![Section 14 of IBC does not bar classification of account of CD during pendency of CIRP: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071982-section-14-of-ibc-act-ibc-ibc-does-not-bar-classification-bar-classification-taxscan.webp "Section 14 of IBC does not bar classification of account of CD during pendency of CIRP: NCLT [Read Order]")
Section 14 of IBC does not bar classification of account of CD during pendency of CIRP: NCLT [Read Order]
The National Company Law Tribunal (NCLT) Mumbai bench held that section 14 of the Insolvency & Bankruptcy Code, 2016 does not bar such ...
![NCLAT Upholds Private Sale of Liquidation Asset Despite Higher Withdrawn Offers [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/250x150_2053258-nclat-private-sale-liquidation-asset-despite-higher-withdrawn-offers-taxscan.webp "NCLAT Upholds Private Sale of Liquidation Asset Despite Higher Withdrawn Offers [Read Order]")
![NCLAT Sets Aside NCLT Order in IL&FS Case: Parties Succeed in Appeal Over Unauthorised Amendment [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2050097-nclat-nclat-sets-nclt-order-nclt-order-in-ilfs-case-taxscan.webp "NCLAT Sets Aside NCLT Order in IL&FS Case: Parties Succeed in Appeal Over Unauthorised Amendment [Read Order]")
![NCLAT Dismisses Appeal by Suspended Company Director: Upholds Insolvency Against the Company [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2049810-nclat-appeal-taxscan.webp "NCLAT Dismisses Appeal by Suspended Company Director: Upholds Insolvency Against the Company [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]")
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 strategize to attract the maximum number of buyers...
![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]")
Advance Payment Received by Corporate Debtor for Future Supply of Goods is Operational Debt Under IBC: NCLT [Read Order]
The National Company Law Tribunal ( NCLT ) Mumbai has held that the payment received in advance by the Corporate Debtor for the future supply of goods constitutes an operational debt. Read More:...
![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]
The National Company Law Tribunal (NCLT) Mumbai has held that failure to respond to a demand notice within 10 days under Section 8 of the Insolvency and Bankruptcy Code, 2016 (the Code) does not bar...
![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]
The Mumbai bench of the National Company Law Tribunal (NCLT) has ruled that unless the receipt of the demand-cum-guarantee invocation notice is correctly demonstrated, an insolvency action under...
![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]")