NCLAT Quashes Resolution Plan for Violating IBC Provisions & Ignoring Government Dues
The Delhi bench of the National Company Law Appellate Tribunal (NCLAT) quashed a resolution plan for Twenty-First Century Castings Pvt. Ltd., noting ...
![Issuance of Demand Notice on Registered Email Address of Corporate Debtor is Sufficient u/s 8 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Demand-notice-NCLAT-TAXSCAN.jpg "Issuance of Demand Notice on Registered Email Address of Corporate Debtor is Sufficient u/s 8 of IBC: NCLAT [Read Order]")
![NCLAT Finds Insolvency Plea Within Limitation Citing Debt Acknowledgment and COVID Exclusion [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLAT-Insolvency-Plea-COVID-Exclusion-TAXSCAN.jpg "NCLAT Finds Insolvency Plea Within Limitation Citing Debt Acknowledgment and COVID Exclusion [Read Order]")
![CoC Abstention from Voting on Resolution Plan Leads to Liquidation: NCLAT Upholds NCLT’s Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/CoC-Abstention-Voting-Resolution-Plan-Leads-Liquidation-NCLAT-NCLTs-Decision-taxscan.jpg "CoC Abstention from Voting on Resolution Plan Leads to Liquidation: NCLAT Upholds NCLT’s Decision [Read Order]")
Approved Resolution Plan Cannot be Reopened based on Belatedly agitated Claims: NCLAT [Read Order]
The National Company Law Appellate Tribunal, Principal Bench, New Delhi dismissed the appeals filed under Section 61 of Insolvency and Bankruptcy Code 2016 due to failure of appellant to exercise due...
![Approved Resolution Plan Cannot be Reopened based on Belatedly agitated Claims: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Approved-Resolution-Plan-Reopened-Belatedly-Claims-NCLAT-TAXSCAN.jpg "Approved Resolution Plan Cannot be Reopened based on Belatedly agitated Claims: NCLAT [Read Order]")
Existence of Financial Debt and Corresponding Default is a Sine Qua Non for Initiating Proceedings u/s 7 of IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, upheld the adjudicating authority's ruling and dismissed a Section 7 petition under the Insolvency Bankruptcy Code...
![Existence of Financial Debt and Corresponding Default is a Sine Qua Non for Initiating Proceedings u/s 7 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Existence-of-Financial-Debt-Corresponding-Proceedings-us-7-of-IBC-NCLAT-TAXSCAN.jpg "Existence of Financial Debt and Corresponding Default is a Sine Qua Non for Initiating Proceedings u/s 7 of IBC: NCLAT [Read Order]")
Non-Registration of “Charge” u/s 77 of Companies Act does not remove “Secured Creditor” Under IBC during CIRP: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT), New Delhi held that a creditor may be considered a "Secured Creditor" under section 3(30) of the Insolvency and Bankruptcy Code, 2016 (IBC) by...
![Non-Registration of “Charge” u/s 77 of Companies Act does not remove “Secured Creditor” Under IBC during CIRP: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/WhatsApp-Image-2025-02-20-at-10.40.51-AM.jpeg "Non-Registration of “Charge” u/s 77 of Companies Act does not remove “Secured Creditor” Under IBC during CIRP: NCLAT [Read Order]")
![Moratorium period u/s 101 of IBC cannot be Extended Beyond 180 Days: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Moratorium-period-IBC-Extended-Beyond-180-Days-NCLAT-TAXSCAN.jpg "Moratorium period u/s 101 of IBC cannot be Extended Beyond 180 Days: NCLAT [Read Order]")
Application u/s 7 IBC can be Filed to Claim Remaining Amount after Selling Pledged Shares: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) New Delhi bench has held that when the entire liability of the corporate debtor after selling the pledged shares is not discharged, an...
![Application u/s 7 IBC can be Filed to Claim Remaining Amount after Selling Pledged Shares: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Pledged-shares-under-IBC-Insolvency-and-Bankruptcy-Code-NCLAT-on-pledged-shares-Remaining-debt-after-pledged-shares-Claim-balance-amount-IBC-NCLAT-judgment-pledged-shares-T.jpg "Application u/s 7 IBC can be Filed to Claim Remaining Amount after Selling Pledged Shares: NCLAT [Read Order]")
Authorised Representative Can be Replaced by Procedure Provided under Regulation 16(3A) of CIRP Regulations: NCLAT [Read Order]
The National Company Law Appellate Tribunal's ( NCLAT ) New Delhi bench ruled that the authorized representative can be replaced by following the process outlined in Regulation 16(3A) of the CIRP...
NCLAT upholds S. 95 Application against Personal Guarantor, Rejects Time-Bar Claim and Authorization Challenge [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal ( NCLAT ) upheld the validity of the Section 95 application filed by State Bank of India, the Financial Creditor, against the Personal...
