![NCLAT Sets Aside NCLT Order in IL&FS Case: Parties Succeed in Appeal Over Unauthorised Amendment [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2050097-nclat-nclat-sets-nclt-order-nclt-order-in-ilfs-case-taxscan.webp "NCLAT Sets Aside NCLT Order in IL&FS Case: Parties Succeed in Appeal Over Unauthorised Amendment [Read Order]")
NCLAT Sets Aside NCLT Order in IL&FS Case: Parties Succeed in Appeal Over Unauthorised Amendment [Read Order]
The principal bench of the National Company Law Appellate Tribunal (NCLAT) has allowed multiple appeals filed by former auditors and executives of...
![NCLAT Dismisses Indian Banks Appeal to Initiate Insolvency Proceedings Against MBL Infra Director [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/250x150_2050307-nclat-nclat-new-delhi-indian-banks-appeal-taxscan.webp "NCLAT Dismisses Indian Banks Appeal to Initiate Insolvency Proceedings Against MBL Infra Director [Read Order]")
![NCLAT Dismisses Appeal of Suspended Directors: Upholds ₹2.65 Cr Recovery Order of NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/250x150_2050316-nclat-nclat-new-delhi-appeal-dismissed-taxscan.webp "NCLAT Dismisses Appeal of Suspended Directors: Upholds ₹2.65 Cr Recovery Order of NCLT [Read Order]")
![NCLAT: Only RP or Liquidator Can File plea u/s 43 of IBC: NCLAT Dismisses Homebuyer’s Application [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2049910-nclat-only-rp-or-liquidator-file-plea-section-43-of-ibc-section-43-of-ibc-taxscan.webp "NCLAT: Only RP or Liquidator Can File plea u/s 43 of IBC: NCLAT Dismisses Homebuyer’s Application [Read Order]")
![Resolution Plan Approved by 83.46% Creditors Cannot Be Challenged by Lone Homebuyer u/s 60(5) of IBC [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2049889-resolution-plan-creditors-taxscan.webp "Resolution Plan Approved by 83.46% Creditors Cannot Be Challenged by Lone Homebuyer u/s 60(5) of IBC [Read Order]")
NCLAT Allows Deloitte’s Appeal, Strikes Down NCLT Order in IL&FS Case Over Unauthorised Amendment [Read Order]
The principal bench of the National Company Law Appellate Tribunal (NCLAT) has allowed an appeal filed by Deloitte Haskins & Sells LLP, setting aside a July 2024 order of the National Company...
![NCLAT Allows Deloitte’s Appeal, Strikes Down NCLT Order in IL&FS Case Over Unauthorised Amendment [Read Order]](https://images.taxscan.in/h-upload/2025/06/16/500x300_2045227-nclat-nclat-new-delhi-deloitte-ilfs-taxscan.webp "NCLAT Allows Deloitte’s Appeal, Strikes Down NCLT Order in IL&FS Case Over Unauthorised Amendment [Read Order]")
![NCLAT Modifies NCLT Order Forwarding Case to SFIO: Holds Directions Beyond Jurisdiction [Read Order]](https://images.taxscan.in/h-upload/2025/06/16/500x300_2045166-nclat-nclat-modifies-nclt-order-taxscan.webp "NCLAT Modifies NCLT Order Forwarding Case to SFIO: Holds Directions Beyond Jurisdiction [Read Order]")
![CIRP Cannot be Continued When Entire Debt Amount has Been Re-Paid: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/11/500x300_2042296-nclat-nclat-new-delhi-debt-taxscan.webp "CIRP Cannot be Continued When Entire Debt Amount has Been Re-Paid: NCLAT [Read Order]")
Suspended management is unable to release corporate debtor funds after Comencement of CIRP without IRP authorization: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) held that the suspended management of the Corporate Debtor is also strictly prohibited from directly or indirectly...
![Suspended management is unable to release corporate debtor funds after Comencement of CIRP without IRP authorization: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041750-nclat-corporate-debtor-nclat-new-delhi-taxscan.webp "Suspended management is unable to release corporate debtor funds after Comencement of CIRP without IRP authorization: NCLAT [Read Order]")
Notice u/s13(2) SARFAESI Act Demanding Payment from Guarantor Constitutes Invocation of Personal Guarantee: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench held that where a Section 13(2) notice explicitly demands payment from the guarantor in terms of the guarantee agreement, it...
![Notice u/s13(2) SARFAESI Act Demanding Payment from Guarantor Constitutes Invocation of Personal Guarantee: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/SARFAESI-Act.jpg "Notice u/s13(2) SARFAESI Act Demanding Payment from Guarantor Constitutes Invocation of Personal Guarantee: NCLAT [Read Order]")
CoC can hold Second Challenge Process even after Declaration of Highest Bidder: NCLAT [Read Order]
According to a ruling by the National Company Law Appellate Tribunal (NCLAT), the Committee of Creditors may still hold a second challenge process for the corporate debtor's asset auction even if the...
![CoC can hold Second Challenge Process even after Declaration of Highest Bidder: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-Committee-of-Creditors-Declaration-of-Highest-Bidder-taxscan.jpg "CoC can hold Second Challenge Process even after Declaration of Highest Bidder: NCLAT [Read Order]")
Disputes Arise out of Employment Contract Cannot be Adjudicated by NCLT/NCLAT under IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that a dispute arising from an employment contract concerning the determination of emoluments and salaries to be paid to an employee of a...
![Disputes Arise out of Employment Contract Cannot be Adjudicated by NCLT/NCLAT under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Disputes-Arise-Employment-Contract-Disputes-Arise-out-of-Employment-Contract-taxscan.jpg "Disputes Arise out of Employment Contract Cannot be Adjudicated by NCLT/NCLAT under IBC: NCLAT [Read Order]")