Resolution Professionals Cannot Admit Claims Based on Uninvoked Guarantee: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench has held that guarantee given by the corporate debtor cannot be invoked after...
![Pre-CIRP Electricity Dues Expires on Approval of Resolution Plan under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Pre-CIRP-Electricity-Dues-Expires-Approval-Resolution-Plan-under-IBC-NCLAT-TAXSCAN.jpg "Pre-CIRP Electricity Dues Expires on Approval of Resolution Plan under IBC: NCLAT [Read Order]")
![Claim for liquidated damages require adjudication before Civil Court: NCLT dismisses Actor Akshay Kumars Insolvency Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Claim-for-liquidated-damages-adjudication-Civil-Court-NCLT-Actor-Akshay-Kumars-Insolvency-Petition-taxscan.jpg "Claim for liquidated damages require adjudication before Civil Court: NCLT dismisses Actor Akshay Kumars Insolvency Petition [Read Order]")
![NCLAT uphold Resolution Plan In absence of irregularity in conduct of CIRP Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-Resolution-Plan-CIRP-proceedings-NCLAT-New-Delhi-CIRP-NCLAT-news-NCLAT-updates-taxscan.jpg "NCLAT uphold Resolution Plan In absence of irregularity in conduct of CIRP Proceedings [Read Order]")
Application u/s 7 of IBC Admitted can be Recalled on Proving Fraud or Malicious Intent: NCLAT [Read Order]
Recently, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that when CIRP proceedings are initiated fraudulently or maliciously, the Adjudicating Authority...
![Validity of Revision Order Post-CIRP Approval: ITAT Quashes PCIT Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Validity-of-Revision-Order-Post-CIRP-ITAT-ITAT-Quashes-PCIT-Revision-Order-taxscan.jpg "Validity of Revision Order Post-CIRP Approval: ITAT Quashes PCIT Revision Order [Read Order]")
Assessment Proceedings Cannot be Continued by EPFO After Initiation of Moratorium u/s 14 of IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that assessment proceedings cannot be continued by Employees' Provident Fund Organisation (EPFO) after the initiation of the moratorium...
Supreme Court Declares Hypothecation Deed as Guarantee u/s 5(8), Classifies Mortgagor as Guarantor [Read Judgment]
In а reсent judgement, thе Suрreme Cоurt оf Indiа resоlved а legаl dispute on сlаssifying Chinа Dеvеlopmеnt Bаnk аnd othеr lenders аs finаnciаl creditоrs undеr thе Insolvеncy аnd Bаnkruptcy Cоde (...
![Supreme Court Declares Hypothecation Deed as Guarantee u/s 5(8), Classifies Mortgagor as Guarantor [Read Judgment]](https://images.taxscan.in/h-upload/2025/06/03/500x300_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]")
Request for a one-time settlement cannot be entertained by a sole financial creditor after commencement of CIRP: Telangana HC [Read Order]
In a recent case, the Telangana High Court has held that a request for a one-time settlement cannot be entertained by a sole financial creditor after commencement of Corporate Insolvency Resolutions...
