No Provision under IBC for set of/adjustment/counter claim: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, held that there is no provision under the Insolvency bankruptcy Code...
![Dispute Regarding GST Dues is not a Bar to Proceedings S. 9 IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/GST-NCLAT-IBC-Insolvency-Resolution-Process-GST-issues-under-IBC-TAXSCAN.jpg "Dispute Regarding GST Dues is not a Bar to Proceedings S. 9 IBC: NCLAT [Read Order]")
Lending Institutions Providing Loans to Homebuyers cannot be Treated as Financial Creditors Under IBC: NCLAT [Read Order]
In a recent case, the Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that lending institutions providing loans to homebuyers do not qualify as 'Financial Creditors' under...
![Lending Institutions Providing Loans to Homebuyers cannot be Treated as Financial Creditors Under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/NCLAT-IBC-Insolvency-and-Bankruptcy-National-Company-Law-Appellate-Tribunal-Financial-Creditors-taxscan.jpg "Lending Institutions Providing Loans to Homebuyers cannot be Treated as Financial Creditors Under IBC: NCLAT [Read Order]")
IBC Provision not Mandates Treatment of Related Party at Par with unrelated Party: NCLAT upholds NCLT Order [Read Order]
The National Company Law Appellate Tribunal, Principal Bench while upholding the National Company Law Tribunal ( NCLT ) has held that the Insolvency Bankruptcy Code ( IBC ), 2016 does not provide...
Second Petition u/s 7 of IBC maintainable if CD Defaulted in Settlement Agreement pending Section 7 Petition: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the no bar in fling the second petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 ( IBC) if...
NCLAT imposes Rs. 1 Lakh Costs on Creditor under Contempt of Courts Act invoking Doctrine of 'Approbate & Reprobate'
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) imposed Rs. 1 Lakh costs on the Creditor under Contempt of Court Act, 1971 invoking the doctrine of 'approbate &...
Dispute on Contractual Conditions on Place of Delivery and Obligation on Transport of Goods is “Pre-Existing Dispute” under IBC: NCLAT
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) held that the dispute on contractual conditions on place of delivery and obligation on transport of goods is “pre-existing...
Ex-Director Ineligible to Submit Resolution Plan for MSME when CD is Wilful Defaulter: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) held that the ex-director is ineligible to submit resolution plan for Micro Small & Medium Enterprise (MSME) when the...
![Ex-Director Ineligible to Submit Resolution Plan for MSME when CD is Wilful Defaulter: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Ex-Director-Ineligible-to-Submit-Resolution-Plan-MSME-Wilful-Defaulter-NCLAT-TAXSCAN.jpg "Ex-Director Ineligible to Submit Resolution Plan for MSME when CD is Wilful Defaulter: NCLAT [Read Order]")