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![CIRP Cannot be Shield to Corporate Applicant to avoid Legally Recoverable Government Obligations: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Application-us-7-of-IBC-Acceptable-as-Exist-of-Financial-Debt-and-Default-NCLT-TAXSCAN.jpg "CIRP Cannot be Shield to Corporate Applicant to avoid Legally Recoverable Government Obligations: NCLT [Read Order]")
CIRP Cannot be Shield to Corporate Applicant to avoid Legally Recoverable Government Obligations: NCLT [Read Order]
The National Company Law Tribunal New Delhi Bench held that the Corporate Applicant cannot take the shield of Corporate Insolvency Resolution Process...
![DRT Order Setting aside NPA Classification Does not Negate Existence of Financial Debt: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/DRT-NPA-Classification-NCLT-TAXSCAN.jpg "DRT Order Setting aside NPA Classification Does not Negate Existence of Financial Debt: NCLT [Read Order]")
![Claim for liquidated damages require adjudication before Civil Court: NCLT dismisses Actor Akshay Kumars Insolvency Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Claim-for-liquidated-damages-adjudication-Civil-Court-NCLT-Actor-Akshay-Kumars-Insolvency-Petition-taxscan.jpg "Claim for liquidated damages require adjudication before Civil Court: NCLT dismisses Actor Akshay Kumars Insolvency Petition [Read Order]")
