![NCLAT Upholds Fraud Finding Against Former Director: Orders ₹3.18 Cr Contribution for Sham Transactions [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/500x300_2062469-nclat-fraud-finding-former-director-orders-contribution-sham-transactions-taxscan.webp "NCLAT Upholds Fraud Finding Against Former Director: Orders ₹3.18 Cr Contribution for Sham Transactions [Read Order]")
NCLAT Upholds Fraud Finding Against Former Director: Orders ₹3.18 Cr Contribution for Sham Transactions [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has upheld the NCLT’s order directing former director Mr. Gopal Kalra to contribute ₹3.18 crore...
![Petition u/s 9 of IBC cannot be Rejected merely on General Dispute raised based on Single Whatsapp Message: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/250x150_2061817-whatsapp-message-nclat-petition-taxscan.webp "Petition u/s 9 of IBC cannot be Rejected merely on General Dispute raised based on Single Whatsapp Message: NCLAT [Read Order]")
![Challenge Against Court Records Without Filing Correction Application is Invalid: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/250x150_2054260-nclat-.webp "Challenge Against Court Records Without Filing Correction Application is Invalid: NCLAT [Read Order]")
![NCLAT Admits Appeal in Exclusive Capital Dispute: Keeps Tribunal Proceedings Subject to Supreme Court Orders [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/250x150_2053799-nclat-taxscan.webp "NCLAT Admits Appeal in Exclusive Capital Dispute: Keeps Tribunal Proceedings Subject to Supreme Court Orders [Read Order]")
![Threshold u/s 4 of IBC should be met at time of Filing of CIRP application: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/250x150_2050487-nclat-nclat-new-delhi-cirp-application-taxscan.webp "Threshold u/s 4 of IBC should be met at time of Filing of CIRP application: NCLAT [Read Order]")
![NCLAT allows admission of CIRP Application as Debt established with record of NeSL and default [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050427-nclat-cirp-taxscan.webp "NCLAT allows admission of CIRP Application as Debt established with record of NeSL and default [Read Order]")
Resolution Plan does not discriminate based on Type of creditors to give preference to secured creditors both having first charge or having residual charges: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal( NCLAT) has held that the resolution plan does not discriminate based onType of creditors to give preference to secured creditors...
![Resolution Plan does not discriminate based on Type of creditors to give preference to secured creditors both having first charge or having residual charges: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050340-resolution-plan-nclat-taxscan.webp "Resolution Plan does not discriminate based on Type of creditors to give preference to secured creditors both having first charge or having residual charges: NCLAT [Read Order]")
Liberty Granted to File Fresh Application does not Permit Alteration of Default Date in Application u/s 7 of IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) in New Delhi has ruled that the appellant's failure to file the first appeal against the order dated 10.04.2023, which dismissed the first...
![Liberty Granted to File Fresh Application does not Permit Alteration of Default Date in Application u/s 7 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-Section-7-of-IBC-NCLAT-on-Alteration-of-Default-Date-TAXSCAN.jpg "Liberty Granted to File Fresh Application does not Permit Alteration of Default Date in Application u/s 7 of IBC: NCLAT [Read Order]")
State can be Secured Creditor under IBC Due to Statutory Charge Created u/s 48 of GVAT Act: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) in New Delhi ruled that the State's debts should be treated as secured creditors under Section 53 of the Insolvency and Bankruptcy Code, 2016...
![State can be Secured Creditor under IBC Due to Statutory Charge Created u/s 48 of GVAT Act: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-IBC.jpg "State can be Secured Creditor under IBC Due to Statutory Charge Created u/s 48 of GVAT Act: NCLAT [Read Order]")
CoC Abstention from Voting on Resolution Plan Leads to Liquidation: NCLAT Upholds NCLT’s Decision [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal(NCLAT)upheld the National Company Law Tribunal(NCLT)’s decision to approve liquidation for Sintex Plastics Technologies Ltd. following the...
![CoC Abstention from Voting on Resolution Plan Leads to Liquidation: NCLAT Upholds NCLT’s Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/CoC-Abstention-Voting-Resolution-Plan-Leads-Liquidation-NCLAT-NCLTs-Decision-taxscan.jpg "CoC Abstention from Voting on Resolution Plan Leads to Liquidation: NCLAT Upholds NCLT’s Decision [Read Order]")
Liquidation Order u/s 33 of IBC Cannot be Set Aside Once Successful Auction Purchaser Taken Possession of Property of Corporate Debtor: NCLAT [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has held that once the Successful Auction Purchaser has acquired the corporate debtor's assets as a result of the liquidator's...
![Liquidation Order u/s 33 of IBC Cannot be Set Aside Once Successful Auction Purchaser Taken Possession of Property of Corporate Debtor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Liquidation-Order-IBC-Corporate-Debtor-NCLAT-TAXSCAN.jpg "Liquidation Order u/s 33 of IBC Cannot be Set Aside Once Successful Auction Purchaser Taken Possession of Property of Corporate Debtor: NCLAT [Read Order]")