![Resolution Plan Below CoC’s Commercial Expectations: NCLT Approves Liquidation After Failed CIRP [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099512-resolution-plan-coc-commercial-expectations-nclt-cirp-taxscan.webp "Resolution Plan Below CoC’s Commercial Expectations: NCLT Approves Liquidation After Failed CIRP [Read Order]")
Resolution Plan Below CoC’s Commercial Expectations: NCLT Approves Liquidation After Failed CIRP [Read Order]
The Hyderabad bench of the National Company Law Tribunal (NCLT), ordered the liquidation of SAPF Estates Private Limited after the Corporate ...
![Excise Dues Extinguished Under Approved Resolution Plan: CESTAT Rejects Revenue’s Recovery Appeal Against Bhatia Coke Energy Limited [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/250x150_2093022-excise-dues-resolution-plan-cestat-revenues-recovery-appeal-taxsacan.webp "Excise Dues Extinguished Under Approved Resolution Plan: CESTAT Rejects Revenue’s Recovery Appeal Against Bhatia Coke Energy Limited [Read Order]")
![NCLT directs Liquidation u/s 33 of IBC in absence of Resolution Plan even after Extending Time Period [Read Order]](https://images.taxscan.in/h-upload/2025/08/18/250x150_2077888-nclt-nclt-directs-liquidation-section-33-of-ibc-taxscan-.webp "NCLT directs Liquidation u/s 33 of IBC in absence of Resolution Plan even after Extending Time Period [Read Order]")
![NCLAT Rejects Impleadment Pleas in ₹1300 Crore CIRP Cost Dispute Post Resolution Plan Approval [Read Order]](https://images.taxscan.in/h-upload/2025/08/02/250x150_2072263-nclat-rejects-impleadment-resolution-plan-approval-taxscan.webp "NCLAT Rejects Impleadment Pleas in ₹1300 Crore CIRP Cost Dispute Post Resolution Plan Approval [Read Order]")
![Proceedings Cannot be Initiated Against a Company if Resolution Plan Approved u/s 31 by AA: Kerala HC Quashes Order [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/250x150_2061897-proceedings-cannot-be-initiated-against-a-company-initiated-against-a-company-taxscan.webp "Proceedings Cannot be Initiated Against a Company if Resolution Plan Approved u/s 31 by AA: Kerala HC Quashes Order [Read Order]")
Resolution Plan does not discriminate based on Type of creditors to give preference to secured creditors both having first charge or having residual charges: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal( NCLAT) has held that the resolution plan does not discriminate based onType of creditors to give preference to secured creditors...
![Resolution Plan does not discriminate based on Type of creditors to give preference to secured creditors both having first charge or having residual charges: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050340-resolution-plan-nclat-taxscan.webp "Resolution Plan does not discriminate based on Type of creditors to give preference to secured creditors both having first charge or having residual charges: NCLAT [Read Order]")
Inadvertent Typographical Errors in NCLT Orders can be Corrected u/r 154 of NCLT Rules: NCLAT [Read Order]
In a recent case, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that inadvertent typographical errors in the orders passed by the National Company Law Tribunal...
![Inadvertent Typographical Errors in NCLT Orders can be Corrected u/r 154 of NCLT Rules: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-NCLT-Orders-NCLT-Rules-taxscan.jpg "Inadvertent Typographical Errors in NCLT Orders can be Corrected u/r 154 of NCLT Rules: NCLAT [Read Order]")
Approval of Resolution Plan Cannot be rejected solely based on Withdrawal of Consent by One of Coc Members: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) comprising Justice Yogesh Khanna (Judicial Member) and Mr. Ajai Das Mehrotra (Technical Member) has held that an application...
![Approval of Resolution Plan Cannot be rejected solely based on Withdrawal of Consent by One of Coc Members: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Resolution-Plan-NCLAT-Approval-of-Resolution-Plan-taxscan.jpg "Approval of Resolution Plan Cannot be rejected solely based on Withdrawal of Consent by One of Coc Members: NCLAT [Read Order]")
Mortgagee Bank cannot Seek Exclusion of Property from Resolution Plan Approved by Unit Holders Having Conveyance Deeds: NCLAT Dismisses Appeal of HDFC [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench, while dismissing the appeal of HDFC Bank, has held that the bank in whose favor mortgage rights were created over the property of...
![Mortgagee Bank cannot Seek Exclusion of Property from Resolution Plan Approved by Unit Holders Having Conveyance Deeds: NCLAT Dismisses Appeal of HDFC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/HDFC-Bank.webp "Mortgagee Bank cannot Seek Exclusion of Property from Resolution Plan Approved by Unit Holders Having Conveyance Deeds: NCLAT Dismisses Appeal of HDFC [Read Order]")
Dissenting Financial Creditors are Entitled to Receive Payments on Pro-Rata Basis of Resolution Plan Value: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) Chennai bench ruled that, instead of receiving the liquidation value, dissident financial creditors should be paid on pro- Rata Basis of the...
![Dissenting Financial Creditors are Entitled to Receive Payments on Pro-Rata Basis of Resolution Plan Value: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/NCLAT-Chennai-Resolution-Plan-Financial-Creditors-taxscan.jpg "Dissenting Financial Creditors are Entitled to Receive Payments on Pro-Rata Basis of Resolution Plan Value: NCLAT [Read Order]")
Legal Action not initiatable over any claims that are not included in resolution plan: Bombay HC [Read Order]
The Bombay High Court dismissed an Interim Application filed by the Appellant seeking the release of the bank guarantees, holding that all claims which are not part of the Resolution Plan shall stand...
![Legal Action not initiatable over any claims that are not included in resolution plan: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Bombay-HC-ruling-Legal-claims-resolution-Bank-guarantee-dispute-taxscan.jpg "Legal Action not initiatable over any claims that are not included in resolution plan: Bombay HC [Read Order]")