![Relief for UBI: NCLT Declares Former DHFL Chairman Bankrupt Over Rs. 4,546 Crore DHFL Debt [Read Order]](https://images.taxscan.in/h-upload/2025/08/28/500x300_2081311-2059368-union-bank-india-taxscan.webp "Relief for UBI: NCLT Declares Former DHFL Chairman Bankrupt Over Rs. 4,546 Crore DHFL Debt [Read Order]")
Relief for UBI: NCLT Declares Former DHFL Chairman Bankrupt Over Rs. 4,546 Crore DHFL Debt [Read Order]
The Mumbai bench of National Company Law Tribunal, declared the personal guarantor, the former chairman of the Dewan Housing Finance Corporation...
![NCLT Member Refuses to Hear Petition after being Approached by Most Revered member of Higher Judiciary” to Favour a Party [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/250x150_2080653-nclat-case-digest-on-nclat-under-ibc-nclat-case-digest-taxscan.webp "NCLT Member Refuses to Hear Petition after being Approached by Most Revered member of Higher Judiciary” to Favour a Party [Read Order]")
![Commercial Tax Dept is Secured Creditor under IBC: Madras HC Directs Auction Purchaser to Recover Purchase Price from CD and Remit for VAT Dues [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/250x150_2079014-commercial-tax-dept-secured-creditor-ibc-madras-hc-auction-taxscan.webp "Commercial Tax Dept is Secured Creditor under IBC: Madras HC Directs Auction Purchaser to Recover Purchase Price from CD and Remit for VAT Dues [Read Order]")
![Provisions of moratorium Not applicable to transactions which might be notified by Central Government: NCLT admits Insolvency Application [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/250x150_2077891-nclt-admits-insolvency-apllication-nclt-insolvency-apllication-taxscan.webp "Provisions of moratorium Not applicable to transactions which might be notified by Central Government: NCLT admits Insolvency Application [Read Order]")
![NCLT Admits IBC Plea against Palchan Bhang Power for Default in Repaying ₹5.7 Cr over 10-Year Interest-Free Period [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/250x150_2077865-nclt-ibc-palchan-bhang-power-taxscan.webp "NCLT Admits IBC Plea against Palchan Bhang Power for Default in Repaying ₹5.7 Cr over 10-Year Interest-Free Period [Read Order]")
Any award passed by an Arbitrator unilaterally appointed is Invalid: Delhi HC Sets aside Arbitral Award passed on Liquidated Company [Read Order]
The Delhi High Court has held that any award passed by an arbitrator unilaterally appointed is invalid and set aside the Arbitral Award passed on the liquidated company. Sandeep Mahajan, the...
![Any award passed by an Arbitrator unilaterally appointed is Invalid: Delhi HC Sets aside Arbitral Award passed on Liquidated Company [Read Order]](https://images.taxscan.in/h-upload/2025/08/04/500x300_2072820-arbitrator-appointment.webp "Any award passed by an Arbitrator unilaterally appointed is Invalid: Delhi HC Sets aside Arbitral Award passed on Liquidated Company [Read Order]")
![Section 14 of IBC does not bar classification of account of CD during pendency of CIRP: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071982-section-14-of-ibc-act-ibc-ibc-does-not-bar-classification-bar-classification-taxscan.webp "Section 14 of IBC does not bar classification of account of CD during pendency of CIRP: NCLT [Read Order]")
Delhi HC Permits RP to Convene CoC Meeting Pending NCLT Proceedings, Directs to Make Decision Subject to Tribunal Decision [Read Order]
The High Court of Delhi, permits Resolution Professional (RP ) to convene 39th CoC meeting despite the petitioner’s objection citing a pending National Company Law Tribunal (NCLT) application, but...
![Delhi HC Permits RP to Convene CoC Meeting Pending NCLT Proceedings, Directs to Make Decision Subject to Tribunal Decision [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2072034-delhi-hc-coc-meeting-nclt-proceedings.webp "Delhi HC Permits RP to Convene CoC Meeting Pending NCLT Proceedings, Directs to Make Decision Subject to Tribunal Decision [Read Order]")
Challenge against invoke and encashing Bank Guarantee during Period of moratorium u/s 14 of IBC: Chhattisgarh HC dismisses petition citing pending Arbitration Proceedings [Read Order]
The Chhattisgarh High Court dismissed the petition that challenged the invocation of encashing a Bank guarantee during the period of moratorium under Section 14 of the Insolvency and Bankruptcy Code...
![Challenge against invoke and encashing Bank Guarantee during Period of moratorium u/s 14 of IBC: Chhattisgarh HC dismisses petition citing pending Arbitration Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071855-2062761-deposit-bank-guarantee-chhattisgarh-hc-taxscan.webp "Challenge against invoke and encashing Bank Guarantee during Period of moratorium u/s 14 of IBC: Chhattisgarh HC dismisses petition citing pending Arbitration Proceedings [Read Order]")
NCLAT Refuses to Interfere in Liquidation Process, Dismisses Suspended Director’s Appeal [Read Order]
The National Company Law Appellate Tribunal (NCLAT) dismissed an appeal filed by Mr. Rakesh Verma, the suspended director of a company under liquidation, reaffirming that once a company enters the ...
![NCLAT Refuses to Interfere in Liquidation Process, Dismisses Suspended Director’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/07/30/500x300_2070736-liquidation.webp "NCLAT Refuses to Interfere in Liquidation Process, Dismisses Suspended Director’s Appeal [Read Order]")
![6988 pending IBC Cases, No proposal to increase NCLT Bench: MCA responds [Read Answer]](https://images.taxscan.in/h-upload/2025/07/30/500x300_2070852-ibc-nclt-mca-taxscan.webp "6988 pending IBC Cases, No proposal to increase NCLT Bench: MCA responds [Read Answer]")
CESTAT dismisses Mittal Corp’s appeal despite CIRP Proceedings, upholds Excise Duty and Penalty for Clandestine Removal of Goods [Read Order]
The New Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has dismissed the appeal filed by Mittal Corp Limited, upholding the confirmation of Central Excise duty...
![CESTAT dismisses Mittal Corp’s appeal despite CIRP Proceedings, upholds Excise Duty and Penalty for Clandestine Removal of Goods [Read Order]](https://images.taxscan.in/h-upload/2025/07/22/500x300_2067550-cestat-dismisses-mittal-corps-appeal-cestat-mittal-corps-limited-taxscan.webp "CESTAT dismisses Mittal Corp’s appeal despite CIRP Proceedings, upholds Excise Duty and Penalty for Clandestine Removal of Goods [Read Order]")