![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]")
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...
![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]](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]](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...
NCLAT allows Resolution Applicant whose Plan once Rejected by CoC to Participate in Freshly Issued Invitation for Expression of Interest [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that a fresh plan can be submitted by the same resolution applicant in a freshly issued invitation to expression of...
NCLAT sets aside Admission of S.7 Application upon Finding Transaction was in Nature of 'Operational Debt' [Read Order]
The New Delhi bench of National Company Law Appellate Tribunal ( NCLAT ) have set aside the admission of application under Section 7 of the Insolvency and Bankruptcy Code, 2016, being not...
CIRP Application cannot be Withdrawn without Application Filed by Applicant who Initiates Section 7 Application: NCLAT
The New Delhi bench of National Company Law Appellate Tribunal ( NCLAT ) in its recent ruling has held that CIRP cannot be withdrawn without application filed by applicant who initiates section 7...
