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![Retrospective Application of S.433 of Companies Act Rejected: SC Holds CLB Cannot Borrow NCLT’s Powers [Read Order] Retrospective Application of S.433 of Companies Act Rejected: SC Holds CLB Cannot Borrow NCLT’s Powers [Read Order]](https://images.taxscan.in/h-upload/2026/01/12/500x300_2118468-retrospective-application-s433-comapnies-act-rejected-sc-clb-cannot-borrow-nclt-powers-taxscan.webp)
Retrospective Application of S.433 of Companies Act Rejected: SC Holds CLB Cannot Borrow NCLT’s Powers [Read Order]
The SupremeCourt has rejected the retrospective application of section 433 of the Companies Act and held that the Company Law Board (CLB) cannot...




![Corporate Law Case Digest: Key NCLT Rulings of 2025 [Part 1] Corporate Law Case Digest: Key NCLT Rulings of 2025 [Part 1]](https://images.taxscan.in/h-upload/2026/01/09/250x150_2117996-whatsapp-image-2026-01-09-at-113412-am.webp)
![NCLT Rules Electricity as Essential Supply u/s 14(2) IBC, Bars Disconnection for Non-Payment of Pre-CIRP Dues by Hotel [Read Order] NCLT Rules Electricity as Essential Supply u/s 14(2) IBC, Bars Disconnection for Non-Payment of Pre-CIRP Dues by Hotel [Read Order]](https://images.taxscan.in/h-upload/2026/01/06/250x150_2117328-nclt-rules-electricity-essential-supply.webp)
![NCLAT Rules No Grounds to Entertain NTADCL Appeal, Issues Clarification on Right to Defense Against IL&FS [Read Order] NCLAT Rules No Grounds to Entertain NTADCL Appeal, Issues Clarification on Right to Defense Against IL&FS [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116516-nclat-rules-grounds-entertain-ntadcl-appeal-issues-clarification.webp)
![Full Settlement: NCLT Approves Resolution Plan with 100% Voting Share from Creditors [Read Order] Full Settlement: NCLT Approves Resolution Plan with 100% Voting Share from Creditors [Read Order]](https://images.taxscan.in/h-upload/2026/01/02/500x300_2116658-full-settlement-nclt-approves-resolution-plan-with-100-voting-share-from-creditors.webp)
![Contractual Cure Periods Do Not Shift the Date of Default for Section 10A Purposes: NCLAT [Read Order] Contractual Cure Periods Do Not Shift the Date of Default for Section 10A Purposes: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116493-contractual-cure-periods-do-not-shift-date-default-section-10a-purposes-nclat-taxscan.webp)
![NCLAT Rejects Appeal to Revive Belated Claim Post-Resolution Plan Approval Due to Contradictory Documents and Lack of Payment Proof [Read Order] NCLAT Rejects Appeal to Revive Belated Claim Post-Resolution Plan Approval Due to Contradictory Documents and Lack of Payment Proof [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116487-nclat-rejects-appeal-revive-belated-cliam-post-resolution-plan-approval-due-contradictory-documents-lack-payment-proof-taxscan.webp)
![IBC Fraudulent Trading: NCLAT Directs Suspended Director to Contribute ₹8.71 Crore with 12% Interest to Corporate Debtor [Read Order] IBC Fraudulent Trading: NCLAT Directs Suspended Director to Contribute ₹8.71 Crore with 12% Interest to Corporate Debtor [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116465-ibc-fraudulent-trading-nclat-directs-suspended-director-to-contribute-871-crore-with-12-interest-to-corporate-debtor.webp)
![Full Settlement: NCLT Approves Resolution Plan with 100% Voting Share from Creditors [Read Order] Full Settlement: NCLT Approves Resolution Plan with 100% Voting Share from Creditors [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116451-full-settlement-nclt-approves-resolution-plan.webp)
