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NCLAT Declines to Interfere in Liquidator’s Appeal, Urges Swift Disposal of Auction Dispute [Read Order]

Eeva Mary Sanil

The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, recently disposed of an appeal filed by a Liquidator expressing...

Excise Demands Extinguished by NCLT Order: Telangana HC Disposes CESTAT Appeal [Read Order]

NCLAT Upholds NCLT’s Condonation of 26 Days delay under IBC being Justiciable [Read Order]

44 days Delay in filing written Statement relating to 489 Cr Outstanding Public Money: DRAT directs...

NCLAT Allows Appeal Against Titan Industries , Condones Delay In Filing Restoration Application In...

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]

In a ruling that admits the application of Canara Bank, the National Company Law Tribunal (NCLT) has held that even in the absence of a NeSL certificate, an application under Section 7 of the...

NCLAT Modifies NCLT Order Forwarding Case to SFIO: Holds Directions Beyond Jurisdiction [Read Order]

The National Company Law Appellate Tribunal (NCLAT) has allowed an appeal filed by Max Publicity & Communication Pvt. Ltd., modifying an order passed by the National Company Law Tribunal (NCLT),...

A Dive into the Landscape of Corporate Restructuring: Mergers, Demergers, and Tax Implications

Corporate restructuring is a potent tool for businesses looking to expand, become more efficient, and increase shareholder value in the fast-paced world of business. Mergers and demergers are two...

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....

Establishment of Financial Debt does not precluded due to Absence of Formal Written Agreement: NCLT [Read Order]

The National Company Law Tribunal (NCLT) held that the presence of a financial debt is not negated by the lack of a written loan arrangement. On March 22, 2016, the Corporate Debtor...

Demand Notice u/s 8 of IBC Sent to Wrong Address Invalidates Insolvency Petition: NCLT [Read Order]

The National Company Law Tribunal (NCLT) held that if a demand notice under section 8 of the code is not sent to the correct address, it does not meet the mandatory requirements of law and...

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...