Sale Certificate Issued to Successful Bidder Can Be Cancelled on Non Payment of Bid Amount Within 90 Days: NCLAT
The New Delhi bench of National Company Law Appellate Tribunal ( NCLAT ) has held that as per Liquidation Regulations, the bid amount has to be paid...
Petition u/s 7 of IBC Has to be Decide first When Both Arbitration & Insolvency Petitions are Pending: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the petition under section 7 of Insolvency Bankruptcy Code ( IBC ),2016 has to be decided first when both...
Dissolution Of Corporate Debtor u/s 54 of IBC can be Sought after Complete Liquidation: NCLAT [Read Order]
In a significant case, the New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the scheme of the Insolvency Bankruptcy Code ( IBC ), 2016 clearly provides that...
Payment of Pre-CIRP Dues To Creditors Including Govt Dues Cannot Be Made By RP Outside Resolution Framework: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has held that payment of pre- Corporate Insolvency Resolution Process ( CIRP ) dues to creditors including government dues...
![Look-Back Period Cannot Be Extended Beyond 2 year Limit u/s 43(4) Of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/NCLAT-NCLAT-New-Delhi-IBC-National-Company-Law-Appellate-Tribunal-Insolvency-and-Bankruptcy-Code-Look-Back-Period-year-Limit-TAXSCAN.jpg "Look-Back Period Cannot Be Extended Beyond 2 year Limit u/s 43(4) Of IBC: NCLAT [Read Order]")
NCLAT dismisses Petition u/s 95 of IBC filed Merely to Thwart Arbitral Proceedings already Initiated [Read Order]
The New Delhi Principal bench of the National Company Law Appellate Tribunal (NCLAT) held that petition under section 95 of the Insolvency and Bankruptcy Code (IBC) cannot be maintained if it is...
