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NCLAT Chennai Bench Set Aside NCLT’s Admission of Section 9 Application Due to Established Pre-existing Dispute
The NCLAT Chennai Bench set aside the NCLT's admission of the Section 9 application due to the establishment of a pre-existing dispute....
Feb 18, 20252 min read


Failure to Establish Sufficient Cause for Delay in Refiling Leads to Dismissal Under the Time-Bound Framework of IBC
NCLAT held that the failure to establish sufficient cause for the delay in refiling led to the dismissal of the application, emphasizing...
Feb 18, 20253 min read


Insolvency and Bankruptcy Board of India (IBBI) Mandates Intimation of Appointments by Insolvency Professionals
The Insolvency and Bankruptcy Board of India (IBBI) , through its circular dated 11th February 2025 (No. IBBI/LIQ/82/2025) , has directed...
Feb 16, 20251 min read


Appointment of Dr Bhushan Kumar Sinha as a Whole-Time Member of the IBBI
The Ministry of Corporate Affairs, through its notification dated 12th February 2025 , has appointed Dr. Bhushan Kumar Sinha , Former...
Feb 16, 20251 min read


Non-Registration of Charge Under Companies Act Does Not Negate Secured Creditor Status Under CIRP
NCLAT held that non-registration of charge under the Companies Act does not negate secured creditor status under CIRP. The National...
Feb 16, 20253 min read


IBBI Introduces Key Amendments to CIRP Regulations to Streamline Resolution of Real Estate Projects
The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution...
Feb 14, 20252 min read


Corporate Debtor Can Dispute Claims at Section 9 Stage Even Without Responding to Section 8 Notice
NCLAT held that a Corporate Debtor can dispute claims at the Section 9 stage even without responding to the Section 8 notice. The...
Feb 14, 20253 min read


Fraudulent Journal Entry Cannot Override Hypothecation and Asset Ownership in CIRP—Machinery Forms Part of Corporate Debtor’s Assets
NCLAT held that a fraudulent journal entry cannot override hypothecation and asset ownership in CIRP, ruling that the machinery in...
Feb 14, 20253 min read


Limitation Period Governs the Maintainability of a Section 95 IBC Petition
NCLAT held that the limitation period governed the maintainability of a Section 95 IBC petition. The National Company Law Appellate...
Feb 13, 20253 min read


Mere Procedural Lapses in the Service of Demand Notice Do Not Extinguish Personal Guarantor's Liability
NCLAT held that mere procedural lapses in the service of the Demand Notice do not extinguish the liability of the Personal Guarantor. The...
Feb 13, 20253 min read
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