![NCLT Member Refuses to Hear Petition after being Approached by Most Revered member of Higher Judiciary” to Favour a Party [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/500x300_2080653-nclat-case-digest-on-nclat-under-ibc-nclat-case-digest-taxscan.webp "NCLT Member Refuses to Hear Petition after being Approached by Most Revered member of Higher Judiciary” to Favour a Party [Read Order]")
NCLT Member Refuses to Hear Petition after being Approached by "Most Revered member of Higher Judiciary” to Favour a Party [Read Order]
In a recent order, the Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) has recorded that one of its members was approached by a...
![90-Day Time Limit under Regulation 2B for Completing Section 230 Scheme of Arrangement is Directory: NCLAT grants 90 More Days [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/250x150_2079168-2062469-nclat-fraud-finding-former-director-orders-contribution-sham-transactions-taxscan.webp "90-Day Time Limit under Regulation 2B for Completing Section 230 Scheme of Arrangement is Directory: NCLAT grants 90 More Days [Read Order]")
![No Power vested to adjudicate disputes w.r.t Copyright Violations of ‘Kaithi’ Movie or Contract Termination: NCLT rejects Application by Dream Warrior Pictures [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/250x150_2078928-nclt-kaithi-copyright-case-dream-warrior-pictures-taxscan.webp "No Power vested to adjudicate disputes w.r.t Copyright Violations of ‘Kaithi’ Movie or Contract Termination: NCLT rejects Application by Dream Warrior Pictures [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/2025/08/18/250x150_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]")
State Cannot Blacklist a Company After Approval of Resolution Plan: Tripura HC rules New Management Cannot Be Punished for Old Misdeeds [Read Order]
In a recent ruling, the Tripura High Court held that the State cannot blacklist a company after approval of a resolution plan under the Insolvency and Bankruptcy Code, and that the new management ...
![State Cannot Blacklist a Company After Approval of Resolution Plan: Tripura HC rules New Management Cannot Be Punished for Old Misdeeds [Read Order]](https://images.taxscan.in/h-upload/2025/08/16/500x300_2077485-resolution-plan-taxscan.webp "State Cannot Blacklist a Company After Approval of Resolution Plan: Tripura HC rules New Management Cannot Be Punished for Old Misdeeds [Read Order]")
Corporate Guarantee Invoked Not Protected u/s.10A IBC After Stipulated Period: NCLAT Dismisses Appeal in ₹104 Cr HDFC Bank Loan Dispute [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) at New Delhi recently dismissed an appeal, noting that a corporate guarantee invoked outside the stipulated suspension...
![Corporate Guarantee Invoked Not Protected u/s.10A IBC After Stipulated Period: NCLAT Dismisses Appeal in ₹104 Cr HDFC Bank Loan Dispute [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076497-corporate-guarantee-corporate-guarantee-invoked-taxscan.webp "Corporate Guarantee Invoked Not Protected u/s.10A IBC After Stipulated Period: NCLAT Dismisses Appeal in ₹104 Cr HDFC Bank Loan Dispute [Read Order]")
Cash Ledger Deposits by Liquidator Amounts to Valid Payment Despite Non-Filing of GST Returns: Madras HC quashes ₹1.02 Crore Demand [Read Order]
The Madurai bench of Madras High Court, in a recent ruling, quashed a GST ( Goods and Services Tax ) demand of ₹1.02 crore raised against a company under liquidation, holding that amounts deposited...
![Cash Ledger Deposits by Liquidator Amounts to Valid Payment Despite Non-Filing of GST Returns: Madras HC quashes ₹1.02 Crore Demand [Read Order]](https://images.taxscan.in/h-upload/2025/08/12/500x300_2076090-cash-ledger-deposits-cash-ledger-cash-ledger-deposits-by-liquidator-amounts-taxscan.webp "Cash Ledger Deposits by Liquidator Amounts to Valid Payment Despite Non-Filing of GST Returns: Madras HC quashes ₹1.02 Crore Demand [Read Order]")
Company’s Financial Default Clearly Established and Above Threshold u/s 4(1) of IBC: NCLT Admits Plea for Insolvency [Read Order]
The Mumbai Bench of the National Company Law Tribunal (NCLT) admitted a Section 10 application filed by NAC Advertising India Private Limited and initiated the Corporate Insolvency Resolution...
![Company’s Financial Default Clearly Established and Above Threshold u/s 4(1) of IBC: NCLT Admits Plea for Insolvency [Read Order]](https://images.taxscan.in/h-upload/2025/08/11/500x300_2075493-insolvency.webp "Company’s Financial Default Clearly Established and Above Threshold u/s 4(1) of IBC: NCLT Admits Plea for Insolvency [Read Order]")
Logistical and Financial Difficulties Not Enough to Excuse 172-Day Delay in Refiling: NCLAT [Read Order]
The Principal New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) ruled that logistical and financial difficulties are not enough to excuse a 172-day delay in refiling an appeal....
![Logistical and Financial Difficulties Not Enough to Excuse 172-Day Delay in Refiling: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/10/500x300_2075145-logistical-and-financial-difficulties-financial-difficulties-not-enough-to-excuse-delay-in-refiling-taxscan.webp "Logistical and Financial Difficulties Not Enough to Excuse 172-Day Delay in Refiling: NCLAT [Read Order]")
Notice sent Invoking Arbitration Agreement u/s 21 of Arbitration Act is Valid Invocation: Delhi HC [Read Order]
The Delhi High Court has held that notice sent invoking arbitration agreement under section 21 of Arbitration and Conciliation Act, 1996 is valid invocation and viewed that there was no requirement...
![Notice sent Invoking Arbitration Agreement u/s 21 of Arbitration Act is Valid Invocation: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/08/500x300_2074375-arbitration-agreement-taxscan.webp "Notice sent Invoking Arbitration Agreement u/s 21 of Arbitration Act is Valid Invocation: Delhi HC [Read Order]")
ICMAI Launches Research Project 2025: Grants up to ₹1.5 Lakh for IBC, Insolvency, SARFAESI & Related Laws
The Insolvency Professional Agency of the Institute of Cost Accountants of India ( ICMAI ) has launched the ‘Research Project Scheme 2025’, inviting research proposals to enhance the knowledge...
