![Pre-CIRP Electricity Dues Expires on Approval of Resolution Plan under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Pre-CIRP-Electricity-Dues-Expires-Approval-Resolution-Plan-under-IBC-NCLAT-TAXSCAN.jpg "Pre-CIRP Electricity Dues Expires on Approval of Resolution Plan under IBC: NCLAT [Read Order]")
Pre-CIRP Electricity Dues Expires on Approval of Resolution Plan under IBC: NCLAT [Read Order]
The bench of the National Company Law Appellate Tribunal (NCLAT) has reaffirmed that all claims that are not covered by the Resolution Plan that has...
![Insolvency Application against Personal Guarantor is Maintainable u/s 60(1) of IBC even in Absence of Pending CIRP against CD: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Insolvency-Application-Personal-Guarantor-IBC-Absence-Pending-CIRP-CD-NCLAT-taxscan.jpg "Insolvency Application against Personal Guarantor is Maintainable u/s 60(1) of IBC even in Absence of Pending CIRP against CD: NCLAT [Read Order]")
![Orders Obtained through Fraud may be Recalled by Adjudicating Authority u/r 11 of the NCLT Rules: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-Rule-11-of-NCLT-Orders-Obtained-through-Fraud-NCLAT-on-fraudulent-orders-recall-TAXSCAN.jpg "Orders Obtained through Fraud may be Recalled by Adjudicating Authority u/r 11 of the NCLT Rules: NCLAT [Read Order]")
Rejection of Interlocutory Application for Incomplete Process Memorandum: NCLAT Allows Appeal [Read Order]
The Chennai Bench of National Company Law Appellate Tribunal(NCLAT) allowed the applicant’s appeal against the National Company Law Tribunal(NCLT)’s September 13, 2024 order, which had rejected the...
Title to Immovable Property cannot be Transferred based on Unregistered Instrument: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) has ruled that as the property is listed in the corporate debtor's name, the liquidator has the power to seize the store....
Admissibility of Debt u/s 9 of IBC: NCLAT Quashes NCLT’s Rejection of CIRP Proceedings [Read Order]
The Chennai Bench of National Company Law Appellate tribunal ( NCLAT ) quashed the National Company Law Tribunal ( NCLT )’s rejection of the admissibility of debt under Section 9 of the Insolvency...
NCLAT directs Payment of Rs.6.49 Lakh to IRP u/s 7 of IBC for Additional 53 Days of Service beyond initial term [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal ( NCLAT ) directed Canara Bank to pay Rs.6.49 lakh to the appellant, the Interim Resolution Professional ( IRP ) under Section 7 of...
TATA Steel Took Over Bhushan Steel: CESTAT Clarifies Appeals Are Abated Post RP Approval By NCLT Under IBC, It Becomes Functus Officio [Read Order]
The Hyderabad Bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) clarified that appeals abate and the tribunal becomes functus officio ( devoid of authority ) once a...
![TATA Steel Took Over Bhushan Steel: CESTAT Clarifies Appeals Are Abated Post RP Approval By NCLT Under IBC, It Becomes Functus Officio [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/TATA-Steel-Bhushan-Steel-Appeals-abated-taxscan.jpg "TATA Steel Took Over Bhushan Steel: CESTAT Clarifies Appeals Are Abated Post RP Approval By NCLT Under IBC, It Becomes Functus Officio [Read Order]")
Application u/s 9 Of IBC Cannot Be Admitted For Invoices Covered By Prohibited Period under IBC: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has held that application under section 9 of the Insolvency and Bankruptcy code ( IBC ), 2016 cannot be admitted for the...
