![NCLAT Upholds Liquidation of Go Airlines [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLAT-NCLAT-Upholds-Liquidation-of-Go-Airlines-Liquidation-of-Go-Airlines-Go-Airlines-ITAT-Delhi-taxscan.jpg "NCLAT Upholds Liquidation of Go Airlines [Read Order]")
NCLAT Upholds Liquidation of Go Airlines [Read Order]
The National Company Law Appellate Tribunal (NCLAT), New Delhi bench upheld the liquidation by finding that, in the absence of a compliant resolution...
![Appeal u/s 61 of IBC can be filed by Personal Guarantors against order Initiating PIRP: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Appeal-section-61-Appeal-Section-61-of-IBC-IBC-filed-by-Personal-Guarantors-Personal-Guarantors-taxscan.jpg "Appeal u/s 61 of IBC can be filed by Personal Guarantors against order Initiating PIRP: NCLAT [Read Order]")
![Google Play Violates S. 4(2)(e) of Competition Act through Restrictive App Store Billing Policy: NCLAT Reduces Penalty to ₹216 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Google-Play-Violates-Competition-Act-Restrictive-App-Store-Billing-Policy-NCLAT-Reduces-Penalty-taxscan.jpg "Google Play Violates S. 4(2)(e) of Competition Act through Restrictive App Store Billing Policy: NCLAT Reduces Penalty to ₹216 Cr [Read Order]")
![Application u/s 9 of IBC Cannot be Admitted When Debt is Discharged by Corporate Debtor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/IBC-Section-9-NCLAT-ruling-Corporate-debtor-taxscan.jpg "Application u/s 9 of IBC Cannot be Admitted When Debt is Discharged by Corporate Debtor: NCLAT [Read Order]")
![Lease Hold Rights Existing in Favor of Corporate Debtor Cannot be Terminated During Moratorium Period u/s 14 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Lease-hold-rights-Corporate-debtor-rights-NCLAT-ruling-taxscan.jpg "Lease Hold Rights Existing in Favor of Corporate Debtor Cannot be Terminated During Moratorium Period u/s 14 of IBC: NCLAT [Read Order]")
Approved Resolution Plan Cannot be Reopened based on Belatedly agitated Claims: NCLAT [Read Order]
The National Company Law Appellate Tribunal, Principal Bench, New Delhi dismissed the appeals filed under Section 61 of Insolvency and Bankruptcy Code 2016 due to failure of appellant to exercise due...
![Approved Resolution Plan Cannot be Reopened based on Belatedly agitated Claims: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Approved-Resolution-Plan-Reopened-Belatedly-Claims-NCLAT-TAXSCAN.jpg "Approved Resolution Plan Cannot be Reopened based on Belatedly agitated Claims: NCLAT [Read Order]")
Issuance of Demand Notice to Personal Guarantor u/r 7 of Personal Guarantors Rules not Amounts to Invocation of Guarantee: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench has ruled that a Notice served to the personal guarantor under Rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating...
![Issuance of Demand Notice to Personal Guarantor u/r 7 of Personal Guarantors Rules not Amounts to Invocation of Guarantee: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Issuance-of-Demand-Notice-Demand-Notice-Demand-Notice-to-Personal-Guarantor-Personal-Guarantor-Personal-Guarantors-Rules-NCLAT-taxscan.jpg "Issuance of Demand Notice to Personal Guarantor u/r 7 of Personal Guarantors Rules not Amounts to Invocation of Guarantee: NCLAT [Read Order]")
Rejection of Resolution Plan by Suspended Director cannot be Interfered in Absence of Expression of Interest: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that the rejection of the resolution plan submitted by the suspended director of the corporate debtor by the Committee of Creditors (CoC)...
![Rejection of Resolution Plan by Suspended Director cannot be Interfered in Absence of Expression of Interest: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Resolution-Plan.jpg "Rejection of Resolution Plan by Suspended Director cannot be Interfered in Absence of Expression of Interest: NCLAT [Read Order]")
Electricity is Essential Supply, cannot Disconnected during CIRP Period under IBC: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that electricity being an essential supply cannot be disconnected during moratorium period under section 14 of the...
![Electricity is Essential Supply, cannot Disconnected during CIRP Period under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Electricity-Essential-Supply-Disconnected-CIRP-Period-IBC-NCLAT-taxscan.jpg "Electricity is Essential Supply, cannot Disconnected during CIRP Period under IBC: NCLAT [Read Order]")
Relief under IBC 60(5) on Liquidator Rejection of Claims Unavailable when Remedy under IBC 42 is not Used: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that relief under section 60(5) of the Insolvency and Bankruptcy Code, 2016 (Code) cannot be claimed against rejection of claims by the...
![Relief under IBC 60(5) on Liquidator Rejection of Claims Unavailable when Remedy under IBC 42 is not Used: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-Insolvency-and-Bankruptcy-Code-IBC-Section-605-of-IBC-TAXSCAN.jpg "Relief under IBC 60(5) on Liquidator Rejection of Claims Unavailable when Remedy under IBC 42 is not Used: NCLAT [Read Order]")
![Lone Homebuyer has no right to Challenge Approval of Resolution Plan: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-NCLAT-New-Delhi-NCLAT-case-on-lone-homebuyer-rights-Taxscan.jpg "Lone Homebuyer has no right to Challenge Approval of Resolution Plan: NCLAT [Read Order]")
Any dispute even Pending Arbitration does not Prohibit Financial Creditors to avail remedy u/s 7 of IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) New Delhi has ruled that a financial creditor's ability to seek redress under Section 7 of the law is not in any way restricted by a dispute that...
![Any dispute even Pending Arbitration does not Prohibit Financial Creditors to avail remedy u/s 7 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Pending-Arbitration-Prohibit-Financial-Creditors-Financial-Creditors-dispute-even-Pending-Arbitration-avail-remedy-section-7-of-IBC-IBC-taxscan.jpg "Any dispute even Pending Arbitration does not Prohibit Financial Creditors to avail remedy u/s 7 of IBC: NCLAT [Read Order]")