![Balance Sheet Acknowledgement Binds Guarantor u/s 128 Contract Act: NCLAT Sets Aside NCLT’s Limitation Bar in SBIs Section 95 Petition [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/2108719-nclat-taxscan.jfif "Balance Sheet Acknowledgement Binds Guarantor u/s 128 Contract Act: NCLAT Sets Aside NCLT’s Limitation Bar in SBIs Section 95 Petition [Read Order]")
Balance Sheet Acknowledgement Binds Guarantor u/s 128 Contract Act: NCLAT Sets Aside NCLT’s Limitation Bar in SBI's Section 95 Petition [Read Order]
The National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi, has allowed the section 95 petition filed by the State Bank of India...
![Advance Payment for Scrap Sale Qualifies as Operational Debt u/s 5(21): NCLAT Upholds CIRP Admission [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/2108735-operational-debt-taxscan.jfif "Advance Payment for Scrap Sale Qualifies as Operational Debt u/s 5(21): NCLAT Upholds CIRP Admission [Read Order]")
![IBBI Regulations restrict only Modification of an already issued Expression of Interest, CoC can issue a fresh call : NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/2108791-ibbi-coc-nclt-taxscan-.webp "IBBI Regulations restrict only Modification of an already issued Expression of Interest, CoC can issue a fresh call : NCLT [Read Order]")
![Supreme Court upholds Partial Recovery through IBC Liquidation by Sriram City Union Finance, directs to pay 24% Interest on Loans [Read Order]](https://images.taxscan.in/h-upload/2025/12/04/2110171-supreme-court-ibc-liquidation-sriram-city-union-finance-interest-loans-taxscan.webp "Supreme Court upholds Partial Recovery through IBC Liquidation by Sriram City Union Finance, directs to pay 24% Interest on Loans [Read Order]")
Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order]
In a recent case, the principal bench of the National Company Law Appellate Tribunal (NCLAT), New Delhi, upheld the order of the National Company Law Tribunal (NCLT), which had admitted a Section 7...
![Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/2108364-nclat-new-dehi-nclt-corporate-guarantee-taxscan.webp "Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order]")
Mere Shareholder Status Bars Appeal u/s 61: NCLAT Upholds NCLT Admission of CIRP on Corporate Guarantees [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has dismissed the appeal filed by the appellant under Section 61 of the Insolvency and BankruptcyCode, 2016 (IBC), holding that...
![Mere Shareholder Status Bars Appeal u/s 61: NCLAT Upholds NCLT Admission of CIRP on Corporate Guarantees [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/2108449-nclat-corporate-guarantees-taxscan.webp "Mere Shareholder Status Bars Appeal u/s 61: NCLAT Upholds NCLT Admission of CIRP on Corporate Guarantees [Read Order]")
NCLT Admits HDFC Bank's Insolvency Petition u/s 7 citing clear acknowledgment of liability , Initiates CIRP [Read Order]
The National Company Law Tribunal (NCLT), Indore Bench, has admitted a Section 7 application filed by HDFC Bank Limited against Shri Bhagwati Agro Industries Private Limited, leading to the...
![NCLT Admits HDFC Banks Insolvency Petition u/s 7 citing clear acknowledgment of liability , Initiates CIRP [Read Order]](https://images.taxscan.in/h-upload/2025/11/26/2108052-nclt-hdfc-bank-insolvency-petition-cirp-taxscan.webp "NCLT Admits HDFC Banks Insolvency Petition u/s 7 citing clear acknowledgment of liability , Initiates CIRP [Read Order]")
Unregistered MoDT & Mere Sale Agreement Confer No Title: NCLAT Upholds Liquidator’s Right to Recover CD’s Title Deeds [Read Order]
In a recent case, the National Company Law Appellate Tribunal (NCLAT), Chennai Bench, considered whether the appellant could retain the original title deeds of a property belonging to the corporate ...
![Unregistered MoDT & Mere Sale Agreement Confer No Title: NCLAT Upholds Liquidator’s Right to Recover CD’s Title Deeds [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/2107236-nclat-chennai-sale-agreement-taxscan.webp "Unregistered MoDT & Mere Sale Agreement Confer No Title: NCLAT Upholds Liquidator’s Right to Recover CD’s Title Deeds [Read Order]")
![NCLAT Dismisses Section 9 Application for Non-Service of Demand Notice u/s 8 [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/2106858-nclat-ruling-corporate-debtor-taxscan.webp "NCLAT Dismisses Section 9 Application for Non-Service of Demand Notice u/s 8 [Read Order]")
Challenge against order before NCLT: Karnataka HC Extends Interim Relief as Employees Union Seeks to Join Insolvency Proceedings against Dunlop Polymers [Read Order]
The Karnataka High Court has disposed of a writ petition filed by the Dunlop Polymers Employees Union, challenging the order that rejected the impleading application before the National Company Law...
![Challenge against order before NCLT: Karnataka HC Extends Interim Relief as Employees Union Seeks to Join Insolvency Proceedings against Dunlop Polymers [Read Order]](https://images.taxscan.in/h-upload/2025/11/19/2106730-nclt-karnataka-high-court-nclt-challenge-dunlop-polymers-taxscan.webp "Challenge against order before NCLT: Karnataka HC Extends Interim Relief as Employees Union Seeks to Join Insolvency Proceedings against Dunlop Polymers [Read Order]")
Leasehold Rights Not Proved: NCLAT Holds Industrial Unit Cannot Be Treated as Corporate Debtor’s Asset for CIRP [Read Order]
In a significant ruling addressing the scope of asset verification during insolvency proceedings, the National Company Law Appellate Tribunal (NCLAT) principal bench, New Delhi has upheld the...
![Leasehold Rights Not Proved: NCLAT Holds Industrial Unit Cannot Be Treated as Corporate Debtor’s Asset for CIRP [Read Order]](https://images.taxscan.in/h-upload/2025/11/19/2106576-nclat-new-delhi-corporate-debtors-asset-for-cirp-taxscan.webp "Leasehold Rights Not Proved: NCLAT Holds Industrial Unit Cannot Be Treated as Corporate Debtor’s Asset for CIRP [Read Order]")