![No Bar on Corporate Debtor from Contesting Application u/s 9 of IBC even in absence of Demand Notice: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-NCLAT-New-delhi-Corporate-Debtor-Section-9-of-IBC-TAXSCAN.jpg "No Bar on Corporate Debtor from Contesting Application u/s 9 of IBC even in absence of Demand Notice: NCLAT [Read Order]")
No Bar on Corporate Debtor from Contesting Application u/s 9 of IBC even in absence of Demand Notice: NCLAT [Read Order]
The National Company Law Appellate Tribunal (“NCLAT”) New Delhi bench has held that the Corporate Debtor cannot be prevented from opposing the...
![Any dispute even Pending Arbitration does not Prohibit Financial Creditors to avail remedy u/s 7 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Pending-Arbitration-Prohibit-Financial-Creditors-Financial-Creditors-dispute-even-Pending-Arbitration-avail-remedy-section-7-of-IBC-IBC-taxscan.jpg "Any dispute even Pending Arbitration does not Prohibit Financial Creditors to avail remedy u/s 7 of IBC: NCLAT [Read Order]")
![Deposit of Security under Memorandum of Understanding in absence of Effect of Borrowing Cannot be Categorised as Financial Debt: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-Financial-Debt-Deposit-of-Security-taxscan.jpg "Deposit of Security under Memorandum of Understanding in absence of Effect of Borrowing Cannot be Categorised as Financial Debt: NCLAT [Read Order]")
![Liquidator can Decide to Proceed With Private sale by Swiss Challenge Method: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-Liquidator-Swiss-Challenge-Method-taxscan.jpg "Liquidator can Decide to Proceed With Private sale by Swiss Challenge Method: NCLAT [Read Order]")
![Distribution of Liquidation Proceeds to Secured Creditors Must Be Based on Admitted Claims under IBC S. 53: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Proceedings-under-IBC-Delhi-HC-Insolvency-and-Bankruptcy-Code-taxscan.jpg "Distribution of Liquidation Proceeds to Secured Creditors Must Be Based on Admitted Claims under IBC S. 53: NCLAT [Read Order]")
Insolvency Application against Personal Guarantor is Maintainable u/s 60(1) of IBC even in Absence of Pending CIRP against CD: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) bench in New Delhi has ruled that, even in cases where the National Company Law Tribunal ( NCLT ) has not yet started or is in the process of...
![Insolvency Application against Personal Guarantor is Maintainable u/s 60(1) of IBC even in Absence of Pending CIRP against CD: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Insolvency-Application-Personal-Guarantor-IBC-Absence-Pending-CIRP-CD-NCLAT-taxscan.jpg "Insolvency Application against Personal Guarantor is Maintainable u/s 60(1) of IBC even in Absence of Pending CIRP against CD: NCLAT [Read Order]")
NCLAT uphold Resolution Plan In absence of irregularity in conduct of CIRP Proceedings [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) upheld the resolution plan in absence of irregularity in the conduct of Corporate Insolvency Resolution Proceedings ( CIRP...
![NCLAT uphold Resolution Plan In absence of irregularity in conduct of CIRP Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-Resolution-Plan-CIRP-proceedings-NCLAT-New-Delhi-CIRP-NCLAT-news-NCLAT-updates-taxscan.jpg "NCLAT uphold Resolution Plan In absence of irregularity in conduct of CIRP Proceedings [Read Order]")
Financial Creditor can file Application u/s 7 of IBC even after Initiation of Recovery Proceedings before DRT: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has held that initiation of recovery proceedings before the DRT does not prohibit financial creditors from filing an...
CoC ‘s Commercial wisdom in rejecting resolution plans and opting for liquidation is “Non-Justiciable”: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) New Delhi has held that the commercial wisdom of the Committee of Creditors ( CoC ) in rejecting a resolution plan and opting for liquidation is...
NCLT cannot decide on non-computation of salary after layoff period under Industrial Disputes Act: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has held that National Company Law Tribunal ( NCLT ) should not decide on non-computation of salary after layoff period...
Title to Immovable Property cannot be Transferred based on Unregistered Instrument: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) has ruled that as the property is listed in the corporate debtor's name, the liquidator has the power to seize the store....
