NCLAT directs Secretary, MCA to Conduct an Inquiry on Matter of Parties Approaching Tribunal with Fabricated Documents [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal( NCLAT ) in the matter of Everest Pharmaceutics Pvt Ltd., directed the Secretary...
![Insolvency Proceedings on Personal Guarantor of Corporate Debtor can be initiated when no CIRP is pending before NCLT: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Insolvency-Proceedings-Personal-Guarantor-of-Corporate-Debtor-CIRP-Corporate-Debtor-NCLT-NCLAT-taxscan.jpg "Insolvency Proceedings on Personal Guarantor of Corporate Debtor can be initiated when no CIRP is pending before NCLT: NCLAT [Read Order]")
Memorandum of Compromise Entered by Operational Creditor and Resigned Director of Corporate Debtor is not valid: NCLAT upholds Order of NCLT in Favour of SBI
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has held that memorandum of Compromise entered by the operational creditor and resigned director of the corporate debtor is...
Monetary Relief on Fraud Committed by Oppression and Mismanagement can only be granted by NCLT u/s 242 of Companies Act: NCLAT
In a recent ruling, the Delhi bench of the National Company Law Appellate Tribunal (NCLAT) monetary relief on fraud committed by oppression and mismanagement can only be granted by National Company...
Name of Company cannot be Struck off when Company has Substantial movables as well as Immovable Assets: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that the name of the company cannot be struck off when the company has substantial movables as well as immovable assets. Bharat Goyal,...
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....
