![Dissenting Financial Creditors are Entitled to Receive Payments on Pro-Rata Basis of Resolution Plan Value: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLAT-Chennai-Resolution-Plan-Financial-Creditors-taxscan.jpg "Dissenting Financial Creditors are Entitled to Receive Payments on Pro-Rata Basis of Resolution Plan Value: NCLAT [Read Order]")
Dissenting Financial Creditors are Entitled to Receive Payments on Pro-Rata Basis of Resolution Plan Value: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) Chennai bench ruled that, instead of receiving the liquidation value, dissident financial...
![NCLAT Orders Probe into Functioning of NCLT Chennai after Noting Implausible Adjudication of Unlisted Matter from 2022 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/NCLAT-NCAT-Chennai-NCLAT-orders-probe-on-NCLT-ruling-TAXSCAN.jpg "NCLAT Orders Probe into Functioning of NCLT Chennai after Noting Implausible Adjudication of Unlisted Matter from 2022 [Read Order]")
![Contempt Appeal against Juristic Entity not Maintainable u/s 61 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-IBC-Contempt-Appeal-taxscan.jpg "Contempt Appeal against Juristic Entity not Maintainable u/s 61 of IBC: NCLAT [Read Order]")
![Appeal against Proceedings u/s 30 of IBC not survive after Implementation of Resolution Plan: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/IBC-NCLAT-Appeal-against-Proceedings-of-IBC-taxscan.jpg "Appeal against Proceedings u/s 30 of IBC not survive after Implementation of Resolution Plan: NCLAT [Read Order]")
Coc’s Appeal against Resolution Plan becomes Infructuous on approval of Second Resolution Plan: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) Chennai bench has held that Coc’s appeal against resolution plan becomes infructuous on approval of the second resolution plan. Excel...
NCLAT upholds Rejection of Applications, Confirms Disputed Property as Part of Corporate Debtor’s Assets in CIRP [Read Order]
The Chennai Bench of National Company Law Appellate Tribunal ( NCLAT ) upheld the rejection of two applications filed by the appellant, confirming that a disputed property claimed by him would remain...
NCLAT directs Revival of Company Petition after Appellant was Deprived of Remedies under Article 21 of Constitution [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal ( NCLAT ) directed the revival of company petition after appellant was deprived of remedies under article 21 of the Indian...
Admissibility of Debt u/s 9 of IBC: NCLAT Quashes NCLT’s Rejection of CIRP Proceedings [Read Order]
The Chennai Bench of National Company Law Appellate tribunal ( NCLAT ) quashed the National Company Law Tribunal ( NCLT )’s rejection of the admissibility of debt under Section 9 of the Insolvency...
NCLAT directs Payment of Rs.6.49 Lakh to IRP u/s 7 of IBC for Additional 53 Days of Service beyond initial term [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal ( NCLAT ) directed Canara Bank to pay Rs.6.49 lakh to the appellant, the Interim Resolution Professional ( IRP ) under Section 7 of...
NCLAT upholds Dismissal of S.9 IBC Petition as Time-Barred due to Expiry of Limitation Period [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal ( NCLAT )upheld the dismissal of a Section 9 Insolvency and Bankruptcy Code ( IBC ), 2016 petition filed by the appellant citing the...
