![Advance Payment Received by Corporate Debtor for Future Supply of Goods is Operational Debt Under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/IBC-NCLT-Advance-Payment-taxscan.jpg "Advance Payment Received by Corporate Debtor for Future Supply of Goods is Operational Debt Under IBC: NCLT [Read Order]")
Advance Payment Received by Corporate Debtor for Future Supply of Goods is Operational Debt Under IBC: NCLT [Read Order]
The National Company Law Tribunal ( NCLT ) Mumbai has held that the payment received in advance by the Corporate Debtor for the future supply of...
![Operational Creditor can only Trigger CIRP on Default in Payment: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Operational-Creditor-Trigger-CIRP-Default-in-Payment-NCLAT-CIRP-on-Default-in-Payment-taxscan.jpg "Operational Creditor can only Trigger CIRP on Default in Payment: NCLAT [Read Order]")
![Claims u/s 11E of Central Excise Act does not Amount to Secured Debt: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Central-Excise-Act-NCLAT-New-Delhi-National-Company-Law-Appellate-Tribunal-NCLAT-IBC-operational-debt-NCLTs-resolution-plan-Reliance-Taxscan.jpg "Claims u/s 11E of Central Excise Act does not Amount to Secured Debt: NCLAT [Read Order]")
Claim for Refund of Security Deposit on Contractual Obligation Contingent on Executing Leave and License Agreement not Operational Debt under IBC: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) observed that the refund of Security Deposit on contractual obligation contingent on executing leave and license agreement...
Advanced Deposit towards Licence Fee to be considered as Operational Debt and Issuance of Notice under NI Act is not a Dispute: NCLT [Read Order]
The Delhi Bench of National Company Law Tribunal (NCLT) held that Advanced deposit towards licence fee to be considered as Operational Debt and issuance of notice under Negotiable Instruments Act is...
![Advanced Deposit towards Licence Fee to be considered as Operational Debt and Issuance of Notice under NI Act is not a Dispute: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Advanced-deposit-licence-fee-Operational-Debt-issuance-of-notice-under-NI-Act-NCLT-Taxscan.jpeg "Advanced Deposit towards Licence Fee to be considered as Operational Debt and Issuance of Notice under NI Act is not a Dispute: NCLT [Read Order]")
Only Debts covered under definition of ‘Operational Debt’ can file application under Section 9 of Insolvency and Bankruptcy Code: NCLT
The National Company Law Tribunal (NCLT), Kochi Bench ruled that only debts covered under the definition of ‘Operational Debt’ can file an application under Section 9 of Insolvency and Bankruptcy...
Advance given by Real-Estate developer to Property Owner is Operational Debt under IBC: NCLT [Read Order]
The National Company Law Tribunal (NCLT), Mumbai on last Saturday ruled that the advance amount received by a property owner from the real-estate developer for a re-development project qualifies as...
![Advance given by Real-Estate developer to Property Owner is Operational Debt under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/real-estate-developer-property-owner-operational-debt-IBC-NCLT-Mumbai-NCLT-Taxscan.jpeg "Advance given by Real-Estate developer to Property Owner is Operational Debt under IBC: NCLT [Read Order]")
Lease rentals arising out of use and occupation of a cold storage unit is an ‘Operational Debt’: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT), New Delhi held that the lease rentals arising out of use and occupation of a cold storage unit is an ‘Operational Debt’. The respondent,...
![Lease rentals arising out of use and occupation of a cold storage unit is an ‘Operational Debt’: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/NCLAT-cold-storage-unit-Operational-Debt-Taxscan.jpg "Lease rentals arising out of use and occupation of a cold storage unit is an ‘Operational Debt’: NCLAT [Read Order]")
![Interest alone cannot be construed as Operational Debt: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Operational-Debt-Interest-Taxscan.jpg "Interest alone cannot be construed as Operational Debt: NCLAT [Read Order]")
A Demand Notice of an Unpaid Operational Debt can be issued by a Lawyer on behalf of the Operational Creditor: SC [Read Judgment]
A two judge bench of the Supreme Court of India, in the case of Macquarie Bank Limited Vs. Shilpi Cable Technologies Ltd. held that a demand notice of an unpaid operational debt can be issued by a...
