Acknowledgement of liability by Corporate Debtor through Email not valid, cannot Extend Period of limitation:Â NCLAT
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) has held that Acknowledgment of liability by a Corporate Debtor (CD)...
![Claim of Return of Stock from CD Without any Solid Documentary Evidence is invalid: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Claim-of-Return-of-Stock-Return-of-Stock-from-CD-Solid-Documentary-Evidence-NCLAT-taxscan.jpg "Claim of Return of Stock from CD Without any Solid Documentary Evidence is invalid: NCLAT [Read Order]")
Non-Payment of Amount Due to Bank is Default under S. 3(12) of IBC: SC Dismisses Appeal [Read Judgement]
The Supreme Court viewed the non-payment of the amount due to the bank as a default under Section 3(12) of the Insolvency and Bankruptcy Code, 2016 (IBC)and dismissed the appeal. The respondent...
NCLAT directs to pay the Amount Deposited to the Court as per Consent Term to Financial Creditor [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) directed to pay the amount deposited to the court as per consent terms to the financial creditor. Bhagwandas R. Bhattad,...
Date on which Order was Pronounced and Time taken to provide Certified Copy excluded from Limitation Period for Appeal to NCLAT: SC [Read Judgement]
The Supreme Court (SC) of India ruled that the date on which order was pronounced and the time taken to provide certified copy is excluded from the limitation period for appeal to the National...
Delay beyond 15 days is Uncondonable as per Statutory Provisions; so as Delay of 45 days: NCLAT Delhi Dismisses Appeal
The Delhi National Company Law Appellate Tribunal (NCLAT) while dismissing the appeal held that delay beyond 15 days is uncondonable as per statutory provisions so no scope for condonation of delay...
Date of Filing Application is determined u/s 95 of IBC and not when the Application is Numbered : NCLAT
The Chennai National Company Law Appellate Tribunal (NCLAT) consisted of Justice M. Venugopal and Shreesha Merla (Technical) stated that the `Date of Filing’ of the ‘Application’, under Section 95 of...
