CD cannot Escape Liability by Contending to be mere Agent of Principal: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the corporate debtor ( CD ) cannot escape liability by...
Resubmission of Resolution Plan has to await Till Disposing of Pending Application: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) has held that resubmission of the resolution plan has to await till disposing pending application. The Tribunal observed that approval of the...
Amount on Fabrication and Erection work claimed by Sub Contractor Failed to meet CIRP Cost Definition: NCLAT Sets aside NCLT Order
The Principal Bench of the National Company Law Appellate Tribunal ( NCLAT ) set aside the National Company Law Tribunal ( NCLT ) as the amount of fabrication and erection work claimed by...
No Bar to Accepting Application u/s 7 of IBC filed within 3 years of OTS Proposal: NCLAT [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal ( NCLAT ) has held that there is no bar to accepting applications under section 7 of the Insolvency Bankruptcy Code ( IBC ) filed...
Absence of GST Refund/ITC Claim in Demand Notice or Form 5 not Ground of Default for CIRP u/s 9 of IBC: NCLAT
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) held that the absence of GST Refund/ITC Claim in the demand notice or Form 5 not the ground of default for the Corporate...
Application u/s 7 of Insolvency Bankruptcy Code can be admitted when Debit and default against Corporate Debtor is Available: NCLAT
The Principal Bench of the National Company Law Appellate Tribunal(NCLAT) has held that application under section 7 of the Insolvency Bankruptcy Code can be admitted when Debit and...
Relief to SBI: NCLAT Grants Time to File Rejoinder with Rs. 25,000 Cost to be paid in PM Relief Fund, Dismisses Remaining Directives of AA [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) granted State Bank of India ( SBI ) time to file rejoinder, with Rs. 25,000 cost to be paid to Prime Minister Relief Fund,...
