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![Fraudulent Diversion of ₹1.20 Cr Corporate Debtor Funds via Unauthorised Accounts Proved: NCLAT Upholds NCLT Order u/s 66 [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/500x300_2106927-corporate-debtor-unauthorised-accounts-nclat-nclt-taxscan.webp "Fraudulent Diversion of ₹1.20 Cr Corporate Debtor Funds via Unauthorised Accounts Proved: NCLAT Upholds NCLT Order u/s 66 [Read Order]")
Fraudulent Diversion of ₹1.20 Cr Corporate Debtor Funds via Unauthorised Accounts Proved: NCLAT Upholds NCLT Order u/s 66 [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Chennai, has upheld an order of the Kochi Bench of the National Company Law Tribunal (NCLT)...
![NCLT Approves Cochin Aircraft Maintenance Company’s ₹87.75 Lakh Capital Reduction Following Shift to Consultancy Services [Read Order]](https://images.taxscan.in/h-upload/2025/11/12/250x150_2104435-cochin-aircraft-maintenance-taxscan.webp "NCLT Approves Cochin Aircraft Maintenance Company’s ₹87.75 Lakh Capital Reduction Following Shift to Consultancy Services [Read Order]")
![Limitation Act Applies to IBC: NCLT Condones Delay in Kerala Financial Corps Bankruptcy Applications [Read Order]](https://images.taxscan.in/h-upload/2025/11/10/250x150_2103869-limitation-act-ibc-nclt-condones-delay-kerala-financial-corps-bankruptcy-applications-taxscan.webp "Limitation Act Applies to IBC: NCLT Condones Delay in Kerala Financial Corps Bankruptcy Applications [Read Order]")
![NCLT Sanctions Fee for Outgoing Liquidator and Professionals under Regulation 34B of IBBI, Citing Regulatory Minimum and Services Rendered [Read Order]](https://images.taxscan.in/h-upload/2025/10/27/250x150_2100082-ibbi-nclt-taxscan.webp "NCLT Sanctions Fee for Outgoing Liquidator and Professionals under Regulation 34B of IBBI, Citing Regulatory Minimum and Services Rendered [Read Order]")
![Outgoing Liquidator Entitled to Minimum Fee of Rs. 2 Lakh as Per IBBI Regulations: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Liquidator-fee-NCLT-ruling-IBBI-regulations-taxscan.jpg "Outgoing Liquidator Entitled to Minimum Fee of Rs. 2 Lakh as Per IBBI Regulations: NCLT [Read Order]")
Production of Truncated Documents against CD: NCLT Kochi dismisses CIRP Petition of Phoenix Arc Pvt Ltd [Read Order]
The National Company Law Tribunal Bench at Kochi has recently dismissed the Corporate Insolvency Resolution Process (CIRP) initiation petition by Phoenix Arc Private Limited, an asset reconstruction...
![Production of Truncated Documents against CD: NCLT Kochi dismisses CIRP Petition of Phoenix Arc Pvt Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Truncated-Documents-CD-NCLT-NCLT-Kochi-Kotak-mahindra-bank-CIRP-CIRP-Petition-Phoenix-Arc-Pvt-Ltd-Taxscan.jpg "Production of Truncated Documents against CD: NCLT Kochi dismisses CIRP Petition of Phoenix Arc Pvt Ltd [Read Order]")
Only Debts covered under definition of ‘Operational Debt’ can file application under Section 9 of Insolvency and Bankruptcy Code: NCLT
The National Company Law Tribunal (NCLT), Kochi Bench ruled that only debts covered under the definition of ‘Operational Debt’ can file an application under Section 9 of Insolvency and Bankruptcy...
