLAT), Delhi Bench while quashing the Liquidation Proceedings ruled that the sole decision of related parties Financial Creditors could be fatal for the...
Only Debts covered under definition of ‘Operational Debt’ can file application under Section 9 of Insolvency and Bankruptcy Code: NCLT
The National Company Law Tribunal (NCLT), Kochi Bench ruled that only debts covered under the definition of ‘Operational Debt’ can file an application under Section 9 of Insolvency and Bankruptcy...
![Ex-promoters ineligible to suggest Revival Scheme under Companies Act: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Ex-promoters-Companies-Act-Supreme-Court-Taxscan.jpeg "Ex-promoters ineligible to suggest Revival Scheme under Companies Act: Supreme Court [Read Judgment]")
Moratorium order under Section 14 IBC bars parallel proceedings against Corporate Debtor: SC [Read Judgment]
The Supreme Court ruled that the Moratorium order under Section 14 IBC bars parallel proceedings against Corporate Debtors under Section 138 of Negotiable Instruments Act. The National Company Law...
NCLAT: Period of Judicial Intervention to be excluded while counting and computing the period of CIRP [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi has ordered that period of judicial intervention is justifiably required to be excluded while counting and computing the period of...
![NCLAT: Period of Judicial Intervention to be excluded while counting and computing the period of CIRP [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/NCLAT-Judicial-Intervention-period-of-CIRP-Taxscan.jpg "NCLAT: Period of Judicial Intervention to be excluded while counting and computing the period of CIRP [Read Order]")