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![NCLAT Quashes Admission of Homebuyers’ Insolvency Plea, Holds Section 7 Application Deemed Withdrawn Under Amended IBC [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065648-nclat-home-buyer-insolvency-plea-exclusion-taxscan.webp "NCLAT Quashes Admission of Homebuyers’ Insolvency Plea, Holds Section 7 Application Deemed Withdrawn Under Amended IBC [Read Order]")
NCLAT Quashes Admission of Homebuyers’ Insolvency Plea, Holds Section 7 Application Deemed Withdrawn Under Amended IBC [Read Order]
The Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) quashed the admission of home buyer’s admission plea, noted that the ...
![MCA Appoints Law Secretary Dr. Anju Rathi Rana as Ex-Officio Member of Insolvency Board [Read Notification]](https://images.taxscan.in/h-upload/2025/07/19/250x150_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]](https://images.taxscan.in/h-upload/2025/07/14/250x150_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]](https://images.taxscan.in/h-upload/2025/07/14/250x150_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]](https://images.taxscan.in/h-upload/2025/07/14/250x150_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]")
![NCLAT Upholds NCLT’s Condonation of 26 Days delay under IBC being Justiciable [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/500x300_2061789-nclat-delay-insolvency-bankruptcy-code-61-of-ibc-nclat-chennai-taxscan.webp "NCLAT Upholds NCLT’s Condonation of 26 Days delay under IBC being Justiciable [Read Order]")
No More Hidden Deals: IBBI Mandates Disclosure of Avoidance Transactions in Resolution Plans [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) issued Notification No. IBBI/2025-26/GN/REG128 dated 4th July 2025 announcing the Insolvency and Bankruptcy Board of India (Insolvency Resolution...
![No More Hidden Deals: IBBI Mandates Disclosure of Avoidance Transactions in Resolution Plans [Read Notification]](https://images.taxscan.in/h-upload/2025/07/08/500x300_2061214-ibbi-insolvency-professional-expression-interest-taxscan.webp "No More Hidden Deals: IBBI Mandates Disclosure of Avoidance Transactions in Resolution Plans [Read Notification]")
NCLAT Upholds Assignment of Unsustainable Debt to Resolution Applicant; Finds No Violation of SARFAESI Section 9(1)(e) & RBI Clause 10.1(v) [Read Order]
The National Company Law Appellate Tribunal (NCLAT) upheld the assignment of unsustainable debt under the resolution plan, finding it in compliance with Section 9(1)(e) of the SARFAESI Act and...
![NCLAT Upholds Assignment of Unsustainable Debt to Resolution Applicant; Finds No Violation of SARFAESI Section 9(1)(e) & RBI Clause 10.1(v) [Read Order]](https://images.taxscan.in/h-upload/2025/06/27/500x300_2055170-nclat-debt-sarfaesi-section-91e-rbi-clause-taxscan.webp "NCLAT Upholds Assignment of Unsustainable Debt to Resolution Applicant; Finds No Violation of SARFAESI Section 9(1)(e) & RBI Clause 10.1(v) [Read Order]")
![NCLT Has No Authority to Restrain Replacement of Liquidator in Voluntary Liquidation: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054263-liquidator.webp "NCLT Has No Authority to Restrain Replacement of Liquidator in Voluntary Liquidation: NCLAT [Read Order]")