Complete Case Digest on NCLT Rulings under IBC - Part 2
"IBC code" most commonly refers to India's Insolvency and Bankruptcy Code,2016, an act that consolidates and amends laws for the time-bound...
![Corporate Debtor’s Past Offences cannot Haunt Successful Resolution Applicant: Delhi HC directs NTPC to Apprise Trial Court of Orders and Immunities [Read Order]](https://images.taxscan.in/h-upload/2025/10/02/250x150_2093269-corporate-debtors-resolution-applicant-offences-cannot-haunt-successful-taxscan.webp "Corporate Debtor’s Past Offences cannot Haunt Successful Resolution Applicant: Delhi HC directs NTPC to Apprise Trial Court of Orders and Immunities [Read Order]")
![Relief to Plight of individual homebuyers, who invest life savings to secure Home: Supreme Court allows appeal under IBC, Directs to hand over possession [Read Order]](https://images.taxscan.in/h-upload/2025/09/12/250x150_2085955-relief-to-plight-of-individual-homebuyers-secure-home-supreme-court-taxscan.webp "Relief to Plight of individual homebuyers, who invest life savings to secure Home: Supreme Court allows appeal under IBC, Directs to hand over possession [Read Order]")
![Unconditional Consent by Sole Financial Creditor is sufficient for withdrawal of CIRP Regulations: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/09/11/250x150_2085515-cirp-withdrawal-nclat-taxscan.webp "Unconditional Consent by Sole Financial Creditor is sufficient for withdrawal of CIRP Regulations: NCLT [Read Order]")
![No Power vested to adjudicate disputes w.r.t Copyright Violations of ‘Kaithi’ Movie or Contract Termination: NCLT rejects Application by Dream Warrior Pictures [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/250x150_2078928-nclt-kaithi-copyright-case-dream-warrior-pictures-taxscan.webp "No Power vested to adjudicate disputes w.r.t Copyright Violations of ‘Kaithi’ Movie or Contract Termination: NCLT rejects Application by Dream Warrior Pictures [Read Order]")
Corporate Debtor Failed to Comply with One-Time Settlement Terms: NCLAT Greenlights CIRP Revival [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) at New Delhi recently dismissed an applicant’s challenge to the revival of its Corporate Insolvency Resolution Process...
![Corporate Debtor Failed to Comply with One-Time Settlement Terms: NCLAT Greenlights CIRP Revival [Read Order]](https://images.taxscan.in/h-upload/2025/08/12/500x300_2076039-corporate-debtor-nclat-taxscan.webp "Corporate Debtor Failed to Comply with One-Time Settlement Terms: NCLAT Greenlights CIRP Revival [Read Order]")
NCLT Admits Application for CIRP by SBI against Corporate Debtor for Providing financial assistance of Rs.25.75 Cr [Read Order]
In a recent case, the Ahmedabad Bench of the National Company Law Tribunal (NCLT) admitted the application for initiation of Corporate Insolvency Resolution Process (CIRP) by SBI against the...
![NCLT Admits Application for CIRP by SBI against Corporate Debtor for Providing financial assistance of Rs.25.75 Cr [Read Order]](https://images.taxscan.in/h-upload/2025/08/06/500x300_2073509-corporate-debtor.webp "NCLT Admits Application for CIRP by SBI against Corporate Debtor for Providing financial assistance of Rs.25.75 Cr [Read Order]")
No Valid Set-Off Based on Unauthorised Correspondence or Fit-Out Delays: NCLAT holds appellant liable to pay licence fee [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) held that the appellant is liable to pay the licence fee by observing that no valid set-off can be claimed based on ...
![No Valid Set-Off Based on Unauthorised Correspondence or Fit-Out Delays: NCLAT holds appellant liable to pay licence fee [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071420-nclat-licence-fee-payment-taxscan.webp "No Valid Set-Off Based on Unauthorised Correspondence or Fit-Out Delays: NCLAT holds appellant liable to pay licence fee [Read Order]")
Protection of IBC is only applicable to corporate debtors and not to Person Who drawn cheque in Individual capacity: Allahabad HC [Read Order]
The Allahabad high court held that protection of Insolvency Bankruptcy Code (IBC), 2016 is only applicable to corporate debtors and not to persons who draw cheques in Individual capacity. The court...
![Protection of IBC is only applicable to corporate debtors and not to Person Who drawn cheque in Individual capacity: Allahabad HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2072117-individual-capacity-corporate-debtors-drawn-cheque-taxscan.webp "Protection of IBC is only applicable to corporate debtors and not to Person Who drawn cheque in Individual capacity: Allahabad HC [Read Order]")
![NCLAT Refuses to Recall Dismissal Order: Says No Grounds for Reassessment [Read Order]](https://images.taxscan.in/h-upload/2025/07/22/500x300_2067597-nclat-refuses-recall-dismissal-order-no-grounds-reassessment-taxscan.webp "NCLAT Refuses to Recall Dismissal Order: Says No Grounds for Reassessment [Read Order]")
![NCLAT Dismisses Appeal by Former Promoter: Upholds Insolvency Admission by NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/500x300_2051809-nclat-nclat-dismisses-appeal-nclat-dismisses-appeal-by-former-promoter-taxscan.webp "NCLAT Dismisses Appeal by Former Promoter: Upholds Insolvency Admission by NCLT [Read Order]")
![NCLAT Modifies NCLT Order Forwarding Case to SFIO: Holds Directions Beyond Jurisdiction [Read Order]](https://images.taxscan.in/h-upload/2025/06/16/500x300_2045166-nclat-nclat-modifies-nclt-order-taxscan.webp "NCLAT Modifies NCLT Order Forwarding Case to SFIO: Holds Directions Beyond Jurisdiction [Read Order]")