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...
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...
Breach of Terms of Settlement would not fall under Oppression and Mismanagement under Companies Act: NCLAT dismisses Appeal [Read Order]
The National Company Law Appellate Tribunal(NCLAT) has held that breach of terms of the settlement agreement would not fall under Oppression and Mismanagement under Companies Act, 1956. M/s....
Filing of Application u/s 7 of IBC not Bar for Application to Appoint Arbitrator: Bombay HC [Read Order]
In a major decision the Bombay High Court observed that mere filing of an application under Section 7(1) of the Insolvency and Bankruptcy Code, 2016 (IBC) is not enough to invoke the bar of Section...
No ‘Proof of Receipt’ for Due Acknowledgement of Notice through Registered Post: CESTAT upholds the NCLT Order [Read Order]
The National Company Law Appellate Tribunal (NCLAT) upheld the National Company Law Tribunal (NCLT)order in the absence of ‘Proof of Receipt’ for due acknowledgement of notice through registered...
![No ‘Proof of Receipt’ for Due Acknowledgement of Notice through Registered Post: CESTAT upholds the NCLT Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-Proof-of-Receipt-for-Due-Acknowledgement-Notice-through-Registered-Post-NCLT.jpg "No ‘Proof of Receipt’ for Due Acknowledgement of Notice through Registered Post: CESTAT upholds the NCLT Order [Read Order]")
An Appeal under the Companies Act, 2013 Available only to a ‘Person’ who is either a ‘Member’ of the Company or a ‘Creditor’ or a ‘Director’: NCLAT dismisses Appeal from a Non-member of a Company
The Delhi bench of the National Company Law Appellate Tribunal(NCLAT) dismissed the appeal under the Companies Act, 2013 made by a non-member of the company because the appeal is available only to a...
