Failure to Issue Fresh Form G for substantial assets or a new line of business Discovered: IBBI Suspends authorisation of RP
The Insolvency and Bankruptcy Board of India suspended the authorisation of Resolution Professional (RP) for three months on finding the failure to...
![RTI Act Doesn’t Cover Opinions: IBBI Rejects RTI Appeals Seeking Legal Clarification on CIRP Provisions [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071559-rti-act-cover-opinions-ibbi-rti-appeals-legal-clarification-cirp-provisions-taxscan.webp "RTI Act Doesn’t Cover Opinions: IBBI Rejects RTI Appeals Seeking Legal Clarification on CIRP Provisions [Read Order]")
![IBBI Suspends Insolvency Professional for Overlooking Conflict of Interest in Resolution Plan [Read Notification]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071466-ibbi-taxscan.webp "IBBI Suspends Insolvency Professional for Overlooking Conflict of Interest in Resolution Plan [Read Notification]")
![No Proceedings Allowable on Claims Excluded from Approved Resolution Plan u/s 31(1) of IBC: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/250x150_2054177-resolution-plan.webp "No Proceedings Allowable on Claims Excluded from Approved Resolution Plan u/s 31(1) of IBC: CESTAT [Read Order]")
![NCLAT permits RP to Issue Fresh Form G and to Invite Eol from New Eligible Resolution Applicants by strictly Adhering to Time Bound CIRP Process [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/250x150_2053968-no-appeal-under-section-61-filed-against-an-order-nclat-not-covered-by-part-ii-of-i-b-code-part-ii-of-i-b-code-taxscan.webp "NCLAT permits RP to Issue Fresh Form G and to Invite Eol from New Eligible Resolution Applicants by strictly Adhering to Time Bound CIRP Process [Read Order]")
NCLAT Upholds Condonation of 26 days of Delay in filing of Report u/s 106 of I & B Code by RPl due to delayed submission of Repayment Plan by Personal Guarantor [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) upheld the condonation of 26 days of delay in the filing of the report under section 106 of the Insolvency and Bankruptcy...
![NCLAT Upholds Condonation of 26 days of Delay in filing of Report u/s 106 of I & B Code by RPl due to delayed submission of Repayment Plan by Personal Guarantor [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/500x300_2053956-nclat-practising-company-secretary-filing-appeal-voluminous-running-several-volumes-taxscan.webp "NCLAT Upholds Condonation of 26 days of Delay in filing of Report u/s 106 of I & B Code by RPl due to delayed submission of Repayment Plan by Personal Guarantor [Read Order]")
![NCLAT Upholds Eviction of Hotel Operator from Hotel Property Post Resolution Plan [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/500x300_2051997-nclat-nclat-upholds-eviction-of-hotel-operator-hotel-operator-from-hotel-property-taxscan.webp "NCLAT Upholds Eviction of Hotel Operator from Hotel Property Post Resolution Plan [Read Order]")
Suspended management is unable to release corporate debtor funds after Comencement of CIRP without IRP authorization: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) held that the suspended management of the Corporate Debtor is also strictly prohibited from directly or indirectly...
![Suspended management is unable to release corporate debtor funds after Comencement of CIRP without IRP authorization: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041750-nclat-corporate-debtor-nclat-new-delhi-taxscan.webp "Suspended management is unable to release corporate debtor funds after Comencement of CIRP without IRP authorization: NCLAT [Read Order]")
CoC Abstention from Voting on Resolution Plan Leads to Liquidation: NCLAT Upholds NCLT’s Decision [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal(NCLAT)upheld the National Company Law Tribunal(NCLT)’s decision to approve liquidation for Sintex Plastics Technologies Ltd. following the...
![CoC Abstention from Voting on Resolution Plan Leads to Liquidation: NCLAT Upholds NCLT’s Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/CoC-Abstention-Voting-Resolution-Plan-Leads-Liquidation-NCLAT-NCLTs-Decision-taxscan.jpg "CoC Abstention from Voting on Resolution Plan Leads to Liquidation: NCLAT Upholds NCLT’s Decision [Read Order]")
Delhi HC reduces Suspension Period Imposed by IBBI Disciplinary Committee on Insolvency Professional [Read Order]
The Delhi High Court reduced the Appellant/Resolution Professional's suspension period, pointing out that the IBBI Disciplinary Committee used inaccurate data and failed to consider important factors...
![Delhi HC reduces Suspension Period Imposed by IBBI Disciplinary Committee on Insolvency Professional [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Delhi-HC-Reduces-Suspension-Period-Imposed-by-IBBI-IBBI-taxscan.jpg "Delhi HC reduces Suspension Period Imposed by IBBI Disciplinary Committee on Insolvency Professional [Read Order]")
Approved Resolution Plan Cannot be Reopened based on Belatedly agitated Claims: NCLAT [Read Order]
The National Company Law Appellate Tribunal, Principal Bench, New Delhi dismissed the appeals filed under Section 61 of Insolvency and Bankruptcy Code 2016 due to failure of appellant to exercise due...
![Approved Resolution Plan Cannot be Reopened based on Belatedly agitated Claims: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Approved-Resolution-Plan-Reopened-Belatedly-Claims-NCLAT-TAXSCAN.jpg "Approved Resolution Plan Cannot be Reopened based on Belatedly agitated Claims: NCLAT [Read Order]")
![Excise Order against Liquidated Company is not sustainable: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Excise-Order-Liquidated-Company-sustainable-CESTAT-taxscan.jpg "Excise Order against Liquidated Company is not sustainable: CESTAT [Read Order]")