![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]")
FD Amounts to Asset of Corporate Debtor: NCLT Allows Custody to RP [Read Order]
The New Delhi bench of the National Company Law Tribunal (NCLT) has held that Fixed Deposit Receipts (FDRs) amount to the financial assets of the...
![Geetanjali Sugar Consortium Wins Bid: NCLT Approves Rs. 185 Crore Revival Plan for Lokshakti Sugar [Read Order]](https://images.taxscan.in/h-upload/2025/08/07/250x150_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]](https://images.taxscan.in/h-upload/2025/07/30/250x150_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/2025/06/25/250x150_2054260-nclat-.webp "Challenge Against Court Records Without Filing Correction Application is Invalid: NCLAT [Read Order]")
![NCLAT Dismisses Indian Banks Appeal to Initiate Insolvency Proceedings Against MBL Infra Director [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/250x150_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]")
![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]
The National Company Law Tribunal, Mumbai bench partially granted Canara Bank's interim plea concerning the CIRP of Carnival Techno Park Pt. Ltd (CTPPL). Although Canara Bank's request to recall CIRP...
![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]
The National Company Law Appellate Tribunal (NCLAT) has held that the rejection of the resolution plan submitted by the suspended director of the corporate debtor by the Committee of Creditors (CoC)...
![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]")