ED raids Reliance Communications Office in Money Laundering Probe
The Enforcement Directorate (ED) conducted a search and seizure operation at the offices of Reliance Communications Limited in Navi Mumbai on July...
![Interpretation of going concern sale under Regulation 32 of Liquidation Process Regulations must align with S.53 of IBC: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/26/250x150_2069272-interpretation-regulation-32-of-liquidation-process-regulations-ibc-madras-hc-taxscan.webp "Interpretation of going concern sale under Regulation 32 of Liquidation Process Regulations must align with S.53 of IBC: Madras HC [Read Order]")
![S.95 IBC Plea Found Within Limitation Due to Debt Acknowledgment: Supreme Court Upholds NCLAT Ruling [Read Order]](https://images.taxscan.in/h-upload/2025/07/21/250x150_2067018-ibc-nclat-nclat-ruling-taxscan.webp "S.95 IBC Plea Found Within Limitation Due to Debt Acknowledgment: Supreme Court Upholds NCLAT Ruling [Read Order]")
![NCLAT Quashes Admission of Homebuyers’ Insolvency Plea, Holds Section 7 Application Deemed Withdrawn Under Amended IBC [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/250x150_2065648-nclat-home-buyer-insolvency-plea-exclusion-taxscan.webp "NCLAT Quashes Admission of Homebuyers’ Insolvency Plea, Holds Section 7 Application Deemed Withdrawn Under Amended IBC [Read Order]")
![MCA Appoints Law Secretary Dr. Anju Rathi Rana as Ex-Officio Member of Insolvency Board [Read Notification]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065421-mca-appoints-taxscan.webp "MCA Appoints Law Secretary Dr. Anju Rathi Rana as Ex-Officio Member of Insolvency Board [Read Notification]")
NCLAT Rejects Duplicate Claim by noting that Appellant Cannot Assert Same Debt in Two Proceedings Without Invocation or Disclosure [Read Order]
The Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) rejected the duplicate claim by noting that the appellant cannot assert the same debt in two proceedings without invocation or...
![NCLAT Rejects Duplicate Claim by noting that Appellant Cannot Assert Same Debt in Two Proceedings Without Invocation or Disclosure [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063800-nclat-nclat-rejects-duplicate-claim-duplicate-claim-duplicate-claim-by-noting-that-appellant-taxscan.webp "NCLAT Rejects Duplicate Claim by noting that Appellant Cannot Assert Same Debt in Two Proceedings Without Invocation or Disclosure [Read Order]")
NCLAT Rejects Appellant’s Corporate Guarantee Claim as Time-Barred, Holds 388-Day Delay Violates IBC S.12 [Read Order]
The Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) rejected the appellant’s corporate guarantee claim as time-barred and held that the 388-day delay violates the provisions of...
![NCLAT Rejects Appellant’s Corporate Guarantee Claim as Time-Barred, Holds 388-Day Delay Violates IBC S.12 [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063724-no-appeal-under-section-61-filed-against-an-order-nclat-not-covered-by-part-ii-of-i-b-code-part-ii-of-i-b-code-taxscan-2.webp "NCLAT Rejects Appellant’s Corporate Guarantee Claim as Time-Barred, Holds 388-Day Delay Violates IBC S.12 [Read Order]")
Default occurred beyond outer limit of S.10A of IBC, Insolvency Application can be files Afresh: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that when a default occurs beyond outer limit of Section 10A of Insolvency and Bankruptcy Code 2016 (‘IBC’), a...
![Default occurred beyond outer limit of S.10A of IBC, Insolvency Application can be files Afresh: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063622-no-appeal-under-section-61-filed-against-an-order-nclat-not-covered-by-part-ii-of-i-b-code-part-ii-of-i-b-code-taxscan-1.webp "Default occurred beyond outer limit of S.10A of IBC, Insolvency Application can be files Afresh: NCLAT [Read Order]")
![Second Demand Notice Issued u/s 8 of IBC amounts to Fresh Notice: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063551-notice-income-tax-act-assessee-shall-be-treated-as-void-ab-initio-void-ab-initio-itat-taxscan-1.webp "Second Demand Notice Issued u/s 8 of IBC amounts to Fresh Notice: NCLAT [Read Order]")
![Moratorium u/s 14 of IBC Does Not Bar EDs Provisional Attachment Under PMLA: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/12/500x300_2063061-moratorium-ibc-ed-provisional-attachment-under-pmla-nclat.webp "Moratorium u/s 14 of IBC Does Not Bar EDs Provisional Attachment Under PMLA: NCLAT [Read Order]")
NCLT dismisses Canara Bank's Application u/s 95 of IBC on Failure to Prove Claimed Debt of 43 Cr [Read Order]
In a recent case, the Cochin bench of the National Company Law Tribunal (NCLT) dismissed the application filed by Canara Bank under section 95 of the Insolvency and Bankruptcy Code (IBC), 2016, on ...
![NCLT dismisses Canara Banks Application u/s 95 of IBC on Failure to Prove Claimed Debt of 43 Cr [Read Order]](https://images.taxscan.in/h-upload/2025/07/12/500x300_2063046-canara-bank-taxscan.webp "NCLT dismisses Canara Banks Application u/s 95 of IBC on Failure to Prove Claimed Debt of 43 Cr [Read Order]")