Non-Payment of Liquidation Costs Leads to Automatic Relinquishment of Security Interest Under IBBI Regulations

NCLAT Affirms NCLT's Jurisdiction to Approve Cancellation of Power of Attorney in Resolution Plan

Adjudicating Authority's Direction to Release Non-Fund Based (NFB) Limits Upheld, Aligning with Approved Resolution Plan and CoC's Commercial Judgment

Registrar of NCLT Cannot Adjudicate Maintainability of Section 95 Petition at Filing Stage; Role Limited to Ministerial Functions

Sanjay Malhotra Appointed as the New RBI Governor

Compulsory Convertible Debentures with Time Value of Money Qualify as Financial Debt under Section 5(8) of IBC: NCLAT

SARFAESI and Arbitration Proceedings Can Proceed Simultaneously: Court's Scope Under Section 11(6) Limited to Examining Arbitration Agreement

SARFAESI Act Proceedings Can Coexist with Arbitration and RDB Act Remedies; Procedural Nature Allows Application to Existing Debts

Commercial Wisdom of CoC Prevails: NCLAT Upholds Resolution Plan Approval and Expunges Adverse Remarks Against Former RP

Application Under Section 7 of the IBC Valid Despite NPA Status and Section 10A Bar