![Tripartite Loan to Homebuyers Not Financial Debt of Builder: NCLAT Upholds RP’s Rejection of UCO Bank’s ₹18.82 Cr Claim [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107221-nclat-rp-rejection-uco-bank-taxscan.webp "Tripartite Loan to Homebuyers Not Financial Debt of Builder: NCLAT Upholds RP’s Rejection of UCO Bank’s ₹18.82 Cr Claim [Read Order]")
Tripartite Loan to Homebuyers Not Financial Debt of Builder: NCLAT Upholds RP’s Rejection of UCO Bank’s ₹18.82 Cr Claim [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has dismissed appeals filed by UCO Bank challenging the rejection...
![Financial assistance given by Adhunik Corporation ltd can be treated as Financial Debt citing Element of Commercial Effect of Borrowing: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/27/250x150_2080930-financial-assistance-adhunik-corporation-ltd-financial-debt-nclt-taxscan.webp "Financial assistance given by Adhunik Corporation ltd can be treated as Financial Debt citing Element of Commercial Effect of Borrowing: NCLT [Read Order]")
![Customer Contracts and Assembled Workforce are “Intangible Assets”: ITAT Allows Genpact’s Depreciation Claim on Acquisition of Debt Collection Firm Acquisition in 2010 [Read Order]](https://images.taxscan.in/h-upload/2025/06/12/250x150_2043224-itat-delhi-intangible-assets-taxscan.webp "Customer Contracts and Assembled Workforce are “Intangible Assets”: ITAT Allows Genpact’s Depreciation Claim on Acquisition of Debt Collection Firm Acquisition in 2010 [Read Order]")
![Establishment of Financial Debt does not precluded due to Absence of Formal Written Agreement: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/06/04/250x150_2041174-financial-debt-nclt-taxscan.webp "Establishment of Financial Debt does not precluded due to Absence of Formal Written Agreement: NCLT [Read Order]")
Deposit of Security under Memorandum of Understanding in absence of Effect of Borrowing Cannot be Categorised as Financial Debt: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT) has ruled that, in accordance with section 5(8) of the Insolvency and Bankruptcy Code, 2016 ( C ), the security amount...
![Deposit of Security under Memorandum of Understanding in absence of Effect of Borrowing Cannot be Categorised as Financial Debt: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-Financial-Debt-Deposit-of-Security-taxscan.jpg "Deposit of Security under Memorandum of Understanding in absence of Effect of Borrowing Cannot be Categorised as Financial Debt: NCLAT [Read Order]")
Application for Insolvency Proceedings against Corporate Debtor for Financial Debt and Default: NCLT admits Application [Read Order]
In a recent case, the National Company Law Tribunal ( NCLT ) admitted the has application for insolvency proceedings against a corporate debtor for financial debt and default. The Tribunal initiated...
CIRP process can be initiated when Financial Debt and default on part of Corporate Debtor has successfully proved: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the Corporate Insolvency Resolution Professional ( CIRP ) process could be initiated when financial debt and...
Homebuyers having order or Decree from RERA are allottees, required to comply with 2nd Proviso to Section 7(1) of IBC: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) observed that the homebuyers having order or Decree from the Real Estate Regulatory Authority ( RERA ) are allottees and...
Requirement of Satisfying Minimum Threshold will be Applicable to any Amount Raised from Allottee: NCLT [Read Order]
The Chandigarh Bench of the National Company Law Tribunal ( NCLT ) observed that the requirement of satisfying the minimum threshold will be applicable to any amount raised from allottee. The...
