![Benefit under BIFR Scheme cannot be Claimed after Approval of Resolution Plan under IBC: NCLAT rules in favour of Axis Bank Ltd [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102454-benefit-bifr-scheme-approval-of-resolution-plan-under-ibc-nclat-axis-bank-ltd-taxscan.webp "Benefit under BIFR Scheme cannot be Claimed after Approval of Resolution Plan under IBC: NCLAT rules in favour of Axis Bank Ltd [Read Order]")
Benefit under BIFR Scheme cannot be Claimed after Approval of Resolution Plan under IBC: NCLAT rules in favour of Axis Bank Ltd [Read Order]
In a ruling which favours Axis Bank Ltd, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that benefit under the...
![NCLAT Upholds Mediated Family Settlement, dismisses Plea citing Duress and Incomplete Terms [Read Order]](https://images.taxscan.in/h-upload/2025/10/28/250x150_2100456-nclat-mediated-family-settlement-duress-incomplete-terms-taxscan.webp "NCLAT Upholds Mediated Family Settlement, dismisses Plea citing Duress and Incomplete Terms [Read Order]")
![IBBI Cannot issue General Circular to Bar RP Appointment u/s 34(4)(b) of IBC: NCLAT Sets aside NCLT Order [Read Order]](https://images.taxscan.in/h-upload/2025/10/09/250x150_2095228-nclat-new-delhi-nclt-order-ibbi-taxscan.webp "IBBI Cannot issue General Circular to Bar RP Appointment u/s 34(4)(b) of IBC: NCLAT Sets aside NCLT Order [Read Order]")
![Minor Shareholder Entitled to ERP Access despite Engagement with Rival Company Accused of Poaching Employees: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/250x150_2094695-nclat-shareholder-new-delhi-taxscan.webp "Minor Shareholder Entitled to ERP Access despite Engagement with Rival Company Accused of Poaching Employees: NCLAT [Read Order]")
Corporate Debtor Failed to Prove Pre-Existing Dispute over ₹8L Packaging Material Debt: NCLAT Upholds CIRP [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) at New Delhi recently upheld the initiation of the Corporate Insolvency Resolution Process (CIRP) against a corporate...
![Corporate Debtor Failed to Prove Pre-Existing Dispute over ₹8L Packaging Material Debt: NCLAT Upholds CIRP [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094490-corporate-debtor-nclat-taxscan.webp "Corporate Debtor Failed to Prove Pre-Existing Dispute over ₹8L Packaging Material Debt: NCLAT Upholds CIRP [Read Order]")
Employees’ State Insurance Amount Lying with Corporate Debtor Not Part of Liquidation Estate: NCLAT [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) at New Delhi recently clarified that the Employees' State Insurance (ESI) amount lying with a corporate debtor during...
![Employees’ State Insurance Amount Lying with Corporate Debtor Not Part of Liquidation Estate: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094498-nclat-liquidation-taxscan.webp "Employees’ State Insurance Amount Lying with Corporate Debtor Not Part of Liquidation Estate: NCLAT [Read Order]")
NCLAT Upholds CIRP Initiation by Central Bank Against Corporate Guarantor Despite Stamping and Novation Contentions, Dismisses Appeal of SEPL’s Ex Director [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has dismissed an appeal filed by Siddharth Satish Katariya, Ex-Director of Superfine Extrusions Private Limited (SEPL),...
![NCLAT Upholds CIRP Initiation by Central Bank Against Corporate Guarantor Despite Stamping and Novation Contentions, Dismisses Appeal of SEPL’s Ex Director [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/500x300_2092979-appeal-dismissed-taxscan.webp "NCLAT Upholds CIRP Initiation by Central Bank Against Corporate Guarantor Despite Stamping and Novation Contentions, Dismisses Appeal of SEPL’s Ex Director [Read Order]")
![Alleged Bias by Technical Member Not Proven: NCLAT declines to recall Dismissal Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/500x300_2092753-2062469-nclat-fraud-finding-former-director-orders-contribution-sham-transactions-taxscan.webp "Alleged Bias by Technical Member Not Proven: NCLAT declines to recall Dismissal Order [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 Adjudicating Authority, National Company Law Tribunal (NCLT)...
![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]")
NCLAT Permits Major Shareholders to Buy Company Property as Directors Breached Interim Order Restraining Sale of Immovable Asset [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) at New Delhi bench recently upheld an order passed by the National Company Law Tribunal (NCLT), permitting majority...
![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/2025/09/29/500x300_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]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that the Insolvency Proceedings can be restored despite absence of revival Clause in Settlement Agreement ...
![Insolvency Proceedings can be restored Despite absence of Revival Clause in Settlement Agreement: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/500x300_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]")