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![NCLAT Upholds Assignment of Unsustainable Debt to Resolution Applicant; Finds No Violation of SARFAESI Section 9(1)(e) & RBI Clause 10.1(v) [Read Order]](https://images.taxscan.in/h-upload/2025/06/27/500x300_2055170-nclat-debt-sarfaesi-section-91e-rbi-clause-taxscan.webp "NCLAT Upholds Assignment of Unsustainable Debt to Resolution Applicant; Finds No Violation of SARFAESI Section 9(1)(e) & RBI Clause 10.1(v) [Read Order]")
NCLAT Upholds Assignment of Unsustainable Debt to Resolution Applicant; Finds No Violation of SARFAESI Section 9(1)(e) & RBI Clause 10.1(v) [Read Order]
The National Company Law Appellate Tribunal (NCLAT) upheld the assignment of unsustainable debt under the resolution plan, finding it in compliance...
![NCLAT Upholds Resolution Plan Providing Contingencies being lawful [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/250x150_2054268-nclat-nclat-new-delhi-resolution-plan-taxscan.webp "NCLAT Upholds Resolution Plan Providing Contingencies being lawful [Read Order]")
![NCLAT Sets Aside Status Quo Order in TIIPL Voluntary Liquidation; Affirms Shareholders’ Right to Replace Liquidator [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/250x150_2054162-nclat-status-quo-order-taxscan.webp "NCLAT Sets Aside Status Quo Order in TIIPL Voluntary Liquidation; Affirms Shareholders’ Right to Replace Liquidator [Read Order]")
![NCLAT Dismisses Appeal by Personal Guarantor in Bank of Maharashtra Case: Criticizes Casual Approach to IBC Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2051898-nclat-personal-guarantor-bank-taxscan.webp "NCLAT Dismisses Appeal by Personal Guarantor in Bank of Maharashtra Case: Criticizes Casual Approach to IBC Proceedings [Read Order]")
![NCLAT Orders NCLT to Consider Former Gensol Director Harsh Singhs Argument Against Probe [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2051956-gensol-harsh-singh-nclat-taxscan.webp "NCLAT Orders NCLT to Consider Former Gensol Director Harsh Singhs Argument Against Probe [Read Order]")
![NCLAT Dismisses Appeal by Former Promoter: Upholds Insolvency Admission by NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/500x300_2051809-nclat-nclat-dismisses-appeal-nclat-dismisses-appeal-by-former-promoter-taxscan.webp "NCLAT Dismisses Appeal by Former Promoter: Upholds Insolvency Admission by NCLT [Read Order]")
![NCLAT Dismisses Appellant’s Appeall Against NCLT Order: Upholds Section 10A Bar [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2050114-nclat-nclt-order-nclt-taxscan.webp "NCLAT Dismisses Appellant’s Appeall Against NCLT Order: Upholds Section 10A Bar [Read Order]")
Notice u/s13(2) SARFAESI Act Demanding Payment from Guarantor Constitutes Invocation of Personal Guarantee: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench held that where a Section 13(2) notice explicitly demands payment from the guarantor in terms of the guarantee agreement, it...
![Notice u/s13(2) SARFAESI Act Demanding Payment from Guarantor Constitutes Invocation of Personal Guarantee: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/SARFAESI-Act.jpg "Notice u/s13(2) SARFAESI Act Demanding Payment from Guarantor Constitutes Invocation of Personal Guarantee: NCLAT [Read Order]")
CoC can hold Second Challenge Process even after Declaration of Highest Bidder: NCLAT [Read Order]
According to a ruling by the National Company Law Appellate Tribunal (NCLAT), the Committee of Creditors may still hold a second challenge process for the corporate debtor's asset auction even if the...
![CoC can hold Second Challenge Process even after Declaration of Highest Bidder: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-Committee-of-Creditors-Declaration-of-Highest-Bidder-taxscan.jpg "CoC can hold Second Challenge Process even after Declaration of Highest Bidder: NCLAT [Read Order]")
State can be Secured Creditor under IBC Due to Statutory Charge Created u/s 48 of GVAT Act: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) in New Delhi ruled that the State's debts should be treated as secured creditors under Section 53 of the Insolvency and Bankruptcy Code, 2016...
![State can be Secured Creditor under IBC Due to Statutory Charge Created u/s 48 of GVAT Act: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-IBC.jpg "State can be Secured Creditor under IBC Due to Statutory Charge Created u/s 48 of GVAT Act: NCLAT [Read Order]")
![NCLAT cannot condone Appeal Filing Delay beyond 45 Days: Supreme Court in Tata Steel Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-NCLAT-on-Appeal-Filing-Delay-limit-Supreme-Court-Tata-Steel-nclat-case-TAXSCAN.jpg "NCLAT cannot condone Appeal Filing Delay beyond 45 Days: Supreme Court in Tata Steel Case [Read Order]")