Speculative Investor cannot claim status & benefits as a Financial Creditor u/s 5(8)(f) of Insolvency Bankruptcy Code: NCLT
The Chandigarh bench of the National Company Law Tribunal while adjudicating has held that a speculative investor cannot claim the status and...
Examination of a Pre-Existing Dispute Should Not Exceed Limited Jurisdiction of NCLT under IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) held that the examination of a pre-existing dispute should not exceed the limited jurisdiction of the National Company Law Tribunal ( NCLT )...
Parties Approaching Judges Regularly, says Justice Sharad Kumar Sharma, recuses from hearing a case before NCLAT [Read Order]
Justice Sharad Kumar Sharma, a judge at the National Company Law Appellate Tribunal ( NCLAT ) in Chennai, stepped down from a recent case. He recused from the hearing as the parties involved in the...
![Parties Approaching Judges Regularly, says Justice Sharad Kumar Sharma, recuses from hearing a case before NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Justice-Sharad-Kumar-Sharma-Sharad-Kumar-Sharma-NCLAT-taxscan.jpg "Parties Approaching Judges Regularly, says Justice Sharad Kumar Sharma, recuses from hearing a case before NCLAT [Read Order]")
Application for Insolvency Proceedings against Corporate Debtor for Financial Debt and Default: NCLT admits Application [Read Order]
In a recent case, the National Company Law Tribunal ( NCLT ) admitted the has application for insolvency proceedings against a corporate debtor for financial debt and default. The Tribunal initiated...
Corporate Entity Starts in Clean State on Rejuvenation on Approval of Resolution Plan by NCLT: Calcutta HC [Read Order]
The Calcutta High Court held that after the insolvency proceeding is over and the resolution plan is duly approved by the National Company Law Tribunal ( NCLT ), the corporate entity starts with a...
CESTAT abates Appeal under Rule 22 of CESTAT Procedure Rules as No Application made by Liquidator on Continuance of Appeal [Read Order]
The Allahabad bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) abated the appeal under Rule 22 of the Custom, Excise & Service Tax Appellate Tribunal Procedure Rules,...
![CESTAT abates Appeal under Rule 22 of CESTAT Procedure Rules as No Application made by Liquidator on Continuance of Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/CESTAT-CESTAT-Allahabad-CESTAT-Procedure-Rules-Customs-Excise-Service-Tax-Appellate-Tribunal-Tax-news-Taxscan.jpg "CESTAT abates Appeal under Rule 22 of CESTAT Procedure Rules as No Application made by Liquidator on Continuance of Appeal [Read Order]")
NCLT has Supervisory Role when Statutory Requirements of Amalgamation Scheme satisfied: NCLAT [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) held that the National Company Law Tribunal (NCLT) has supervisory role when statutory requirements of amalgamation scheme...
