Liquidator can Decide to Proceed With Private sale by 'Swiss Challenge Method': NCLAT [Read Order]
The National Company Law Appellate Tribunal's (NCLAT) New Delhi bench has ruled that the liquidator's choice to move forward with a private sale by...
![Pre-CIRP Electricity Dues Expires on Approval of Resolution Plan under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Pre-CIRP-Electricity-Dues-Expires-Approval-Resolution-Plan-under-IBC-NCLAT-TAXSCAN.jpg "Pre-CIRP Electricity Dues Expires on Approval of Resolution Plan under IBC: NCLAT [Read Order]")
![BCCIs Plea for Settlement & Withdrawal of CIRP Against Byjus Within One Week: NCLAT directs NCLT to Decide [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Byjus.jpg "BCCIs Plea for Settlement & Withdrawal of CIRP Against Byjus Within One Week: NCLAT directs NCLT to Decide [Read Order]")
![No Bar to Creditors in Enforcing Personal Guarantees signed on behalf by trust: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-Legal-enforcement-of-personal-guarantee-taxscan.jpg "No Bar to Creditors in Enforcing Personal Guarantees signed on behalf by trust: NCLAT [Read Order]")
![Rejection of Application u/s 9 of IBC Against Hindustan Unilever Limited: NCLAT upholds Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-Upholds-Hindustan-Unilever-Limited-Unilever-Limited-Rejection-of-Application-NCLAT-Upholds-order-Upholds-order-National-Company-Law-Appellate-Tribunal-taxscan.jpg "Rejection of Application u/s 9 of IBC Against Hindustan Unilever Limited: NCLAT upholds Order [Read Order]")
Orders Obtained through Fraud may be Recalled by Adjudicating Authority u/r 11 of the NCLT Rules: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) has observed that where the adjudicating authority has been made to rely on distorted facts which the adjudicating authority became aware of...
![Orders Obtained through Fraud may be Recalled by Adjudicating Authority u/r 11 of the NCLT Rules: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-Rule-11-of-NCLT-Orders-Obtained-through-Fraud-NCLAT-on-fraudulent-orders-recall-TAXSCAN.jpg "Orders Obtained through Fraud may be Recalled by Adjudicating Authority u/r 11 of the NCLT Rules: NCLAT [Read Order]")
Corporate Debtor has absolute rights over property forming part of the liquidation estate: NCLAT [Read Order]
In a significant case, the National Company Law Appellate Tribunal ( NCLAT )has held that the Corporate Debtor has absolute rights over property forming part of the liquidation estate. The Tribunal...
Successful Auction Purchaser Cannot Forced to Pay Pre-CIRP Electricity Dues before Restoring Electricity Connection: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT) has held that a successful auction purchaser cannot be forced to pay pre-CIRP electricity dues before restoring an...
Validity of S.95 Application for Personal Guarantor: NCLAT confirms Timely Filing and Proper Authorization [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal ( NCLAT ) upheld the timely filing and proper authorization of the Section 95 application of Insolvency and Bankruptcy Code ( IBC ) 2016...
CPC will not strictly apply to Proceedings under I & B Code: NCLAT Grants Opportunity to File Objection to Principal Proceedings u/s 9 [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that CPC will not strictly apply to proceedings under Insolvency Bankruptcy Code ( I & B Code), 2016 and granted opportunity for...
