![NCLT Approves ₹3.4 Cr Resolution Plan of Ship Leasing Company with 100% CoC Assent subject to Statutory Scrutiny [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/500x300_2094772-nclt-nclt-vacancies-ibc-justice-delayed-justice-denied-taxscan.webp "NCLT Approves ₹3.4 Cr Resolution Plan of Ship Leasing Company with 100% CoC Assent subject to Statutory Scrutiny [Read Order]")
NCLT Approves ₹3.4 Cr Resolution Plan of Ship Leasing Company with 100% CoC Assent subject to Statutory Scrutiny [Read Order]
The National Company Law Tribunal, Mumbai Bench-I (NCLT) recently approved a resolution plan worth ₹3.4 crore submitted by M/s Priyam Projects (I)...
![Challenge against Bombay HC order refusing claim of revenue citing NCLT’s Approval of Resolution Plan: Supreme Court Dismisses Delayed SLP [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/250x150_2092463-bombay-high-court-nclats-taxscan.webp "Challenge against Bombay HC order refusing claim of revenue citing NCLT’s Approval of Resolution Plan: Supreme Court Dismisses Delayed SLP [Read Order]")
![Supreme Court Upholds JSW Steels Resolution Plan for BPSL [Read Judgement]](https://images.taxscan.in/h-upload/2025/09/27/250x150_2091514-supreme-court-jsw-steel-limited-taxscan.webp "Supreme Court Upholds JSW Steels Resolution Plan for BPSL [Read Judgement]")
![NCLT Allows Liquidation Application filed by Ultratech Cement against Corporate Debtor citing 66.29 % of voting approval by CoC [Read Order]](https://images.taxscan.in/h-upload/2025/09/16/250x150_2087830-nclt-liquidation-application-ultratech-cement-corporate-debtor-voting-approval-coc-taxscan.webp "NCLT Allows Liquidation Application filed by Ultratech Cement against Corporate Debtor citing 66.29 % of voting approval by CoC [Read Order]")
![Adjudicating Authority’s Role Limited to Section 30(2) Compliance Check after CoC Approval with Required Majority: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/250x150_2076278-section-302-coc-nclt-taxscan.webp "Adjudicating Authority’s Role Limited to Section 30(2) Compliance Check after CoC Approval with Required Majority: NCLT [Read Order]")
![FD Amounts to Asset of Corporate Debtor: NCLT Allows Custody to RP [Read Order]](https://images.taxscan.in/h-upload/2025/08/08/500x300_2074316-corporate-debtor-nclt-taxscan.webp "FD Amounts to Asset of Corporate Debtor: NCLT Allows Custody to RP [Read Order]")
Geetanjali Sugar Consortium Wins Bid: NCLT Approves Rs. 185 Crore Revival Plan for Lokshakti Sugar [Read Order]
The National Company Law Tribunal (NCLT), Mumbai Bench, has approved a Rs. 185 crore resolution plan submitted by Geetanjali Sugar Private Limited in consortium with M/s G V Alurkar for the revival...
![Geetanjali Sugar Consortium Wins Bid: NCLT Approves Rs. 185 Crore Revival Plan for Lokshakti Sugar [Read Order]](https://images.taxscan.in/h-upload/2025/08/07/500x300_2074093-sugar-nclt-taxscan.webp "Geetanjali Sugar Consortium Wins Bid: NCLT Approves Rs. 185 Crore Revival Plan for Lokshakti Sugar [Read Order]")
NCLAT Refuses to Interfere in Liquidation Process, Dismisses Suspended Director’s Appeal [Read Order]
The National Company Law Appellate Tribunal (NCLAT) dismissed an appeal filed by Mr. Rakesh Verma, the suspended director of a company under liquidation, reaffirming that once a company enters the ...
![NCLAT Refuses to Interfere in Liquidation Process, Dismisses Suspended Director’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/07/30/500x300_2070736-liquidation.webp "NCLAT Refuses to Interfere in Liquidation Process, Dismisses Suspended Director’s Appeal [Read Order]")
![Challenge Against Court Records Without Filing Correction Application is Invalid: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054260-nclat-.webp "Challenge Against Court Records Without Filing Correction Application is Invalid: NCLAT [Read Order]")
NCLAT Dismisses Indian Bank's Appeal to Initiate Insolvency Proceedings Against MBL Infra Director [Read Order]
The Principal Bench, National Company Law Appellate Tribunal (NCLAT), New Delhi, has dismissed Indian Bank’s appeal challenging the NCLT’s rejection of its application filed under Section 95 of...
![NCLAT Dismisses Indian Banks Appeal to Initiate Insolvency Proceedings Against MBL Infra Director [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050307-nclat-nclat-new-delhi-indian-banks-appeal-taxscan.webp "NCLAT Dismisses Indian Banks Appeal to Initiate Insolvency Proceedings Against MBL Infra Director [Read Order]")
IBBI Updates CIRP Regulations: New Form and Fees for RP Form Filings under Rule 40B [Read Notification]
The Insolvency and Bankruptcy Board of India ( IBBI ) has notified the IBBI (CIRP) Regulations, i.e, Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons)...
Dissenting Financial Creditors are Entitled to Receive Payments on Pro-Rata Basis of Resolution Plan Value: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) Chennai bench ruled that, instead of receiving the liquidation value, dissident financial creditors should be paid on pro- Rata Basis of the...
![Dissenting Financial Creditors are Entitled to Receive Payments on Pro-Rata Basis of Resolution Plan Value: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLAT-Chennai-Resolution-Plan-Financial-Creditors-taxscan.jpg "Dissenting Financial Creditors are Entitled to Receive Payments on Pro-Rata Basis of Resolution Plan Value: NCLAT [Read Order]")