![NCLAT Dismisses Indian Banks Appeal to Initiate Insolvency Proceedings Against MBL Infra Director [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050307-nclat-nclat-new-delhi-indian-banks-appeal-taxscan.webp "NCLAT Dismisses Indian Banks Appeal to Initiate Insolvency Proceedings Against MBL Infra Director [Read Order]")
NCLAT Dismisses Indian Bank's Appeal to Initiate Insolvency Proceedings Against MBL Infra Director [Read Order]
The Principal Bench, National Company Law Appellate Tribunal (NCLAT), New Delhi, has dismissed Indian Bank’s appeal challenging the NCLT’s...
![NCLAT Dismisses Appeal of Suspended Directors: Upholds ₹2.65 Cr Recovery Order of NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/250x150_2050316-nclat-nclat-new-delhi-appeal-dismissed-taxscan.webp "NCLAT Dismisses Appeal of Suspended Directors: Upholds ₹2.65 Cr Recovery Order of NCLT [Read Order]")
![Resolution Plan Approved by 83.46% Creditors Cannot Be Challenged by Lone Homebuyer u/s 60(5) of IBC [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2049889-resolution-plan-creditors-taxscan.webp "Resolution Plan Approved by 83.46% Creditors Cannot Be Challenged by Lone Homebuyer u/s 60(5) of IBC [Read Order]")
NCLAT Dismisses Appeal by Suspended Company Director: Upholds Insolvency Against the Company [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has upheld the order of the Mumbai Bench of the NCLT that admitted a Section 7 petition against Future Ideas Company Ltd. The appeal, filed by ...
![NCLAT Dismisses Appeal by Suspended Company Director: Upholds Insolvency Against the Company [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2049810-nclat-appeal-taxscan.webp "NCLAT Dismisses Appeal by Suspended Company Director: Upholds Insolvency Against the Company [Read Order]")
When actions are already pending against same personal guarantor, a subsequent application u/s 95 IBC is barred: NCLAT [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has ruled that if one Financial Creditor has already filed an application under Section 95 of the Insolvency and Bankruptcy...
![When actions are already pending against same personal guarantor, a subsequent application u/s 95 IBC is barred: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/11/500x300_2042310-nclat-nclat-chennai-personal-guarantor-taxscan.webp "When actions are already pending against same personal guarantor, a subsequent application u/s 95 IBC is barred: NCLAT [Read Order]")
Failure to File Claim with Liquidator Renders Appeal Infructuous: CESTAT Reaffirms Finality of IBC Resolution Plan [Read Order]
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) recently observed that an appeal would stand abated, holding that the service tax appeal was infructuous due to...
![Failure to File Claim with Liquidator Renders Appeal Infructuous: CESTAT Reaffirms Finality of IBC Resolution Plan [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041799-liquidator-renders-appeal-ibc-cestat-taxscan.webp "Failure to File Claim with Liquidator Renders Appeal Infructuous: CESTAT Reaffirms Finality of IBC Resolution Plan [Read Order]")
Filing petition u/s 7 of IBC not barred by Majority's Consideration of Debt Restructuring with corporate debtor: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) New Delhi has held that a member may individually file for bankruptcy under Section 7 of the Insolvency and Bankruptcy Code, 2016 (Code) even...
![Filing petition u/s 7 of IBC not barred by Majoritys Consideration of Debt Restructuring with corporate debtor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/corporate-debtor-IBC-Filing-petition-of-IBC-taxscan.jpg "Filing petition u/s 7 of IBC not barred by Majoritys Consideration of Debt Restructuring with corporate debtor: NCLAT [Read Order]")
State can be Secured Creditor under IBC Due to Statutory Charge Created u/s 48 of GVAT Act: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) in New Delhi ruled that the State's debts should be treated as secured creditors under Section 53 of the Insolvency and Bankruptcy Code, 2016...
![State can be Secured Creditor under IBC Due to Statutory Charge Created u/s 48 of GVAT Act: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-IBC.jpg "State can be Secured Creditor under IBC Due to Statutory Charge Created u/s 48 of GVAT Act: NCLAT [Read Order]")
Operational Creditor cannot initiate Insolvency Proceedings When Complaints Regarding Defects Remain Unresolved: NCLT rules against Schneider Electric India Pvt. Ltd. [Read Order]
In a ruling against Schneider Electric India Pvt. Ltd., the National Company Law Tribunal (NCLT), New Delhi bench has held that an Operational Creditor cannot initiate insolvency proceedings against...
![Operational Creditor cannot initiate Insolvency Proceedings When Complaints Regarding Defects Remain Unresolved: NCLT rules against Schneider Electric India Pvt. Ltd. [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Schneider-Electric-India-Pvt.-Ltd-.jpg "Operational Creditor cannot initiate Insolvency Proceedings When Complaints Regarding Defects Remain Unresolved: NCLT rules against Schneider Electric India Pvt. Ltd. [Read Order]")