![NCLT Approves Resolution Plan for Dunnimaa Engineers Submitted by Amphitrite Subsea [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102539-nclt-resolution-plan-dunnimaa-engineers-amphitrite-subsea-taxscan.webp "NCLT Approves Resolution Plan for Dunnimaa Engineers Submitted by Amphitrite Subsea [Read Order]")
NCLT Approves Resolution Plan for Dunnimaa Engineers Submitted by Amphitrite Subsea [Read Order]
The National Company Law Tribunal (NCLT), Mumbai bench has approved the resolution plan submitted by Amphitrite Subsea Private Limited for the...
![Relief for BOI: NCLT Admits Section 7 Plea under IBC after Finding Corporate Debtor in Default of ₹153.98 Crore [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/250x150_2100815-boi-nclt-section-7-plea-ibc-corporate-debtor-txn.webp "Relief for BOI: NCLT Admits Section 7 Plea under IBC after Finding Corporate Debtor in Default of ₹153.98 Crore [Read Order]")
![Minor clerical mistakes do not affect maintainability of an IBC petition, When Identity of Parties is not in dispute: NCLT Admits Petition u/s 9 [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/250x150_2088986-minor-clerical-mistakes-ibc-petition-nclt-taxscan.webp "Minor clerical mistakes do not affect maintainability of an IBC petition, When Identity of Parties is not in dispute: NCLT Admits Petition u/s 9 [Read Order]")
![Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC Directs Center to Create Revival Fund for Stressed Real Estate Projects [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/250x150_2086184-2085588-supreme-court-income-tax-taxscan.webp "Speculative participants driven by profit Motives cannot be Permitted to Misuse IBC Provisions: SC Directs Center to Create Revival Fund for Stressed Real Estate Projects [Read Order]")
![Electricity Connection cannot be Refused only on account of Past Dues: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/250x150_2078353-nclt-mumbai-electricity-connection-taxscan.webp "Electricity Connection cannot be Refused only on account of Past Dues: NCLT [Read Order]")
IBC Proceedings are Not meant for recovery of money with respect to Solvent companies: NCLT [Read Order]
In a recent case, the New Delhi bench of the National Company Law Tribunal(NCLT) has held that Insolvency Bankruptcy Code Proceedings are not to recover applicants dues. Dismissed application, as the...
![IBC Proceedings are Not meant for recovery of money with respect to Solvent companies: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078260-nclt-taxscan.webp "IBC Proceedings are Not meant for recovery of money with respect to Solvent companies: NCLT [Read Order]")
NCLT directs Liquidation u/s 33 of IBC in absence of Resolution Plan even after Extending Time Period [Read Order]
The Kolkata bench of the National Company Law Tribunal (NCLT) directed the liquidation under section 33 of Insolvency Bankruptcy Code (IBC), 2016 in absence of Resolution Plan even after extending...
![NCLT directs Liquidation u/s 33 of IBC in absence of Resolution Plan even after Extending Time Period [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/500x300_2077888-nclt-nclt-directs-liquidation-section-33-of-ibc-taxscan-.webp "NCLT directs Liquidation u/s 33 of IBC in absence of Resolution Plan even after Extending Time Period [Read Order]")
Adjudicating Authority’s Role Limited to Section 30(2) Compliance Check after CoC Approval with Required Majority: NCLT [Read Order]
The Mumbai Bench of the National Company Law Tribunal (NCLT) approved a resolution plan for Steadfast Shipping Private Limited under Section 31 of the Insolvency and Bankruptcy Code, 2016, after...
![Adjudicating Authority’s Role Limited to Section 30(2) Compliance Check after CoC Approval with Required Majority: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076278-section-302-coc-nclt-taxscan.webp "Adjudicating Authority’s Role Limited to Section 30(2) Compliance Check after CoC Approval with Required Majority: NCLT [Read Order]")
Corporate Debtor Failed to Comply with One-Time Settlement Terms: NCLAT Greenlights CIRP Revival [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) at New Delhi recently dismissed an applicant’s challenge to the revival of its Corporate Insolvency Resolution Process...
![Corporate Debtor Failed to Comply with One-Time Settlement Terms: NCLAT Greenlights CIRP Revival [Read Order]](https://images.taxscan.in/h-upload/2025/08/12/500x300_2076039-corporate-debtor-nclat-taxscan.webp "Corporate Debtor Failed to Comply with One-Time Settlement Terms: NCLAT Greenlights CIRP Revival [Read Order]")
![Moratorium period u/s 101 of IBC cannot be Extended Beyond 180 Days: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Moratorium-period-IBC-Extended-Beyond-180-Days-NCLAT-TAXSCAN.jpg "Moratorium period u/s 101 of IBC cannot be Extended Beyond 180 Days: NCLAT [Read Order]")
Liquidator can institute proceedings against personal guarantors when appeal was made within Prescribed Limitation Period: NCLT rules in favour of UCO Bank [Read Order]
In a ruling in favour of UCO bank, the National Company Law Tribunal (NCLT) held that the appeal falls within the ambit of the limitation period as prescribed under Section 19 of the Limitation Act,...
Eviction of Tenant from Corporate Debtor's Property Cannot be Sought Under u/s 60(5) of IBC: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) has held that eviction of tenant from the property of corporate debtor can only be sought under the Act in which tenancy was...
