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44 days Delay in filing written Statement relating to 489 Cr Outstanding Public Money: DRAT directs to Pay 50 K to Canara Bank
The Delhi bench of the Debts Recovery Appellate Tribunal(DRAT) directed to pay Rs 50000 to Canara Bank & Ors in the case where the 44 days delay...
![NCLAT Allows Appeal Against Titan Industries , Condones Delay In Filing Restoration Application In Contempt Proceedings u/s 425 of Companies Act [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/250x150_2053999-nclat-ncat-chennai-titan-industries-proceedings-taxscan.webp "NCLAT Allows Appeal Against Titan Industries , Condones Delay In Filing Restoration Application In Contempt Proceedings u/s 425 of Companies Act [Read Order]")
![Application u/s 7 of IBC Admissible even in Absence of NeSL Certificate if Loan Disbursal & Default Proved with Relevant Documents : NCLT allows application of Canara Bank [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/250x150_2050471-nclt-canara-bank-taxscan.webp "Application u/s 7 of IBC Admissible even in Absence of NeSL Certificate if Loan Disbursal & Default Proved with Relevant Documents : NCLT allows application of Canara Bank [Read Order]")
![NCLAT Modifies NCLT Order Forwarding Case to SFIO: Holds Directions Beyond Jurisdiction [Read Order]](https://images.taxscan.in/h-upload/2025/06/16/250x150_2045166-nclat-nclat-modifies-nclt-order-taxscan.webp "NCLAT Modifies NCLT Order Forwarding Case to SFIO: Holds Directions Beyond Jurisdiction [Read Order]")
Challenge against order passed by Liquidator is Appealable under IBC : Madras HC Dismisses Writ petition [Read Order]
The Madras High Court in its recent judgment has dismissed the writ petition holding that a challenge against order passed by Liquidator is appealable under the Insolvency and Bankruptcy Code, 2016....
![Challenge against order passed by Liquidator is Appealable under IBC : Madras HC Dismisses Writ petition [Read Order]](https://images.taxscan.in/h-upload/2025/06/04/500x300_2041195-madras-high-court-ibc-taxscan.webp "Challenge against order passed by Liquidator is Appealable under IBC : Madras HC Dismisses Writ petition [Read Order]")
![Establishment of Financial Debt does not precluded due to Absence of Formal Written Agreement: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/06/04/500x300_2041174-financial-debt-nclt-taxscan.webp "Establishment of Financial Debt does not precluded due to Absence of Formal Written Agreement: NCLT [Read Order]")
![Demand Notice u/s 8 of IBC Sent to Wrong Address Invalidates Insolvency Petition: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Demand-Notice-IBC-NCLT-taxscan.jpg "Demand Notice u/s 8 of IBC Sent to Wrong Address Invalidates Insolvency Petition: NCLT [Read Order]")
IBBI issues Guidelines for Insolvency Professionals to Act as Interim Resolution Professionals, Liquidators and Bankruptcy Trustees [Read Guidelines]
The Insolvency and Bankruptcy Board of India (IBBI) has renewed its efforts to lay down clear and concise procedures to be followed in by professionals by issuing the Insolvency Professionals to act...
![Non-Examination of Matter on Merits: NCLAT upholds Recall and Adjudication by NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-NCLAT-upholds-Recall-and-Adjudication-by-NCLT-taxscan.jpg "Non-Examination of Matter on Merits: NCLAT upholds Recall and Adjudication by NCLT [Read Order]")