![Shareholder Has Locus to Challenge Collusive CIRP: NCLAT Holds “Any Person Aggrieved” u/s 61 Must Be Read Widely, Distinguishes Park Energy Case [Read Order]](https://images.taxscan.in/h-upload/2025/12/19/500x300_2113269-shareholder-cirp-nclat-any-person-aggrieved-park-energy-case-taxscan.webp "Shareholder Has Locus to Challenge Collusive CIRP: NCLAT Holds “Any Person Aggrieved” u/s 61 Must Be Read Widely, Distinguishes Park Energy Case [Read Order]")
Shareholder Has Locus to Challenge Collusive CIRP: NCLAT Holds “Any Person Aggrieved” u/s 61 Must Be Read Widely, Distinguishes Park Energy Case [Read Order]
The National Company Law Appellate Tribunal (NCLAT), New Delhi, has delivered a detailed and consequential judgment holding that shareholders can be...
![Post‑Dated Cheques Amount to Acknowledgement of Unpaid Financial Debt: NCLAT Sets Aside NCLT Order Against NBFC [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/250x150_2112283-post-dated-cheques-amount-acknowledgement-unpaid-financial-debt-nclat-nclt-order-against-nbfc-taxscan.webp "Post‑Dated Cheques Amount to Acknowledgement of Unpaid Financial Debt: NCLAT Sets Aside NCLT Order Against NBFC [Read Order]")
![S.19 of Contempt of Courts Act Limited to Punishment Orders: NCLAT Rejects Appeal Against Dismissal of Contempt [Read Order]](https://images.taxscan.in/h-upload/2025/12/06/250x150_2110603-nclat-rejects-appeal-taxscan.jfif "S.19 of Contempt of Courts Act Limited to Punishment Orders: NCLAT Rejects Appeal Against Dismissal of Contempt [Read Order]")
![NCLAT upholds ₹36.53 Crore Liability against Former Directors in Fraudulent Trading Case [Read Order]](https://images.taxscan.in/h-upload/2025/12/07/500x300_2110721-nclat-upholds-liability-former-directors-fraudulent-trading-case.webp "NCLAT upholds ₹36.53 Crore Liability against Former Directors in Fraudulent Trading Case [Read Order]")
Forgery Allegations on Subsequent Guarantees Cannot Discharge an Earlier Continuing Guarantee: NCLAT Upholds SBI’s Section 95 Petition [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ), Principal Bench, New Delhi, has upheld the initiation of insolvency resolution proceedings against a personal guarantor under Section 95 of...
![Forgery Allegations on Subsequent Guarantees Cannot Discharge an Earlier Continuing Guarantee: NCLAT Upholds SBI’s Section 95 Petition [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/500x300_2108733-forgery-allegations-subsequent-discharge-guarantee-nclat-upholds-sbi-taxscan.webp "Forgery Allegations on Subsequent Guarantees Cannot Discharge an Earlier Continuing Guarantee: NCLAT Upholds SBI’s Section 95 Petition [Read Order]")
![Contractor accepting Flats as Payment Cannot be Reclassified as a Financial Creditor: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/500x300_2108811-flat-contracting-taxscan.jfif "Contractor accepting Flats as Payment Cannot be Reclassified as a Financial Creditor: NCLT [Read Order]")
SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order]
The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted an application to initiate the insolvency resolution process against a personal guarantor, holding that a notice issued under the...
![SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order]](https://images.taxscan.in/h-upload/2025/12/01/500x300_2109238-sarfaesi-deemed-valid-invocation-nclt-insolvency-personal-guarantor-taxscan.webp "SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order]")
Supreme Court upholds Partial Recovery through IBC Liquidation by Sriram City Union Finance, directs to pay 24% Interest on Loans [Read Order]
The Supreme Court has dismissed an appeal filed by Sri Lakshmi Hotels Pvt. Limited against an arbitral award requiring them to pay 24% interest on loans taken from Sriram City Union Finance Ltd., ...
![Supreme Court upholds Partial Recovery through IBC Liquidation by Sriram City Union Finance, directs to pay 24% Interest on Loans [Read Order]](https://images.taxscan.in/h-upload/2025/12/04/500x300_2110171-supreme-court-ibc-liquidation-sriram-city-union-finance-interest-loans-taxscan.webp "Supreme Court upholds Partial Recovery through IBC Liquidation by Sriram City Union Finance, directs to pay 24% Interest on Loans [Read Order]")
Redevelopment Rights Not 'Assets' Under IBC if Agreement Lawfully Terminated Before Insolvency: SC [Read Order]
The Supreme Court has dismissed an appeal filed by a developer, which is undergoing corporate insolvency resolution, challenging a Bombay High Court order that permitted a housing society to appoint...
![Redevelopment Rights Not Assets Under IBC if Agreement Lawfully Terminated Before Insolvency: SC [Read Order]](https://images.taxscan.in/h-upload/2025/12/01/500x300_2109264-ibc-supreme-court-taxscan.jfif "Redevelopment Rights Not Assets Under IBC if Agreement Lawfully Terminated Before Insolvency: SC [Read Order]")