No Cogent Evidence to Appoint Forensic Auditor to Examine Fund Misappropriation in Company: NCLAT Dismisses Plea
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) at New Delhi recently set aside a direction by the National Company Law...
![Corporate Debtor Failed to Prove Pre-Existing Dispute over ₹8L Packaging Material Debt: NCLAT Upholds CIRP [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/2094490-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]](https://images.taxscan.in/h-upload/2025/10/07/2094498-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]](https://images.taxscan.in/h-upload/2025/10/01/2092979-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/2025/09/30/2092753-2062469-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/2025/09/30/2092768-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/2025/09/29/2092489-2078318-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/2025/09/26/2091231-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/2025/09/26/2091233-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 Debtor's Obligation to Repay: NCLAT [Read Order]
In a recent case, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that termination of a Concession Agreement does not discharge the Corporate Debtor's...
![Termination of Concession Agreement does not Discharge Corporate Debtors Obligation to Repay: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2090007-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/2025/09/20/2088974-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/2025/09/11/2085514-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]")