![Petition u/s 7 of IBC cannot be barred merely because of pending consideration of OTS before Lenders: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/11/2085514-ibc-ots-nclat-taxscan.webp "Petition u/s 7 of IBC cannot be barred merely because of pending consideration of OTS before Lenders: NCLAT [Read Order]")
Petition u/s 7 of IBC cannot be barred merely because of pending consideration of OTS before Lenders: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench has held that the mere fact that a corporate debtor's One Time Settlement (OTS)...
![Application u/s 95 of IBC Filed after Expiry of 3 years Barred by Limitation: NCLAT Dismisses Appeal of IDBI Bank [Read Order]](https://images.taxscan.in/h-upload/2025/09/09/2085007-ibc-nclat-idbi-bank-section-95-of-ibc-expiry-of-3-years-barre-taxscan.webp "Application u/s 95 of IBC Filed after Expiry of 3 years Barred by Limitation: NCLAT Dismisses Appeal of IDBI Bank [Read Order]")
![SEBI Issues Framework for Orderly Surrender and Winding Down of KYC Registration Agencies [Read Circular]](https://images.taxscan.in/h-upload/2025/09/08/2084684-sebi-taxscan.webp "SEBI Issues Framework for Orderly Surrender and Winding Down of KYC Registration Agencies [Read Circular]")
![No concept of “provisional constitution” of CoC under IBC: NCLAT Dismisses Byjus Plea [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/2078891-byjus-plea-taxscan.webp "No concept of “provisional constitution” of CoC under IBC: NCLAT Dismisses Byjus Plea [Read Order]")
![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/2025/08/18/2077865-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/2025/08/18/2077863-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]
The National Company Law Appellate Tribunal (NCLAT) has upheld the National Company Law Tribunal’s (NCLT) decision dismissing an insolvency application filed under Section 9 of the Insolvencyand...
![NCLAT Dismisses Insolvency Plea Over Export Dispute: Cites Pre-Existing Contractual Issues [Read Order]](https://images.taxscan.in/h-upload/2025/08/02/2072236-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]
The Allahabad high court held that protection of Insolvency Bankruptcy Code (IBC), 2016 is only applicable to corporate debtors and not to persons who draw cheques in Individual capacity. The court...
![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/2025/08/01/2072117-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/2025/08/01/2071982-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/2025/08/01/2071830-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/2025/07/31/2071559-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/2025/07/30/2070852-ibc-nclt-mca-taxscan.webp "6988 pending IBC Cases, No proposal to increase NCLT Bench: MCA responds [Read Answer]")