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Section 14 of IBC does not bar classification of account of CD during pendency of CIRP: NCLT [Read Order]

The National Company Law Tribunal (NCLT) Mumbai bench held that section 14 of the Insolvency & Bankruptcy Code, 2016 does not bar such ...

Proceedings u/s 7 of IBC not valid when Financial Creditor already Received Pending Amount: NCLAT...

RTI Act Doesn’t Cover Opinions: IBBI Rejects RTI Appeals Seeking Legal Clarification on CIRP...

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:...

Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part I]

This Half Yearly Digest analytically summarises all the Supreme Court and High Court Tax Decisions in the First Half of 2025, as reported at Taxscan.in. Supreme Court Declares...

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 Upholds Fraud Finding Against Former Director: Orders ₹3.18 Cr Contribution for Sham Transactions [Read Order]

The National Company Law Appellate Tribunal (NCLAT) has upheld the NCLT’s order directing former director Mr. Gopal Kalra to contribute ₹3.18 crore to the assets of Easytech Global Pvt. Ltd. The...

NCLAT Upholds NCLT’s Condonation of 26 Days delay under IBC being Justiciable [Read Order]

The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) upheld the NCLT’s order condoning 26 days of delay in filing appeal under the Insolvency and Bankruptcy Code (IBC) being...

NCLAT Upholds Resolution Plan Providing Contingencies being lawful [Read Order]

The National Company Law Appellate Tribunal (NCLAT) has upheld the resolution plan providing contingencies being lawful. It was found that the plan complied with the CIRP Regulations, 2016, and...

NCLAT Sets Aside Status Quo Order in TIIPL Voluntary Liquidation; Affirms Shareholders’ Right to Replace Liquidator [Read Order]

The National Company Law Appellate Tribunal (NCLAT) has set aside a status quo order issued by the Adjudicating Authority, allowing the shareholders and directors of Transmissions International...