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![No Procedural Lapse by Resolution Professional: NCLAT Upholds Order Rejecting Repayment Plans of Guarantors [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/500x300_2111276-nclat-chennai-resolution-professional-repayment-plans-guarantors-no-procedural-lapse-order-reject-taxscan.webp "No Procedural Lapse by Resolution Professional: NCLAT Upholds Order Rejecting Repayment Plans of Guarantors [Read Order]")
No Procedural Lapse by Resolution Professional: NCLAT Upholds Order Rejecting Repayment Plans of Guarantors [Read Order]
The National Company Law Appellate Tribunal (NCLAT) at Chennai has upheld the rejection of repayment plans submitted by personal guarantors...
![Suspended Directors Have No Right to Valuation Reports Rejected by COC u/s 24 of IBC: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/13/250x150_2111901-suspended-directors-no-right-valuation-reports-rejected-coc-ibc-nclat-taxscan.webp "Suspended Directors Have No Right to Valuation Reports Rejected by COC u/s 24 of IBC: NCLAT [Read Order]")
![Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/19/250x150_2113247-benami-attachment-cannot-breach-impregnable-firewall-nclt-approved-resolution-plan-taxscan.webp "Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]")
S 32A of IBC Bars Action against CD’s Property for Pre‑CIRP Offences: Madras HC Blocks Benami Attachment
In a recent ruling on the interplay between the Insolvency and Bankruptcy Code, 2016 (IBC) and the Prohibition of Benami Property Transactions Act, 1988, (PBPT) the Madras High Court has held that...
![No Time Limitation for Section 66(1) Fraudulent Trading Actions: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/09/500x300_2111091-nclat-fraudulent-trading-no-time-limitation-taxscan.webp "No Time Limitation for Section 66(1) Fraudulent Trading Actions: NCLAT [Read Order]")
Pre- Existing Dispute Defence Mere "Moonshine": Supreme Court Restores CIRP Admission Against Engineering Company [Read Order]
The Supreme Court has restored the admission of a Section 9 Insolvencyand Bankruptcy Code (IBC) application filed by an appellant, holding that the corporate debtor failed to establish any bona fide...
![Pre- Existing Dispute Defence Mere Moonshine: Supreme Court Restores CIRP Admission Against Engineering Company [Read Order]](https://images.taxscan.in/h-upload/2025/12/16/500x300_2112636-supreme-court-restores-cirp-admission-against-engineering-company-taxscan.webp "Pre- Existing Dispute Defence Mere Moonshine: Supreme Court Restores CIRP Admission Against Engineering Company [Read Order]")
Absence of Sanction Letter as per RBI Guideline Does Not Invalidate Financial Debt, NCLAT Sets Aside NCLT Order Against NBFC [Read Order]
In a ruling that clarifies the interplay between RBI guidelines and the Insolvency andBankruptcy Code (IBC), the National Company Law Appellate Tribunal (NCLAT) has set aside the order of the...
![Absence of Sanction Letter as per RBI Guideline Does Not Invalidate Financial Debt, NCLAT Sets Aside NCLT Order Against NBFC [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/500x300_2112302-absence-sanction-letter-rbi-guideline-invalidate-financial-debt-nclat-nclt-order-against-nbfc-taxscan.webp "Absence of Sanction Letter as per RBI Guideline Does Not Invalidate Financial Debt, NCLAT Sets Aside NCLT Order Against NBFC [Read Order]")
![NCLAT affirms NCLTs Power to Declare Fraudulent Transactions Void [Read Order]](https://images.taxscan.in/h-upload/2025/12/09/500x300_2111085-nclat-nclt-fraudulant-transactions-void-taxscan.webp "NCLAT affirms NCLTs Power to Declare Fraudulent Transactions Void [Read Order]")
![Annual Tax & Corporate Law Digest 2025: Complete Supreme Court Cases [Part II]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112795-annual-tax-corporate-law-digest-2025-complete-supreme-court-cases-part-2-taxscan.webp "Annual Tax & Corporate Law Digest 2025: Complete Supreme Court Cases [Part II]")
![Annual Tax & Corporate Law Digest 2025: Complete Supreme Court Cases [Part I]](https://images.taxscan.in/h-upload/2025/12/16/500x300_2112523-annual-tax-corporate-law-digest-2025-complete-supreme-court-cases-taxscan.webp "Annual Tax & Corporate Law Digest 2025: Complete Supreme Court Cases [Part I]")