![No concept of “provisional constitution” of CoC under IBC: NCLAT Dismisses Byjus Plea [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2078891-byjus-plea-taxscan.webp "No concept of “provisional constitution” of CoC under IBC: NCLAT Dismisses Byjus Plea [Read Order]")
No concept of “provisional constitution” of CoC under IBC: NCLAT Dismisses Byju's Plea [Read Order]
The National Company Law Appellate Tribunal (NCLAT) Chennai bench has held that a Resolution Professional has no adjudicatory power under the...
![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]")
![DRT Directs to Admit Application filed by Financial Creditor u/s 126 (1) of IBC [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/250x150_2077863-drt-drt-directs-to-admit-application-application-filed-by-financial-creditor-taxscan.webp "DRT Directs to Admit Application filed by Financial Creditor u/s 126 (1) of IBC [Read Order]")
![NCLAT Dismisses Insolvency Plea Over Export Dispute: Cites Pre-Existing Contractual Issues [Read Order]](https://images.taxscan.in/h-upload/2025/08/02/250x150_2072236-nclat-insolvency-plea-taxscan.webp "NCLAT Dismisses Insolvency Plea Over Export Dispute: Cites Pre-Existing Contractual Issues [Read Order]")
![Protection of IBC is only applicable to corporate debtors and not to Person Who drawn cheque in Individual capacity: Allahabad HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2072117-individual-capacity-corporate-debtors-drawn-cheque-taxscan.webp "Protection of IBC is only applicable to corporate debtors and not to Person Who drawn cheque in Individual capacity: Allahabad HC [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]")
Proceedings u/s 7 of IBC not valid when Financial Creditor already Received Pending Amount: NCLAT [Read Order]
In a recent case, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT)has held that proceedings initiated under section 7 of the Insolvency Bankruptcy Code (IBC), 2016 is not...
![Proceedings u/s 7 of IBC not valid when Financial Creditor already Received Pending Amount: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071830-proceedings-ibc-financial-creditor-received-pending-amount-nclat-taxscan.webp "Proceedings u/s 7 of IBC not valid when Financial Creditor already Received Pending Amount: NCLAT [Read Order]")
RTI Act Doesn’t Cover Opinions: IBBI Rejects RTI Appeals Seeking Legal Clarification on CIRP Provisions [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) has dismissed two RTI appeals filed by appellant, who had sought detailed clarifications on provisions of the Insolvency and Bankruptcy Code ...
![RTI Act Doesn’t Cover Opinions: IBBI Rejects RTI Appeals Seeking Legal Clarification on CIRP Provisions [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071559-rti-act-cover-opinions-ibbi-rti-appeals-legal-clarification-cirp-provisions-taxscan.webp "RTI Act Doesn’t Cover Opinions: IBBI Rejects RTI Appeals Seeking Legal Clarification on CIRP Provisions [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]")
[BREAKING] Reliance Communications Loan gets flagged as “Fraud” by SEBI, SBI set to complain to CBI: Lok Sabha Answer by FinMin
A loan account of Reliance Communications Limited (RCOM), headed by Anil D. Ambani has been officially classified as "fraud" by the State Bank of India (SBI), with the matter now attracting...
![[BREAKING] Reliance Communications Loan gets flagged as “Fraud” by SEBI, SBI set to complain to CBI: Lok Sabha Answer by FinMin](https://images.taxscan.in/h-upload/2025/07/22/500x300_2067666-reliance-communications-1.webp "[BREAKING] Reliance Communications Loan gets flagged as “Fraud” by SEBI, SBI set to complain to CBI: Lok Sabha Answer by FinMin")
![Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part I]](https://images.taxscan.in/h-upload/2025/07/16/500x300_2064380-half-yearly-tax-digest-2025-supreme-court-high-court-cases-taxscan-.webp "Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part I]")
NCLAT Rejects Financial Creditor Claim as No Valid Guarantee Was Executed or Invoked Under IBC [Read Order]
The Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) held that the appellant failed to prove that a valid and binding corporate guarantee was executed by the corporate debtor and...
![NCLAT Rejects Financial Creditor Claim as No Valid Guarantee Was Executed or Invoked Under IBC [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063738-nclat-ibc-financial-creditor-taxscan.webp "NCLAT Rejects Financial Creditor Claim as No Valid Guarantee Was Executed or Invoked Under IBC [Read Order]")