![NCLT dismisses Ex-Employee’s 18 Month delayed Salary Claims in Yes Bank Insolvency Case [Read Order]](https://images.taxscan.in/h-upload/2025/12/02/500x300_2109451-nclt-mumbai-yes-bank-taxscan.webp "NCLT dismisses Ex-Employee’s 18 Month delayed Salary Claims in Yes Bank Insolvency Case [Read Order]")
NCLT dismisses Ex-Employee’s 18 Month delayed Salary Claims in Yes Bank Insolvency Case [Read Order]
The Mumbai Bench of the National Company Law Tribunal (NCLT) has dismissed six interlocutory applications filed by former employees of Yes Bank ...
![Contractor accepting Flats as Payment Cannot be Reclassified as a Financial Creditor: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/250x150_2108811-flat-contracting-taxscan.jfif "Contractor accepting Flats as Payment Cannot be Reclassified as a Financial Creditor: NCLT [Read Order]")
![SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order]](https://images.taxscan.in/h-upload/2025/12/01/250x150_2109238-sarfaesi-deemed-valid-invocation-nclt-insolvency-personal-guarantor-taxscan.webp "SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order]")
![NCLT Sanctions Over Rs. 12.80 Crore Payout in Sterling Healthcare Resolution Plan [Read Order]](https://images.taxscan.in/h-upload/2025/11/26/250x150_2108023-nclt-healthcare-resolution-plan-taxscan.webp "NCLT Sanctions Over Rs. 12.80 Crore Payout in Sterling Healthcare Resolution Plan [Read Order]")
![NCLT Sanctions Merger of Sharekhan into Mirae Asset Financial Services to Comply with RBI Directive [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/250x150_2107899-sharekhan-financial-service-.webp "NCLT Sanctions Merger of Sharekhan into Mirae Asset Financial Services to Comply with RBI Directive [Read Order]")
![NCLT Upholds CoC Decision, dismisses Applications Challenging Unijules Resolution Plan [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/500x300_2107955-nclt-mumbai-resolution-plan-taxscan.webp "NCLT Upholds CoC Decision, dismisses Applications Challenging Unijules Resolution Plan [Read Order]")
NCLT Admits S. 9 Application, Initiates CIRP Against Tirumalla Agro Industries for ₹1.11 Crore Default [Read Order]
The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted a Section 9 application filed by an Operational Creditor, thereby initiating the Corporate Insolvency Resolution Process (CIRP) ...
![NCLT Admits S. 9 Application, Initiates CIRP Against Tirumalla Agro Industries for ₹1.11 Crore Default [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102315-nclt-cirp-cirp-against-tirumalla-agro-industries-tirumalla-agro-industries-taxscan-.webp "NCLT Admits S. 9 Application, Initiates CIRP Against Tirumalla Agro Industries for ₹1.11 Crore Default [Read Order]")
Alleged Quality Issues Not a Pre-existing Dispute: NCLT Allows Section 9 Application, Admits Operational Debt of ₹1.44 Crore [Read Order]
The Mumbai Bench of the National Company Law Tribunal (NCLT) admitted a Section 9 application filed by holding that alleged quality issues in the supply of ready-mix concrete did not constitute a...
![Alleged Quality Issues Not a Pre-existing Dispute: NCLT Allows Section 9 Application, Admits Operational Debt of ₹1.44 Crore [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099540-alleged-quality-issues-pre-existing-dispute-nclt-operational-debt-taxscan.webp "Alleged Quality Issues Not a Pre-existing Dispute: NCLT Allows Section 9 Application, Admits Operational Debt of ₹1.44 Crore [Read Order]")
Reason for Default Irrelevant: NCLT Admits Section 7 Petition Rejecting COVID-19 & Technical Defences [Read Order]
The Mumbai bench of the National Company Law Tribunal (NCLT) admitted a section 7 petition rejecting COVID-19 and technical defences and observed that default of payment is enough, then the reason...
![Reason for Default Irrelevant: NCLT Admits Section 7 Petition Rejecting COVID-19 & Technical Defences [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099290-nclt-covid-19-technical-defences-taxscan.webp "Reason for Default Irrelevant: NCLT Admits Section 7 Petition Rejecting COVID-19 & Technical Defences [Read Order]")
NCLT Approves ₹3.4 Cr Resolution Plan of Ship Leasing Company with 100% CoC Assent subject to Statutory Scrutiny [Read Order]
The National Company Law Tribunal, Mumbai Bench-I (NCLT) recently approved a resolution plan worth ₹3.4 crore submitted by M/s Priyam Projects (I) Pvt. Ltd. for the corporate debtor M/s Steadfast...
![NCLT Approves ₹3.4 Cr Resolution Plan of Ship Leasing Company with 100% CoC Assent subject to Statutory Scrutiny [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/500x300_2094772-nclt-nclt-vacancies-ibc-justice-delayed-justice-denied-taxscan.webp "NCLT Approves ₹3.4 Cr Resolution Plan of Ship Leasing Company with 100% CoC Assent subject to Statutory Scrutiny [Read Order]")
Application under section 7(5) of IBC cannot be Rejected due to non furnishing of NeSL when existence of debt and default by CD is established: NCLT [Read Order]
In a recent case, the Mumbai bench of the National Company Law Tribunal(NCLT) has held that application under section 7(5) of the Insolvency & Bankruptcy Code 2016 (‘the Code’) cannot be...
![Application under section 7(5) of IBC cannot be Rejected due to non furnishing of NeSL when existence of debt and default by CD is established: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2089006-nclt-mumbai-nclt-ibc-application-taxscan.webp "Application under section 7(5) of IBC cannot be Rejected due to non furnishing of NeSL when existence of debt and default by CD is established: NCLT [Read Order]")
Minor clerical mistakes do not affect maintainability of an IBC petition, When Identity of Parties is not in dispute: NCLT Admits Petition u/s 9 [Read Order]
In a recent case, the Mumbai bench of the National Company Law Tribunal ( NCLT ) held that minor clerical mistakes do not affect maintainability of an Insolvency Bankruptcy Code (IBC) petition when...
![Minor clerical mistakes do not affect maintainability of an IBC petition, When Identity of Parties is not in dispute: NCLT Admits Petition u/s 9 [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2088986-minor-clerical-mistakes-ibc-petition-nclt-taxscan.webp "Minor clerical mistakes do not affect maintainability of an IBC petition, When Identity of Parties is not in dispute: NCLT Admits Petition u/s 9 [Read Order]")