No Liability on RP for payments to employees responsible for preserving and managing operations of Jet Airways: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that there is no liability on Resolution Professional ( RP ) for the...
![Exclusion of stay period of CIRP Petition does not amount to Postponement of Insolvency Commencement date under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/CIRP-NCLT-National-Company-Law-Tribunal-NCLT-Mumbai-Corporate-Insolvency-Resolution-Process-Insolvency-and-Bankruptcy-Code-taxscan.jpg "Exclusion of stay period of CIRP Petition does not amount to Postponement of Insolvency Commencement date under IBC: NCLT [Read Order]")
![Lending Institutions Providing Loans to Homebuyers cannot be Treated as Financial Creditors Under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/NCLAT-IBC-Insolvency-and-Bankruptcy-National-Company-Law-Appellate-Tribunal-Financial-Creditors-taxscan.jpg "Lending Institutions Providing Loans to Homebuyers cannot be Treated as Financial Creditors Under IBC: NCLAT [Read Order]")
Claims cannot be Automatically Treated as CIRP Costs unless directly related to CIRP and approved by CoC: NCLAT [Read Order]
In a recent case, the National Company Law Appellate Tribunal ( NCLAT ) observed that claims cannot be automatically treated as the Corporate Insolvency Resolution Process ( CIRP ) costs unless...
NCLT lacks jurisdiction to question commercial judgment once Company Board finds Proposed Scheme is against Public Policy: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the National Company Law Tribunal has no jurisdiction to question commercial judgment once Company Board finds...
Examination of a Pre-Existing Dispute Should Not Exceed Limited Jurisdiction of NCLT under IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) held that the examination of a pre-existing dispute should not exceed the limited jurisdiction of the National Company Law Tribunal ( NCLT )...
Parties Approaching Judges Regularly, says Justice Sharad Kumar Sharma, recuses from hearing a case before NCLAT [Read Order]
Justice Sharad Kumar Sharma, a judge at the National Company Law Appellate Tribunal ( NCLAT ) in Chennai, stepped down from a recent case. He recused from the hearing as the parties involved in the...
![Parties Approaching Judges Regularly, says Justice Sharad Kumar Sharma, recuses from hearing a case before NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Justice-Sharad-Kumar-Sharma-Sharad-Kumar-Sharma-NCLAT-taxscan.jpg "Parties Approaching Judges Regularly, says Justice Sharad Kumar Sharma, recuses from hearing a case before NCLAT [Read Order]")
IBC Provision not Mandates Treatment of Related Party at Par with unrelated Party: NCLAT upholds NCLT Order [Read Order]
The National Company Law Appellate Tribunal, Principal Bench while upholding the National Company Law Tribunal ( NCLT ) has held that the Insolvency Bankruptcy Code ( IBC ), 2016 does not provide...
