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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...
![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]")
![NCLAT Upholds Liquidation of Go Airlines [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLAT-NCLAT-Upholds-Liquidation-of-Go-Airlines-Liquidation-of-Go-Airlines-Go-Airlines-ITAT-Delhi-taxscan.jpg "NCLAT Upholds Liquidation of Go Airlines [Read Order]")
![In Absence of Fraud or Misrepresentation, Order Admitting CIRP cannot be Recalled: NCLT rules in favour of Canara Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Absence-of-Fraud-Misrepresentation-Admitting-CIRP-CIRP-Cannot-be-Recalled-NCLT-NCLT-rules-NCLT-rules-in-favour-of-Canara-Bank-Canara-Bank-taxscan.jpg "In Absence of Fraud or Misrepresentation, Order Admitting CIRP cannot be Recalled: NCLT rules in favour of Canara Bank [Read Order]")
![Rejection of Resolution Plan by Suspended Director cannot be Interfered in Absence of Expression of Interest: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Resolution-Plan.jpg "Rejection of Resolution Plan by Suspended Director cannot be Interfered in Absence of Expression of Interest: NCLAT [Read Order]")
![NCLT Approves ACME Cleantechs Resolution Plan For Reliance Big Private Limited [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ACME.jpg "NCLT Approves ACME Cleantechs Resolution Plan For Reliance Big Private Limited [Read Order]")
![Debt of Related Party Cannot Assign to Refrian From Participating in CoC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-CoC-National-Company-Law-Appellate-Tribunal-Corporate-Debtor-CIRP-Resolution-Professional-Section-21-Taxscan.jpg "Debt of Related Party Cannot Assign to Refrian From Participating in CoC: NCLAT [Read Order]")
![NCLT Orders Liquidation of Go Airlines (India) Limited [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLT-NCLT-Orders-Liquidation-Go-Airlines-Go-Airlines-India-National-Company-Law-Tribunal-NCLT-New-Delhi-Bench-Corporate-Corporate-Debtor-Taxscan.jpg "NCLT Orders Liquidation of Go Airlines (India) Limited [Read Order]")
Authorised Representative Can be Replaced by Procedure Provided under Regulation 16(3A) of CIRP Regulations: NCLAT [Read Order]
The National Company Law Appellate Tribunal's ( NCLAT ) New Delhi bench ruled that the authorized representative can be replaced by following the process outlined in Regulation 16(3A) of the CIRP...
CoC has Authority to Modify Resolution Plan inorder to Comply Supreme Court’s Direction: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) has ruled that the CoC is empowered to modify the resolution plan in order to comply with the directions issued by the Supreme Court. While...
