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Complete Case Digest on NCLT Rulings under the IBC - Part 2
The Insolvency and Bankruptcy Code, 2016 (IBC) was enacted to streamline corporate insolvency resolution, liquidation, and debt restructuring, while...
![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]")
CIRP cannot be Initiated Against Jaypee Healthcare Ltd After Full Settlement of Financial Creditors' Claims: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has set aside the Corporate Insolvency Resolution Process ( CIRP ) initiated against Jaypee Healthcare Limited after the...
Claims Before Approval of Resolution Plan Extinguished on Approval of Plan u/s 31 of IBC: Orissa HC [Read Order]
The Orissa High Court held that claims before approval of resolution plan were extinguished on approval of plan under section 31 of the Insolvency and Bankruptcy Code ( IBC ), 2016. The court held...
Timelines under Regulation 35A for Avoidance Applications are Directory, Not Mandatory: Delhi High Court Rules in TATA Steel BSL Case [Read Order]
The Delhi High Court recently ruled in a case that the timelines given under Regulation 35A of the ( Insolvency Resolution Process for Corporate Persons ) Regulations, 2016 ( IBBI ) for applying...
