IBBI releases note on Findings of Supreme Court clarifying Role of AA in Insolvency
The Insolvency and Bankruptcy Board of India (IBBI) has released notes on the findings of the Supreme Court of India in the matter M. Suresh Kumar...
![Madras HC stays GST proceedings during pendency of Proceedings under IBC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Madras-HC-GST-pendency-Proceedings-IBC-TAXSCAN.jpg "Madras HC stays GST proceedings during pendency of Proceedings under IBC [Read Order]")
NCLAT condones delay of 147 days on Late Filing of Appeal due to Bonafide litigious activity [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, comprising of Justice M. Venugopal, Judicial Member and Naresh Salecha, Technical Member condoned delay of 147 days on late filing...
![NCLAT condones delay of 147 days on Late Filing of Appeal due to Bonafide litigious activity [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/NCLAT-condones-delay-Filing-of-Appeal-taxscan.jpg "NCLAT condones delay of 147 days on Late Filing of Appeal due to Bonafide litigious activity [Read Order]")
No Prohibition of appearance of Advocate in representing different Company, in separate proceedings u/s 7 IBC: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT), held that there is No prohibition of appearance of Advocate in representing different company, in separate proceedings...
![No Prohibition of appearance of Advocate in representing different Company, in separate proceedings u/s 7 IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/IBC-NCLAT-taxscan-1.jpg "No Prohibition of appearance of Advocate in representing different Company, in separate proceedings u/s 7 IBC: NCLAT [Read Order]")
Filing of IA in same proceeding, dismissed as withdrawn on request by Appellant: NCLAT denies benefit of Sec 14 Limitation Act [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT), denied benefit of Setion 14 of the Limitation Act on the ground that an Interlocutory Application (IA) was filed in the...
![Filing of IA in same proceeding, dismissed as withdrawn on request by Appellant: NCLAT denies benefit of Sec 14 Limitation Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/IA-Appellant-NCLAT-Limitation-Act-taxscan.jpg "Filing of IA in same proceeding, dismissed as withdrawn on request by Appellant: NCLAT denies benefit of Sec 14 Limitation Act [Read Order]")
Guarantor shall pay off Debt on Default of Payment to Financial Creditor IL&FS: NCLAT upholds Order of Liquidation [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) recently held that the guarantor is obligated to pay off the dues of the Corporate Debtor, Infrastructure Leasing &...
![Guarantor shall pay off Debt on Default of Payment to Financial Creditor IL&FS: NCLAT upholds Order of Liquidation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Debt-Payment-Financial-Creditor-ILFS-NCLAT-Liquidation-taxscan.jpg "Guarantor shall pay off Debt on Default of Payment to Financial Creditor IL&FS: NCLAT upholds Order of Liquidation [Read Order]")
![Default Debt includes Principal and Interest on delayed payment: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Default-debt-interest-payment-NCLAT-taxscan.jpg "Default Debt includes Principal and Interest on delayed payment: NCLAT [Read Order]")
NCLAT sets aside Order Admitting Application filed under Section 7 without fulfilling the Threshold of 1 cr [Read Order]
The New Delhi bench of National Company Law Appellate Tribunal has set asides the order admitting application filed under Section 7 without fulfilling the threshold of 1Cr The respondent Narayan...
![NCLAT sets aside Order Admitting Application filed under Section 7 without fulfilling the Threshold of 1 cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/NCLAT-Order-Application-taxscan.jpg "NCLAT sets aside Order Admitting Application filed under Section 7 without fulfilling the Threshold of 1 cr [Read Order]")
![Mere Error of Address in Postal Receipt does not Bely the Sending of Notice: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Error-Postal-Receipt-Notice-NCLAT-TAXSCAN.jpg "Mere Error of Address in Postal Receipt does not Bely the Sending of Notice: NCLAT [Read Order]")