Amount of Unsuccessful Auction Bidder Forfeited and Added into account of CD, Benefitting Stakeholders of CD Company, amounts to ‘Undue Enrichment’: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) ruled that the amount of unsuccessful auction bidder forfeited and added into account of the...
![Supreme Court seeks response from NCLAT, CESTAT, ITATs and High Courts on alleged Disbandment of Virtual Hearing Facilities [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/09/Supreme-Court-seeks-response-from-NCLAT-CESTAT-ITATs-High-Courts-on-Disbandment-of-Virtual-Hearing-Facilities-TAXSCAN.jpg "Supreme Court seeks response from NCLAT, CESTAT, ITATs and High Courts on alleged Disbandment of Virtual Hearing Facilities [Read Judgement]")
NCLAT directs to consider Service connection application of Tata Power Ltd without insisting on making payment of arrears before Date of the Resolution Plan approval
The New Delhi bench of the National Company Law Appellate Tribunal( NCLAT ) in the matter of Tata Power Western Odisha Distribution Limited (TPWODL) directed to consider service connection...
Suspension of CIRP u/s 10A of IBC applies to Due Defaulted on 31/3/2020: NCLAT allows Appeal [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal( NCLAT ) held that the Suspension of Corporate Insolvency Resolution Process (CIRP) under section 10A of The Insolvency And Bankruptcy...
![Suspension of CIRP u/s 10A of IBC applies to Due Defaulted on 31/3/2020: NCLAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Suspension-of-CIRP-CIRP-IBC-NCLAT-allows-Appeal-NCLAT-Appeal-Suspension-Taxscan.jpg "Suspension of CIRP u/s 10A of IBC applies to Due Defaulted on 31/3/2020: NCLAT allows Appeal [Read Order]")
Ambit of Adjudicating Authority After ‘Approval of Resolution Plan’, is Limited in Character: NCLAT dismisses Kotak Mahindra's Appeal [Read Order]
In the matter Kotak Mahindra Bank, the Chennai bench of the National Company Law Appellate Tribunal (NCLAT ) dismissed the appeal and held that ambit of adjudicating authority after ‘approval of...
RP not Entitled to Fees Beyond Sum already Received Since Insolvency Proceedings was Withdrawn: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal( NCLAT ) held that Resolution Professional(RP)is not entitled to fees beyond sum already received since insolvency proceedings...
![RP not Entitled to Fees Beyond Sum already Received Since Insolvency Proceedings was Withdrawn: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/RP-Entitled-Sum-Received-Since-Insolvency-Withdrawn-NCLAT-TAXSCAN.jpg "RP not Entitled to Fees Beyond Sum already Received Since Insolvency Proceedings was Withdrawn: NCLAT [Read Order]")
Legal Representative of Deceased can be Party of Proceedings u/s 241 of Companies Act: NCLAT upholds NCLT Order
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has upheld the order of the National Company Law Tribunal (NCLT) and held that the legal representative of the deceased...
Insolvency Proceedings on Personal Guarantor of Corporate Debtor can be initiated when no CIRP is pending before NCLT: NCLAT [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has held that Insolvency Proceedings on the Personal Guarantor of a Corporate Debtor can be initiated when no Corporate...
![Insolvency Proceedings on Personal Guarantor of Corporate Debtor can be initiated when no CIRP is pending before NCLT: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Insolvency-Proceedings-Personal-Guarantor-of-Corporate-Debtor-CIRP-Corporate-Debtor-NCLT-NCLAT-taxscan.jpg "Insolvency Proceedings on Personal Guarantor of Corporate Debtor can be initiated when no CIRP is pending before NCLT: NCLAT [Read Order]")
The settlement Entered by KNCEL and NHAI for Foreclosure of Concession Agreement relating to Kiratpur was in Accordance with Approved Resolution Framework about ILF&S: NCLAT
The Delhi bench of the National Company Law Appellate Tribunal(NCLAT) has held that settlement entered by Kiratpur Ner Chowk Expressway Limited (KNCEL) and National Highways Authority of India (NHAI)...
