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Justice Sharad Kumar...

Finality of Implemented Resolution Plan Prevails Over Creditor’s Claim: NCLAT [Read Order]

In a recent ruling, the National Company Law Appellate Tribunal (NCLAT), Chennai bench, held that once a resolution plan has been approved and...

Modification of SFIO Probe not Review, Only Change of Agency: NCLAT [Read Order]

Belated EPFO Claim Filed after 953 Days not Condonable: NCLAT Upholds Rejection by Liquidator [Read...

NCLAT Refuses Condonation of Delay in Share Transfer Dispute, Holds S. 14 Inapplicable after...

S.19 of Contempt of Courts Act Limited to Punishment Orders: NCLAT Rejects Appeal Against Dismissal...

Recall Application u/r 11 Cannot be Utilised as Camouflage to Seek Review of an Order Decided on Merits: NCLAT [Read Order]

The National Company Law Appellate Tribunal (NCLAT) Chennai bench has ruled that recall applications filed under Rule 11 of the NCLT Rules, 2016, cannot be misused as a disguise to seek review of...

Respondents’ Admission of Demand Notice in SC Pleadings Overrides Technical Objections: NCLAT Sets Aside Rejection of SBI’s Application u/s 95 [Read Order]

The National Company Law Appellate Tribunal (NCLAT), Chennai bench, has overturned the rejection of State Bank of India’s (SBI) insolvency applications under Section 95 of the Insolvency and...

Demand Notice to Personal Guarantors Mandatory: NCLAT allows appeal of SBI [Read Order]

In a recent ruling, the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) set aside orders passed by the National Company Law Tribunal (NCLT), Amaravati Bench which was rejecting...

Recurring Opportunity could not be granted to Rectify defect in Appeal Against NCLT Order: NCLAT [Read Order]

In a recent case, the NCLAT Chennai benchof the National Company Law Appellate Tribunal (NCLAT) held that there cannot be a recurring opportunity that could be granted to the appellant to rectify...

NCLAT Dismisses Proceedings Initiated u/s 9 of I & B Code against Kerala Medical Services Corporation based upon a material concealment of fact [Read Order]

The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) dismissed the proceedings initiated under section 9 of the Insolvency and Bankruptcy Code (IBC ), 2016, against the Kerala...

NCLAT dismisses Byju's Appeal against NCLT’s Interim Order [Read Order]

Think & Learn Private Limited (Byju's) appeal against the NCLT's interim order was denied by the Chennai bench of the National Company Law Appellate Tribunal (NCLAT). According to the Tribunal,...

When actions are already pending against same personal guarantor, a subsequent application u/s 95 IBC is barred: NCLAT [Read Order]

The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has ruled that if one Financial Creditor has already filed an application under Section 95 of the Insolvency and Bankruptcy...