![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 Dismisses Appeal by Former Promoter: Upholds Insolvency Admission by NCLT [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT), has rejected an appeal filed by Aditya Bhatnagar, former promoter and...
![NCLAT Upholds Insolvency Against Jaypee Cement, Dismisses Appeal by Suspended Director [Read Order]](https://images.taxscan.in/h-upload/2025/06/20/250x150_2051087-nclat-nclat-upholds-insolvency-against-jaypee-cement-jaypee-cement-taxscan.webp "NCLAT Upholds Insolvency Against Jaypee Cement, Dismisses Appeal by Suspended Director [Read Order]")
![NCLAT Allows Appeal, Approves Resolution Plan for Appellant: Held NCLT Overstepped by Interfering in CoC’s Commercial Wisdom [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2050096-nclat-resolution-plan-appellant-taxscan.webp "NCLAT Allows Appeal, Approves Resolution Plan for Appellant: Held NCLT Overstepped by Interfering in CoC’s Commercial Wisdom [Read Order]")
![NCLAT Sets Aside NCLT Order Dismissing Section 9 Insolvency Plea Against BGM Telecommunications: Remands Matter for Fresh Hearing [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/250x150_2050347-telecommunications.webp "NCLAT Sets Aside NCLT Order Dismissing Section 9 Insolvency Plea Against BGM Telecommunications: Remands Matter for Fresh Hearing [Read Order]")
![NCLAT Dismisses Appellant’s Appeall Against NCLT Order: Upholds Section 10A Bar [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2050114-nclat-nclt-order-nclt-taxscan.webp "NCLAT Dismisses Appellant’s Appeall Against NCLT Order: Upholds Section 10A Bar [Read Order]")
An allottee who has lost trust in Management is entitled to seek resolution through CIRP : NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) have upheld the admission of the application under Section 7 of the Insolvency and Bankruptcy Code, 2016 against Pushp Ratna Realty Pvt. Ltd and...
![An allottee who has lost trust in Management is entitled to seek resolution through CIRP : NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/NCLAT-Secretary-MCA-NCLAT-directs-Secretary-MCA-to-Conduct-an-Inquiry-on-Matter-of-Parties-taxscan.jpg "An allottee who has lost trust in Management is entitled to seek resolution through CIRP : NCLAT [Read Order]")
CIRP Cannot be Shield to Corporate Applicant to avoid Legally Recoverable Government Obligations: NCLT [Read Order]
The National Company Law Tribunal New Delhi Bench held that the Corporate Applicant cannot take the shield of Corporate Insolvency Resolution Process (CIRP) to avoid the legally recoverable...
![CIRP Cannot be Shield to Corporate Applicant to avoid Legally Recoverable Government Obligations: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Application-us-7-of-IBC-Acceptable-as-Exist-of-Financial-Debt-and-Default-NCLT-TAXSCAN.jpg "CIRP Cannot be Shield to Corporate Applicant to avoid Legally Recoverable Government Obligations: NCLT [Read Order]")
IBBI Notifies Launch of Revised forms for CIRP: Existing 9 forms Consolidated to 5 Simplified Forms - Find Forms Here! [Read Circular]
The Insolvency and Bankruptcy Board of India (IBBI) has notified the launch of a new set of Corporate Insolvency Resolution Process (CIRP) forms in a bid to simplify and streamline the process for...
Adjudicating Authority cannot Reject Plan Based on Valuation Report When No Objections were Raised by Stakeholders: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi has held that when no objection to the valuation conducted of the Corporate Debtor was raised by any stakeholders, it was not open for...
![Adjudicating Authority cannot Reject Plan Based on Valuation Report When No Objections were Raised by Stakeholders: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Adjudicating-Authority-Reject-Plan-Based-on-Valuation-Report-Valuation-Report-taxscan.jpg "Adjudicating Authority cannot Reject Plan Based on Valuation Report When No Objections were Raised by Stakeholders: NCLAT [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)...
Interim Resolution Professional Can Take Possession of Assets Owned by Corporate Debtor: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that the Interim Resolution Professional (IRP) is well within his authority under Section 18(1)(f) of the...
![Interim Resolution Professional Can Take Possession of Assets Owned by Corporate Debtor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Interim-Resolution-Professional-Interim-Resolution-Corporate-Debtor-taxscan.jpg "Interim Resolution Professional Can Take Possession of Assets Owned by Corporate Debtor: NCLAT [Read Order]")
Inadvertent Typographical Errors in NCLT Orders can be Corrected u/r 154 of NCLT Rules: NCLAT [Read Order]
In a recent case, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that inadvertent typographical errors in the orders passed by the National Company Law Tribunal...
![Inadvertent Typographical Errors in NCLT Orders can be Corrected u/r 154 of NCLT Rules: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-NCLT-Orders-NCLT-Rules-taxscan.jpg "Inadvertent Typographical Errors in NCLT Orders can be Corrected u/r 154 of NCLT Rules: NCLAT [Read Order]")