Initiation of Assignment Agreement by Corporate Debtor is Malafide Act to Prolong CIRP: NCLAT upholds Decision of NCLT
While Upholding the decision of the National Company Law Tribunal ( NCLT ), the National Company Law Appellate Tribunal ( NCLAT ) held that...
![Company Law Tribunals Have Jurisdiction u/s 59 of Companies Act to Refer Seriously Disputed Questions Towards Civil Court: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/NCLT-taxscan-1.jpg "Company Law Tribunals Have Jurisdiction u/s 59 of Companies Act to Refer Seriously Disputed Questions Towards Civil Court: NCLT [Read Order]")
![Failure to File Claim during Insolvency Proceedings u/s 31 and 32A of IBC: Gujarat HC Abates Income Tax Appeals [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Insolvency-Proceedings-IBC-Gujarat-HC-Income-Tax-Appeals-taxscan.jpg "Failure to File Claim during Insolvency Proceedings u/s 31 and 32A of IBC: Gujarat HC Abates Income Tax Appeals [Read Order]")
Creditors can Initiate Insolvency Proceedings against Personal Guarantors via RP as per Section 95(1) of IBC: NCLAT
The Delhi bench of National Company Law Appellate Tribunal ('NCLAT') held that creditors can initiate insolvency proceedings against personal guarantors via a resolution professional ( RP )as per...
Allegations of Mismanagement in Think and Learn Pvt Ltd ( Byju’s ): NCLT directs to Halt Second Rights Issue [Read Order]
The National Company Law Tribunal ( NCLT ) has directed Byju's to halt the company's controversial second rights issue. The Tribunal directed to maintain the status quo while dealing with the case...
NCLT lacks jurisdiction to question commercial judgment once Company Board finds Proposed Scheme is against Public Policy: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the National Company Law Tribunal has no jurisdiction to question commercial judgment once Company Board finds...
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...
