![Supreme Court Orders Partial Restoration of PMLA-Attached Properties to Protect Home Buyers in Udaipur Entertainment Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102383-homebuyers-sc-taxscan.webp "Supreme Court Orders Partial Restoration of PMLA-Attached Properties to Protect Home Buyers in Udaipur Entertainment Case [Read Order]")
Supreme Court Orders Partial Restoration of PMLA-Attached Properties to Protect Home Buyers in Udaipur Entertainment Case [Read Order]
In a significant order balancing the objectives of the Insolvency and Bankruptcy Code (IBC) and the Prevention of Money Laundering Act (PMLA), the...
![Preference Shareholders Not Financial Creditors Under IBC: Supreme Court Upholds NCLAT Verdict in EPC Constructions [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/250x150_2102379-shareholders-ibc-sc-taxscan.webp "Preference Shareholders Not Financial Creditors Under IBC: Supreme Court Upholds NCLAT Verdict in EPC Constructions [Read Order]")
![NCLT Initiates Insolvency against Labhanshi Multitrade Over Rs. 1.17 Crore Default [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/250x150_2101500-ncl-insolvency-taxscan.webp "NCLT Initiates Insolvency against Labhanshi Multitrade Over Rs. 1.17 Crore Default [Read Order]")
![NCLAT dismisses Wadhawans Appeal, Upholds Insolvency Proceedings against PPIL [Read Order]](https://images.taxscan.in/h-upload/2025/10/28/250x150_2100437-nclat-dismisses-wadhawan-appeal-upholds-insolvency-proceedings-ppil-taxscan.webp "NCLAT dismisses Wadhawans Appeal, Upholds Insolvency Proceedings against PPIL [Read Order]")
![NCLT Sanctions Resolution Plan u/s 30(6) After NCLAT Upholds Asset Valuation and Creditor Protections u/s 30(2) [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/250x150_2099503-nclt-resolution-plan-taxscan.webp "NCLT Sanctions Resolution Plan u/s 30(6) After NCLAT Upholds Asset Valuation and Creditor Protections u/s 30(2) [Read Order]")
Directors Remain Criminally Liable for Dishonoured Cheques Despite Company Insolvency: Orissa HC [Read Order]
In a recent ruling, the Orissa High Court observed that directors of a company cannot escape criminal liability for cheque dishonour merely because the company has been declared insolvent. ...
![Directors Remain Criminally Liable for Dishonoured Cheques Despite Company Insolvency: Orissa HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/18/500x300_2097622-cheque-dishonoured-taxscan.webp "Directors Remain Criminally Liable for Dishonoured Cheques Despite Company Insolvency: Orissa HC [Read Order]")
NCLAT dismisses personal guarantors' appeals against Bank of Baroda, upholds lower court's direction for document inspection [Read Order]
In a recent ruling, the National Company Law Appellate Tribunal (NCLAT) dismissed appeals filed by personal guarantors, upholding the National Company Law Tribunal's (NCLT) order that had...
![NCLAT dismisses personal guarantors appeals against Bank of Baroda, upholds lower courts direction for document inspection [Read Order]](https://images.taxscan.in/h-upload/2025/10/15/500x300_2096848-nclat-bank-of-baroda-taxscan.webp "NCLAT dismisses personal guarantors appeals against Bank of Baroda, upholds lower courts direction for document inspection [Read Order]")
IBC Moratorium Not a Shield for Directors in Cheque Bounce Cases: Bombay HC Sets Aside Discharge Order [Read Order]
In a recent ruling, the Bombay High Court held that the moratorium imposed under the Insolvency and Bankruptcy Code, 2016 (IBC) does not bar criminal proceedings against natural persons, such as...
![IBC Moratorium Not a Shield for Directors in Cheque Bounce Cases: Bombay HC Sets Aside Discharge Order [Read Order]](https://images.taxscan.in/h-upload/2025/10/13/500x300_2096058-cheque-bounce-case-taxscan.webp "IBC Moratorium Not a Shield for Directors in Cheque Bounce Cases: Bombay HC Sets Aside Discharge Order [Read Order]")
IBBI Cannot issue General Circular to Bar RP Appointment u/s 34(4)(b) of IBC: NCLAT Sets aside NCLT Order [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi, has allowed an appeal filed by Resolution Professional of Rajesh Landmark Projects Private Limited by setting aside the NCLT order ...
![IBBI Cannot issue General Circular to Bar RP Appointment u/s 34(4)(b) of IBC: NCLAT Sets aside NCLT Order [Read Order]](https://images.taxscan.in/h-upload/2025/10/09/500x300_2095228-nclat-new-delhi-nclt-order-ibbi-taxscan.webp "IBBI Cannot issue General Circular to Bar RP Appointment u/s 34(4)(b) of IBC: NCLAT Sets aside NCLT Order [Read Order]")
Part Payment by Corporate Debtor Extends Limitation Period for Filing Insolvency Application: NCLAT [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) at New Delhi recently ruled that a part payment made by the corporate debtor to the operational creditor against the total...
![Part Payment by Corporate Debtor Extends Limitation Period for Filing Insolvency Application: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/06/500x300_2094456-nclat-corporate-debtor-part-payment-taxscan.webp "Part Payment by Corporate Debtor Extends Limitation Period for Filing Insolvency Application: NCLAT [Read Order]")
Employees’ State Insurance Amount Lying with Corporate Debtor Not Part of Liquidation Estate: NCLAT [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) at New Delhi recently clarified that the Employees' State Insurance (ESI) amount lying with a corporate debtor during...
![Employees’ State Insurance Amount Lying with Corporate Debtor Not Part of Liquidation Estate: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094498-nclat-liquidation-taxscan.webp "Employees’ State Insurance Amount Lying with Corporate Debtor Not Part of Liquidation Estate: NCLAT [Read Order]")
Discretionary right of Tribunal under IBC cannot be used to Impel Financial Creditor to consider Settlement: NCLT [Read Order]
The Chennai bench of the National Company Law Tribunal (NCLT) has held that the discretionary right of the tribunal under the Insolvency and Bankruptcy Code (IBC), 2016 cannot be used to Impel...
![Discretionary right of Tribunal under IBC cannot be used to Impel Financial Creditor to consider Settlement: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/500x300_2092467-ibc-nclat.webp "Discretionary right of Tribunal under IBC cannot be used to Impel Financial Creditor to consider Settlement: NCLT [Read Order]")