Pending Scheme u/s 230 of Companies Act against CD not a ground to deny admission of CIRP: NCLAT
The Delhi Bench of National Company Law Appellate Tribunal ( NCLAT ) held that the pendency of a scheme involving the corporate debtor under Section...
![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]")
NCLT has Supervisory Role when Statutory Requirements of Amalgamation Scheme satisfied: NCLAT [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) held that the National Company Law Tribunal (NCLT) has supervisory role when statutory requirements of amalgamation scheme...
Adjudicating Authority can Proceed for Exparte as per Rule 49 of NCLT Rules when CD not Appear: NCLAT [Read Order]
The National Company Law Appellate Tribunal ('NCLAT') in a recent case,held that Rule 49 of National Company Law Tribunal ( NCLT ) Rules, 2016 gives ample jurisdiction to the Adjudicating Authority...
Adjudicating Authority empowered to Extend Payment Timelines under Resolution Plan without Express Concurrence of CoC: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ), New Delhi Bench observed that the adjudicating authority empowered to extend payment timelines under the resolution plan without express...
Resubmission of Resolution Plan has to await Till Disposing of Pending Application: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) has held that resubmission of the resolution plan has to await till disposing pending application. The Tribunal observed that approval of the...
Amount on Fabrication and Erection work claimed by Sub Contractor Failed to meet CIRP Cost Definition: NCLAT Sets aside NCLT Order
The Principal Bench of the National Company Law Appellate Tribunal ( NCLAT ) set aside the National Company Law Tribunal ( NCLT ) as the amount of fabrication and erection work claimed by...
