NCLAT upholds the Operational Creditor's claim despite the Corporate Debtor's allegations of fabricated invoices and involvement of a...

NCLAT ruled that the Committee of Creditors (CoC) lacks jurisdiction to substitute or modify the Successful Resolution Applicant’s...

Despite the company’s earlier strike-off, the NCLAT confirmed the validity of the Resolution Plan. The NCLAT reiterated that even...

NCLAT held that the CIRP costs cannot include costs associated with terminated projects that do not contribute to the ongoing viability...

NCLAT determines that the Commissioner of State Tax Department's claims are appropriately classified as unsecured. The National Company...

NCLAT held that failure of a One-Time Settlement (OTS) cannot reset the default date and does not preclude proceedings under Section 7 of...

NCLAT held that the related parties do not have a legal right to be treated on par with unrelated financial creditors in a resolution...

Supreme Court held that the drawer who issued the cheque is liable for interim compensation, not authorized signatories or company...

Supreme Court ruled that the approval of a resolution plan for a guarantor does not automatically discharge the underlying debt of the...

NCLAT answers to the question, whether Section 33(5) of the IB Code Mandates Prior Approval for a Liquidator to Initiate Proceedings:...