![NCLT Barred from Adjudicating on Limitation in S. 95 Applications before Appointment of Resolution Professional: NCLAT allows appeal filed by Canara Bank [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/500x300_2092768-nclt-adjudicating-on-limitation-appointment-of-resolution-taxscan.webp "NCLT Barred from Adjudicating on Limitation in S. 95 Applications before Appointment of Resolution Professional: NCLAT allows appeal filed by Canara Bank [Read Order]")
NCLT Barred from Adjudicating on Limitation in S. 95 Applications before Appointment of Resolution Professional: NCLAT allows appeal filed by Canara Bank [Read Order]
While allowing appeal filed by Canara Bank, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that the...
![NCLAT Permits Major Shareholders to Buy Company Property as Directors Breached Interim Order Restraining Sale of Immovable Asset [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/250x150_2092489-2078318-itat-itat-gives-taxpayer-second-chance-second-chance-to-taxpayer-taxscan.webp "NCLAT Permits Major Shareholders to Buy Company Property as Directors Breached Interim Order Restraining Sale of Immovable Asset [Read Order]")
![Insolvency Proceedings can be restored Despite absence of Revival Clause in Settlement Agreement: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/250x150_2091231-nclat-insolvency-proceedings-settlement-proposal-settlement-proposals-by-promoters-committee-of-creditors-taxscan.webp "Insolvency Proceedings can be restored Despite absence of Revival Clause in Settlement Agreement: NCLAT [Read Order]")
![RP have right to Terminate Leave & Licence Agreements in Absence of RERA Proceedings: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/250x150_2091233-license-agreement-tax-demand-the-new-delhi-bench-service-tax-appellate-tribunal-cestat-constitution-of-india-deemed-sale-immovable-property-services-taxscan.webp "RP have right to Terminate Leave & Licence Agreements in Absence of RERA Proceedings: NCLAT [Read Order]")
![Termination of Concession Agreement does not Discharge Corporate Debtors Obligation to Repay: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/250x150_2090007-termination-concession-agreement-discharge-corporate-debtor-repay-nclat-taxscan.webp "Termination of Concession Agreement does not Discharge Corporate Debtors Obligation to Repay: NCLAT [Read Order]")
NCLAT Allows IDBI Trusteeship to Initiate CIRP as there is Valid Authorization from Assignee of Debt [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has allowed IDBI Trusteeship to initiate Corporate Insolvency Resolution Process (“CIRP”) as there is a valid authorization from...
![NCLAT Allows IDBI Trusteeship to Initiate CIRP as there is Valid Authorization from Assignee of Debt [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2088974-nclat-idbi-trusteeship-cirp-taxscan.webp "NCLAT Allows IDBI Trusteeship to Initiate CIRP as there is Valid Authorization from Assignee of Debt [Read Order]")
Petition u/s 7 of IBC cannot be barred merely because of pending consideration of OTS before Lenders: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench has held that the mere fact that a corporate debtor's One Time Settlement (OTS) proposal is under consideration by other lenders...
![Petition u/s 7 of IBC cannot be barred merely because of pending consideration of OTS before Lenders: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/11/500x300_2085514-ibc-ots-nclat-taxscan.webp "Petition u/s 7 of IBC cannot be barred merely because of pending consideration of OTS before Lenders: NCLAT [Read Order]")
Limitation Period can be reset When Pleadings regarding Part Payments supported by Written Acknowledgment: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that when there are specific pleadings under Section 9 of the IBC regarding part payments made by the Corporate...
![Limitation Period can be reset When Pleadings regarding Part Payments supported by Written Acknowledgment: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/10/500x300_2085314-pleadings-regarding-written-acknowledgment-acknowledgment-taxscan.webp "Limitation Period can be reset When Pleadings regarding Part Payments supported by Written Acknowledgment: NCLAT [Read Order]")
Vacating Process of Land Delayed due to Monsoon Season being a hindrance to remove Glass Items: NCLAT Grants Time till Sep 15 [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has granted time to the lessee till september 15 of 2025 to vacate the premises on finding that the vacating process got...
![Vacating Process of Land Delayed due to Monsoon Season being a hindrance to remove Glass Items: NCLAT Grants Time till Sep 15 [Read Order]](https://images.taxscan.in/h-upload/2025/09/09/500x300_2085016-vacating-process-monsoon-season-remove-glass-items-taxscan.webp "Vacating Process of Land Delayed due to Monsoon Season being a hindrance to remove Glass Items: NCLAT Grants Time till Sep 15 [Read Order]")
Application u/s 9 of IBC against Appointment of IRP: NCLAT remands Matter for Reconsideration [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) remanded the application filed under section 9 of the Insolvency Bankruptcy Code (IBC) for the resolution of its debt...
![Application u/s 9 of IBC against Appointment of IRP: NCLAT remands Matter for Reconsideration [Read Order]](https://images.taxscan.in/h-upload/2025/09/09/500x300_2085038-ibc-irp-nclat-reconsideration-section-9-of-ibc-taxscan.webp "Application u/s 9 of IBC against Appointment of IRP: NCLAT remands Matter for Reconsideration [Read Order]")
![EPFO’s claim based on Inspection During CIRP is Not enforceable: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/10/500x300_2085305-2076587-epfo-taxscan.webp "EPFO’s claim based on Inspection During CIRP is Not enforceable: NCLAT [Read Order]")
![NCLAT allows 45 days extension to complete CIRP as a Final Extension [Read Order]](https://images.taxscan.in/h-upload/2025/09/09/500x300_2085011-nclat-new-delhi-cirp-cirp-as-a-final-extension-taxscan.webp "NCLAT allows 45 days extension to complete CIRP as a Final Extension [Read Order]")