![Orders Obtained through Fraud may be Recalled by Adjudicating Authority u/r 11 of the NCLT Rules: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-Rule-11-of-NCLT-Orders-Obtained-through-Fraud-NCLAT-on-fraudulent-orders-recall-TAXSCAN.jpg "Orders Obtained through Fraud may be Recalled by Adjudicating Authority u/r 11 of the NCLT Rules: NCLAT [Read Order]")
Orders Obtained through Fraud may be Recalled by Adjudicating Authority u/r 11 of the NCLT Rules: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) has observed that where the adjudicating authority has been made to rely on distorted facts...
![Commercial Wisdom of CoC in approving Resolution Plan needs no Interference by Adjudicating Authority unless Plan is Violative of section 30(2) of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Commercial-wisdom-CoC-in-approving-resolution-plan-resolution-plan-no-interference-Adjudicating-Authority-unless-Plan-is-violative-IBC-NCLAT-taxscan.jpg "Commercial Wisdom of CoC in approving Resolution Plan needs no Interference by Adjudicating Authority unless Plan is Violative of section 30(2) of IBC: NCLAT [Read Order]")
![Application u/s 7 IBC can be Filed to Claim Remaining Amount after Selling Pledged Shares: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Pledged-shares-under-IBC-Insolvency-and-Bankruptcy-Code-NCLAT-on-pledged-shares-Remaining-debt-after-pledged-shares-Claim-balance-amount-IBC-NCLAT-judgment-pledged-shares-T.jpg "Application u/s 7 IBC can be Filed to Claim Remaining Amount after Selling Pledged Shares: NCLAT [Read Order]")
NCLAT upholds S. 95 Application against Personal Guarantor, Rejects Time-Bar Claim and Authorization Challenge [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal ( NCLAT ) upheld the validity of the Section 95 application filed by State Bank of India, the Financial Creditor, against the Personal...
NCLT cannot decide on non-computation of salary after layoff period under Industrial Disputes Act: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has held that National Company Law Tribunal ( NCLT ) should not decide on non-computation of salary after layoff period...
Corporate Debtor has absolute rights over property forming part of the liquidation estate: NCLAT [Read Order]
In a significant case, the National Company Law Appellate Tribunal ( NCLAT )has held that the Corporate Debtor has absolute rights over property forming part of the liquidation estate. The Tribunal...
Successful Auction Purchaser Cannot Forced to Pay Pre-CIRP Electricity Dues before Restoring Electricity Connection: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT) has held that a successful auction purchaser cannot be forced to pay pre-CIRP electricity dues before restoring an...
Title to Immovable Property cannot be Transferred based on Unregistered Instrument: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) has ruled that as the property is listed in the corporate debtor's name, the liquidator has the power to seize the store....
Benefit u/s 19 of Limitation Act Applicable on Last Payment Made by Corporate Debtor Within Period of Limitation: NCLAT [Read Order]
In a recent case, the Delhi bench of the National Company Law Appellate Tribunal (NCLAT)has held that the operational creditor was obviously entitled to the benefit of an extension of limitation...
NCLAT allows Resolution Applicant whose Plan once Rejected by CoC to Participate in Freshly Issued Invitation for Expression of Interest [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that a fresh plan can be submitted by the same resolution applicant in a freshly issued invitation to expression of...
