![Exclusion of COVID Period Preserves 208-Day Limitation: NCLAT Holds S. 95 Petitions Against Guarantors Timely [Read Order]](https://images.taxscan.in/h-upload/2025/11/18/2106401-covid-taxscan.jfif "Exclusion of COVID Period Preserves 208-Day Limitation: NCLAT Holds S. 95 Petitions Against Guarantors Timely [Read Order]")
Exclusion of COVID Period Preserves 208-Day Limitation: NCLAT Holds S. 95 Petitions Against Guarantors Timely [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, delivered a significant judgment in the appeals challenging two...
![Tribunal Ignores MCAs Clarification and Breached Fair Process: NCLAT Sets Aside NCLT Order Declaring Promoters Ineligible u/s 29A [Read Order]](https://images.taxscan.in/h-upload/2025/11/18/2106273-nclat-nclt-mca-clarification-ignored-breach-of-fair-process-taxscan.webp "Tribunal Ignores MCAs Clarification and Breached Fair Process: NCLAT Sets Aside NCLT Order Declaring Promoters Ineligible u/s 29A [Read Order]")
![Rejection Solely on Ground of Delay Unsustainable: NCLAT Orders Inclusion of Genuine Homebuyer Claims in Resolution Plan [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/2105226-plan-creditors-taxscan.webp "Rejection Solely on Ground of Delay Unsustainable: NCLAT Orders Inclusion of Genuine Homebuyer Claims in Resolution Plan [Read Order]")
![NCLAT Quashes NCLT Order Invalidating Resolution Plan, Rules Amrapali Fincap’s Objections u/s 29A Unfounded [Read Order]](https://images.taxscan.in/h-upload/2025/11/17/2105968-amrapali-fincaps.webp "NCLAT Quashes NCLT Order Invalidating Resolution Plan, Rules Amrapali Fincap’s Objections u/s 29A Unfounded [Read Order]")
![NCLT Erred in Ignoring Family Settlement Agreement, Wrongly Relegated Parties to Civil Court Despite Bar u/s 430 of Companies Act: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/2105133-whatsapp-image-2025-11-14-at-122657-pm.webp "NCLT Erred in Ignoring Family Settlement Agreement, Wrongly Relegated Parties to Civil Court Despite Bar u/s 430 of Companies Act: NCLAT [Read Order]")
Unilateral Credit Note and Ledger Write-off Not Proof of Debt Discharge: NCLT Initiates CIRP u/s 9 of IBC [Read Order]
The National Company Law Tribunal (NCLT), Cuttack Bench, in a recent case, rejected the petitioner’s defence that an operational debt of ₹18.56 crore stood settled through a unilateral credit note...
![Unilateral Credit Note and Ledger Write-off Not Proof of Debt Discharge: NCLT Initiates CIRP u/s 9 of IBC [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/2102933-ibc-cirp-taxscan.webp "Unilateral Credit Note and Ledger Write-off Not Proof of Debt Discharge: NCLT Initiates CIRP u/s 9 of IBC [Read Order]")
Forged Bank Guarantee Scuttles Rescue Plan: NCLT Orders Liquidation of Unitech Transformers [Read Order]
In a recent ruling, the National Company Law Tribunal ( NCLT ), Mumbai Court-II, allowed an application under Section 33(2) of the Insolvency and Bankruptcy Code, 2016, ordering the liquidation of...
![Forged Bank Guarantee Scuttles Rescue Plan: NCLT Orders Liquidation of Unitech Transformers [Read Order]](https://images.taxscan.in/h-upload/2025/10/31/2101216-forged-bank-guarantee-scuttles-rescue-plan-nclt-orders-liquidation-unitech-transformers-txn.webp "Forged Bank Guarantee Scuttles Rescue Plan: NCLT Orders Liquidation of Unitech Transformers [Read Order]")
NCLAT Upholds Mediated Family Settlement, dismisses Plea citing Duress and Incomplete Terms [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) in New Delhi dismissed which challenged the NCLT order upholding a mediated family settlement. The Tribunal viewed that...
![NCLAT Upholds Mediated Family Settlement, dismisses Plea citing Duress and Incomplete Terms [Read Order]](https://images.taxscan.in/h-upload/2025/10/28/2100456-nclat-mediated-family-settlement-duress-incomplete-terms-taxscan.webp "NCLAT Upholds Mediated Family Settlement, dismisses Plea citing Duress and Incomplete Terms [Read Order]")
NCLT President Cannot Alter/Extend Territorial Jurisdiction of Any Bench: Gujarat HC Quashes Transfer of Arcelor Mittal Case [Read Order]
The Gujarat High Court recently affirmed that the president of the National Company Law Tribunal (NCLT) cannot alter or extend the territorial jurisdiction of a particular Bench to entertain...
![NCLT President Cannot Alter/Extend Territorial Jurisdiction of Any Bench: Gujarat HC Quashes Transfer of Arcelor Mittal Case [Read Order]](https://images.taxscan.in/h-upload/2025/10/26/2099951-nclt-president-territorial-jurisdiction-any-bench-gujarat-hc-transfer-of-arcelor-mittal-case-taxscan.webp "NCLT President Cannot Alter/Extend Territorial Jurisdiction of Any Bench: Gujarat HC Quashes Transfer of Arcelor Mittal Case [Read Order]")
NCLT Sanctions Resolution Plan u/s 30(6) After NCLAT Upholds Asset Valuation and Creditor Protections u/s 30(2) [Read Order]
The National Company Law Tribunal (NCLT) approved the resolution plan under Section 30(6) of the Insolvency and Bankruptcy Code after the National Company Law Appellate Tribunal (NCLAT) upheld its...
![NCLT Sanctions Resolution Plan u/s 30(6) After NCLAT Upholds Asset Valuation and Creditor Protections u/s 30(2) [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/2099503-nclt-resolution-plan-taxscan.webp "NCLT Sanctions Resolution Plan u/s 30(6) After NCLAT Upholds Asset Valuation and Creditor Protections u/s 30(2) [Read Order]")
Section 7 IBC Petition for Rs. 6.49 Cr Admitted: NCLT Rejects Section 10A Bar as Default Occurred Pre-COVID and Imposes Moratorium [Read Order]
The Mumbai bench of the National Company Law Tribunal (NCLT) admitted the Section 7 Insolvency and Bankruptcy Code,2016 (“I&B Code”) petition filed by the petitioner for Rs 6.49 crore, holding...
![Section 7 IBC Petition for Rs. 6.49 Cr Admitted: NCLT Rejects Section 10A Bar as Default Occurred Pre-COVID and Imposes Moratorium [Read Order]](https://images.taxscan.in/h-upload/2025/10/21/2098825-section-7-ibc-petition-nclt-pre-covid-taxscan.webp "Section 7 IBC Petition for Rs. 6.49 Cr Admitted: NCLT Rejects Section 10A Bar as Default Occurred Pre-COVID and Imposes Moratorium [Read Order]")
