Penalty Imposed By TRAI to be Recovered as Per Scheme Of IBC: NCLAT [Read Order]
The New Delhi bench of National Company Law Appellate Tribunal (NCLAT ) held that the IBC being a special statute shall prevail over the TRAI Act...
Dissolution Of Corporate Debtor u/s 54 of IBC can be Sought after Complete Liquidation: NCLAT [Read Order]
In a significant case, the New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the scheme of the Insolvency Bankruptcy Code ( IBC ), 2016 clearly provides that...
Dissenting Financial Creditor only entitled to Liquidation Value of Secured Interest u/s 30(2)(b) of IBC: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has held that as per Section 30(2)(b) of the Insolvency and Bankruptcy Code, 2016, a dissenting financial creditor is only...
![Look-Back Period Cannot Be Extended Beyond 2 year Limit u/s 43(4) Of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/NCLAT-NCLAT-New-Delhi-IBC-National-Company-Law-Appellate-Tribunal-Insolvency-and-Bankruptcy-Code-Look-Back-Period-year-Limit-TAXSCAN.jpg "Look-Back Period Cannot Be Extended Beyond 2 year Limit u/s 43(4) Of IBC: NCLAT [Read Order]")
NCLAT dismisses Petition u/s 95 of IBC filed Merely to Thwart Arbitral Proceedings already Initiated [Read Order]
The New Delhi Principal bench of the National Company Law Appellate Tribunal (NCLAT) held that petition under section 95 of the Insolvency and Bankruptcy Code (IBC) cannot be maintained if it is...
RP cannot accept any claim after Lapse of Extended Period of 90 days of Insolvency Commencement Date: NCLAT [Read Order]
In a significant case, the Principal bench of National Company Law Appellate Tribunal ( NCLAT ), held that Resolution Professional ( RP ) cannot accept any claim after the lapse of extended period of...
