Objective of IBC is to Ensure Timely Resolution of Insolvency: NCLAT
The Chennai Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the objective of the Insolvency and Bankruptcy Code, 2016 (IBC)...
Ambit of Adjudicating Authority After ‘Approval of Resolution Plan’, is Limited in Character: NCLAT dismisses Kotak Mahindra's Appeal [Read Order]
In the matter Kotak Mahindra Bank, the Chennai bench of the National Company Law Appellate Tribunal (NCLAT ) dismissed the appeal and held that ambit of adjudicating authority after ‘approval of...
Legal Representative of Deceased can be Party of Proceedings u/s 241 of Companies Act: NCLAT upholds NCLT Order
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has upheld the order of the National Company Law Tribunal (NCLT) and held that the legal representative of the deceased...
NCLAT dismisses Appeal of RP in absence of Irregularities in Provisions of Resolution Plan u/s 30(2) of Insolvency and Bankruptcy Code [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal(NCLAT) dismissed the appeal of Resolution Professional (RP) in the absence of irregularities in provisions of the resolution...
NCLT Suspended Director of GK Steel and Allied Industries without allowing hearing: NCLAT orders Re-adjudication [Read Order]
The National Company Law Appellate Tribunal (NCLAT) directed the re-adjudication since the National Company Law Tribunal (NCLT) suspended the director of GK Steel and Allied Industries without...
No Modification/Alteration can be Called under IBC after Approval of Resolution Plan of CoC and Before Approval by Adjudicating Authority: NCLAT [Read Order]
The National Company Law Appellate Tribunal(NCLAT) has held that no modification/alteration can be called under the Insolvency and Bankruptcy Code (IBC), 2016 after approval of the resolution plan of...
![Delay for Claim under CIRP without any Valid Ground: NCLAT refuse to Condones Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Delay-Claim-under-CIRP-NCLAT-Condones-Delay-Delay-for-Claim-under-CIRP-NCLAT-refuse-to-Condones-Delay-taxscan.jpg "Delay for Claim under CIRP without any Valid Ground: NCLAT refuse to Condones Delay [Read Order]")
![Application u/s 9 of IBC Not allowable against a Solvent Company: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Application-IBC-Not-allowable-against-Solvent-Company-NCLAT-TAXSCAN.jpg "Application u/s 9 of IBC Not allowable against a Solvent Company: NCLAT [Read Order]")