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Related Party Nexus Between Financial Creditor and Corporate Debtor Pierces Corporate Veil: NCLAT Recall S. 7 Admission Order [Read Order]

In a recent ruling, the National Company Law Appelate Tribunal (NCLAT), New Delhi bench, recalled its earlier admississon ofa section 7 insolvency...

ED Arrests Former Reliance Communications Director Punit Garg in ₹40,000 Crore Bank Fraud Probe

No Fraud Proved against Erstwhile Director of Insolvent Company: Calcutta HC Quashes SFIO Look Out...

NCLT Holds CGST Superintendent Guilty of Contempt on Account of Non‑Compliance with Refund...

Annual Corporate Law Case Digests : NCLAT Rulings of 2025 (Part 8)

Failure to Implement Resolution Plan: NCLT Dismisses SRA’s Plea to Treat ₹350 Crore as CIRP Cost in Jet Airways Liquidation [Read Order]

The Mumbai bench of the National Company Law Tribunal (NCLT) has dismissed the special resolution applicant's (SRA) plea to treat Rs 350 cr as the Corporate Insolvency Resolution Process (CIRP)...

Corporate Law Case Digest: Key NCLT Rulings of 2025 [Part 1]

"IBC code" most commonly refers to India's Insolvency and Bankruptcy Code, 2016, an act that consolidates and amends laws for the time-bound resolution of insolvency for corporate bodies, firms, ...

NCLT Rules Electricity as "Essential Supply" u/s 14(2) IBC, Bars Disconnection for Non-Payment of Pre-CIRP Dues by Hotel [Read Order]

The National Company Law Tribunal has ruled that electricity is an essential supply under section 14(2) of the Insolvency and Bankruptcy Code,2016, and it has also barred the disconnection of...

Supreme Court & High Courts Weekly Round-Up

This weekly round-up analytically summarises the key stories related to the Supreme Court & High Courts reported at Taxscan.in during the previous week, from December 28, 2025 to January 03,...

IBC Fraudulent Trading: NCLAT Directs Suspended Director to Contribute ₹8.71 Crore with 12% Interest to Corporate Debtor [Read Order]

https://www.taxscan.in/tags/national-company-law-tribunal The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, upheld the National Company Law Tribunal (NCLT) order...

NCLAT Sets Aside Private Sale of Corporate Power Ltd, Directs Liquidator to Hold Fresh Swiss Challenge Auction with EMD Capped at 10% of ₹265 Cr Reserve Price

The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has issued a significant ruling in the liquidation of Corporate Power Limited (CPL), setting aside the earlier...

Statutory Dues Not in Approved Resolution Plan Stand Extinguished: CESTAT Dismisses Appeal, Ruling Dept. Participated in NCLT Proceedings [Read Order]

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has dismissed the revenue department’s appeal and held that statutory dues that are not included in an approved ...