Case Digest on Directors’ Liability: Key Rulings from NCLAT
Directors play a pivotal role in corporate governance, as fiduciaries entrusted with the management and affairs of the company. Under financial...
![Condonation of 17-Day Delay Exceeds 15-Day Limit u/s 61(2) of IBC: NCLAT Rejects Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/09/28/250x150_2091869-condonation-day-delay-exceeds-us-612-ibc-nclat-rejects-appeal-taxscan.webp "Condonation of 17-Day Delay Exceeds 15-Day Limit u/s 61(2) of IBC: NCLAT Rejects Appeal [Read Order]")
![No Finality on Liquidator Removal Until Voting Rights Issue Settled: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/30/250x150_2070744-2067597-nclat-refuses-recall-dismissal-order-no-grounds-reassessment-taxscan.webp "No Finality on Liquidator Removal Until Voting Rights Issue Settled: NCLAT [Read Order]")
![NCLAT Rejects Suspended Director’s Challenge to CIRP, Asserts Timely Resolution over Procedural Technicalities [Read Order]](https://images.taxscan.in/h-upload/2025/07/30/250x150_2070770-nclat.webp "NCLAT Rejects Suspended Director’s Challenge to CIRP, Asserts Timely Resolution over Procedural Technicalities [Read Order]")
![NCLAT Clears ICICI Bank of Wrongdoing: Reverses NCLT Order Directing Refund of Loan Payment Received During Moratorium [Read Order]](https://images.taxscan.in/h-upload/2025/07/30/250x150_2070773-nclat-clears-icici-bank-wrongdoing-reverses-nclt-order-directing-refund-loan-payment-received-during-moratorium-taxscan.webp "NCLAT Clears ICICI Bank of Wrongdoing: Reverses NCLT Order Directing Refund of Loan Payment Received During Moratorium [Read Order]")
![Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part XII]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065560-sc12.webp "Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part XII]")
![Second Demand Notice Issued u/s 8 of IBC amounts to Fresh Notice: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063551-notice-income-tax-act-assessee-shall-be-treated-as-void-ab-initio-void-ab-initio-itat-taxscan-1.webp "Second Demand Notice Issued u/s 8 of IBC amounts to Fresh Notice: NCLAT [Read Order]")
NCLAT holds Investment Under Reseller Agreement Lacks ‘Financial Debt’ Ingredients and Dismisses S. 7 Plea as Abuse of CIRP Process [Read Order]
The Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) held that the investment under the reseller agreement lacks ‘financial debt’ ingredients under the Insolvency and Bankruptcy...
![NCLAT holds Investment Under Reseller Agreement Lacks ‘Financial Debt’ Ingredients and Dismisses S. 7 Plea as Abuse of CIRP Process [Read Order]](https://images.taxscan.in/h-upload/2025/07/13/500x300_2063340-nclat-investment-reseller-agreement-lacks-financial-debt-ingredients-and-dismisses-cirp-process.webp "NCLAT holds Investment Under Reseller Agreement Lacks ‘Financial Debt’ Ingredients and Dismisses S. 7 Plea as Abuse of CIRP Process [Read Order]")
NCLAT Confirms CIRP Admission Despite OTS with Guarantors, Says Corporate Debtor Still Liable [Read Order]
Corporate Debtor Liable: NCLAT Confirms CIRP Admission The National Company Law AppellateTribunal (NCLAT), in a recent ruling, upheld the initiation of the CorporateInsolvency Resolution Process...
![NCLAT Confirms CIRP Admission Despite OTS with Guarantors, Says Corporate Debtor Still Liable [Read Order]](https://images.taxscan.in/h-upload/2025/07/12/500x300_2063230-nclat-confirms-cirp-admission-despite-ots-guarantors-corporate-debtor-still-liable-.webp "NCLAT Confirms CIRP Admission Despite OTS with Guarantors, Says Corporate Debtor Still Liable [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 to the assets of Easytech Global Pvt. Ltd. The...
![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 Sets Aside NCLT Order Rejecting Demerger Scheme, Noting Unjustified Valuation Objections in Closely-Held Family Entities [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has set aside an order by the National Company Law Tribunal (NCLT), which had dismissed a demerger scheme between two closely held family...
![NCLAT Sets Aside NCLT Order Rejecting Demerger Scheme, Noting Unjustified Valuation Objections in Closely-Held Family Entities [Read Order]](https://images.taxscan.in/h-upload/2025/06/27/500x300_2055146-demerger.webp "NCLAT Sets Aside NCLT Order Rejecting Demerger Scheme, Noting Unjustified Valuation Objections in Closely-Held Family Entities [Read Order]")
![NCLT Has No Authority to Restrain Replacement of Liquidator in Voluntary Liquidation: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054263-liquidator.webp "NCLT Has No Authority to Restrain Replacement of Liquidator in Voluntary Liquidation: NCLAT [Read Order]")