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...
Claim under IBC will not survive when Unit Holders Handed Over Possession and Conveyance Deed has Been Executed: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that when a unit holder is handed over possession and a Conveyance Deed has also been executed, no claim survives...
NCLTÂ is Empowered to Allow Amending Pleadings before Final Orders in CIRP Proceedings: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) has held that the National Company Law Tribunal (NCLT) is empowered to allow the parties to amend the pleadings before the final orders in...
Adverse remarks cannot be passed by Adjudicating Authority against RP for performing his duties Accordance to CoC: NCLAT [Read Order]
In a recent case, the New Delhi bench of National Company Law Appellate Tribunal ( NCLAT ) has held that adverse remarks cannot be passed by the Adjudicating Authority against the RP for performing...
Standing Committee on Finance for Proposes Key Recommendations on NCLT and IBC to Address Delays [Read Report]
The Standing Committee on Finance has proposed recommendations to address procedural delays, manpower shortages, and infrastructure constraints affecting the National Company Law Tribunal ( NCLT )...
Liquidator under IBC does not create Sub Leases Over Public Land without Adhering to Statutory Requirements: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that a liquidator does not create sub-leases over public land without adhering to the statutory requirements. Further...
