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![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]")
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...
![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]](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]")
![Order of Mediation along with Dishonoured Cheques does not imply an Extension of Limitation for the purposes of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Order-of-mediation-dishonoured-cheques-IBC-NCLAT.jpg "Order of Mediation along with Dishonoured Cheques does not imply an Extension of Limitation for the purposes of IBC: NCLAT [Read Order]")
![Setback to BSE: Listing Fee dues cannot be recovered under Operational Debt, rules NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/BSE-Fee-dues-Operational-Debt-NCLAT-Taxscan-1.jpg "Setback to BSE: Listing Fee dues cannot be recovered under Operational Debt, rules NCLAT [Read Order]")
![Supreme Court quashes NCLAT order reinstating Cyrus Mistry as Chairperson of Tata Sons [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Supreme-Court-NCLAT-order-Cyrus-Mistry-Chairperson-Tata-Sons-taxscan.jpg "Supreme Court quashes NCLAT order reinstating Cyrus Mistry as Chairperson of Tata Sons [Read Judgment]")
Parliament clears The Companies (Amendment) Bill, 2020: Decriminalizing minor and technical offences, direct overseas listing, and more [Read Bill]
After the Lok Sabha, the Rajya Sabha has also cleared the Companies (Amendment) Bill, 2020. The Companies (Amendment) Bill, 2020 was introduced in Lok Sabha by the Minister for Corporate Affairs,...
![Parliament clears The Companies (Amendment) Bill, 2020: Decriminalizing minor and technical offences, direct overseas listing, and more [Read Bill]](https://www.taxscan.in/wp-content/uploads/2020/09/Companies-Amendment-Bill-Taxscan.jpeg "Parliament clears The Companies (Amendment) Bill, 2020: Decriminalizing minor and technical offences, direct overseas listing, and more [Read Bill]")
Approval of Resolution Plan not to be interfered, if CoC considered all factors: Supreme Court [Read Judgment]
The Supreme Court held that Approval of Resolution Plan (RP) not to be interfered with, if the Committee of Creditors (CoC) considered all factors. The Appellant, Karad Urban Cooperative Bank...
![Approval of Resolution Plan not to be interfered, if CoC considered all factors: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/Approval-Resolution-Plan-CoC-Supreme-Court-Taxscan.jpeg "Approval of Resolution Plan not to be interfered, if CoC considered all factors: Supreme Court [Read Judgment]")
![NCLAT directs SBI to substitute IRP who was an Ex-employee of Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/SBI-NCLAT-IRP-Taxscan.jpg "NCLAT directs SBI to substitute IRP who was an Ex-employee of Bank [Read Order]")
![NCLAT directs Unitech to Repay the Amount to its Deposit Holders with Interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/Unitech-NCLAT-Taxscan.jpg "NCLAT directs Unitech to Repay the Amount to its Deposit Holders with Interest [Read Order]")
