![Liquidator must not Restrict Sale of Corporate Debtors Assets through Private Sale to Single Buyer, Should Attract Multiple Buyers: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLT-Corporate-Debtor-NCLT-Mumbai-corporate-debtor-asset-sale-TAXSCAN.jpg "Liquidator must not Restrict Sale of Corporate Debtors Assets through Private Sale to Single Buyer, Should Attract Multiple Buyers: NCLT [Read Order]")
Liquidator must not Restrict Sale of Corporate Debtor's Assets through Private Sale to Single Buyer, Should Attract Multiple Buyers: NCLT [Read Order]
The National Company Law Tribunal (NCLT) Mumbai bench has held that the Liquidator must not restrict the private sale to a single buyer but should...
![Advance Payment Received by Corporate Debtor for Future Supply of Goods is Operational Debt Under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/IBC-NCLT-Advance-Payment-taxscan.jpg "Advance Payment Received by Corporate Debtor for Future Supply of Goods is Operational Debt Under IBC: NCLT [Read Order]")
![Corporate Debtor Not Barred From Raising Pre-Existing Dispute Even in absence of reply within period u/s 8 of IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Corporate-Debtor-NCLT-ruling-IBC-Section-8-taxscan.jpg "Corporate Debtor Not Barred From Raising Pre-Existing Dispute Even in absence of reply within period u/s 8 of IBC: NCLT [Read Order]")
![Petition u/s 7 of IBC against Corporate Guarantor Not allowable without Proper Establishment of Valid Delivery of Guarantee Invocation Notice: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/IBC-petition-NCLT-ruling-Corporate-guarantor-taxscan-.jpg "Petition u/s 7 of IBC against Corporate Guarantor Not allowable without Proper Establishment of Valid Delivery of Guarantee Invocation Notice: NCLT [Read Order]")
![Moratorium under IBC should not be misused to prevent Public Welfare Projects: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/NCLT-NCLT-Mumbai-Public-Welfare-Project-NCLT-on-IBC-moratorium-misuse-TAXSCAN.jpg "Moratorium under IBC should not be misused to prevent Public Welfare Projects: NCLT [Read Order]")
NCLAT upholds Invocation of Performance Bank Guarantee on Failure to Comply with Timely Implementation of Resolution Plan [Read Order]
The National Company Law Tribunal (NCLT) in Mumbai issued a decision restoring the Corporate Insolvency Resolution Process (CIRP), which was upheld by the Principal Bench of the National Company Law...
![NCLAT upholds Invocation of Performance Bank Guarantee on Failure to Comply with Timely Implementation of Resolution Plan [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/NCLAT-Invocation-of-Performance-Bank-Guarantee-Failure-Comply-Timely-Implementation-Resolution-Plan-taxscan.jpg "NCLAT upholds Invocation of Performance Bank Guarantee on Failure to Comply with Timely Implementation of Resolution Plan [Read Order]")
Corporate Debtor's Account Payments Post-CIRP Start without IRP Approval is a Moratorium Violation: NCLT [Read Order]
The National Company Law Tribunal, Mumbai bench has held that after the Corporate Insolvency Resolution Process (CIRP) has begun, any payments made from the Corporate Debtor's account without the...
![Corporate Debtors Account Payments Post-CIRP Start without IRP Approval is a Moratorium Violation: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Corporate-Debtors-Account-Post-CIRP-Start-IRP-Approval-Moratorium-Violation-NCLT-taxscan.jpg "Corporate Debtors Account Payments Post-CIRP Start without IRP Approval is a Moratorium Violation: NCLT [Read Order]")
Vedanta Demerger in Trouble as NCLT Strikes Down Talwandi Sabo Power’s Scheme over Financial Non-Disclosure [Read Order]
The Mumbai Bench of the National Company Law Tribunal ( NCLT ) rejected the Scheme of Arrangement involving Talwandi Sabo Power Limited ( TSPL ), a wholly owned subsidiary of Vedanta Limited, citing...
![Vedanta Demerger in Trouble as NCLT Strikes Down Talwandi Sabo Power’s Scheme over Financial Non-Disclosure [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/NCLT-Vedanta-Demerger-Talwandi-Sabo-Powers-Scheme-taxscan.jpg "Vedanta Demerger in Trouble as NCLT Strikes Down Talwandi Sabo Power’s Scheme over Financial Non-Disclosure [Read Order]")
Relief BOI, NCLT Directs to Admit CIRP When Statutory Criteria u/s 7 of IBC Is Satisfied [Read Order]
The National Company Law Tribunal ( NCLT ), Mumbai bench directed to admit Cooperate Insolvency Resolution Proceedings ( CIRP ) when statutory criteria under section 7 of Insolvency Bankruptcy Code (...
Failure to Implement Resolution Plan even after 5 years: Supreme Court Orders Liquidation of Jet Airways [Read Judgement]
In a significant ruling, the Supreme Court invoked its extraordinary powers under Article 142 of the Constitution to order the liquidation of Jet Airways in the circumstance that the resolution plan...
Non-Obtaining Of NOC From Applicant Does Not Invalidate Documents of Hypothecation & Mortgage Executed In Favour of Bank of Baroda: NCLT [Read Order]
The Mumbai Bench of the National Company Law Tribunal(NCLT) held that non-obtaining of Non Objection Certificate(NOC) from the Applicant does not invalidate the security documents of hypothecation...
