NCLAT held that the transfer of the case by the NCLT President was valid, clarified that no appeal is maintainable under the IBC against...

The NCLAT reaffirmed the strict timelines under Section 59 of the IBC and rejected the delayed intervention application filed during the...

The National Company Law Appellate Tribunal held that a contribution secured by a promissory note qualifies as a financial debt under the...

The NCLAT held that an interest-free loan qualifies as a financial debt and overruled the defence based on Section 186 of the Companies...

The National Company Law Tribunal (NCLT) held that the Insolvency and Bankruptcy Code (IBC) is not a recovery forum, and rejected the...

The National Company Law Appellate Tribunal (NCLAT) held that a successful auction purchaser is not liable for claims that existed prior...

The National Company Law Appellate Tribunal (NCLAT) declined to entertain the appeal, observing that the matter concerning the admission...

The Madras High Court held that the NCLT is bound to appoint the Interim Resolution Professional (IRP) as proposed by the Corporate...

NCLAT held that a secured creditor who realises its security interest under the SARFAESI Act is bound to contribute proportionately...

The Bombay High Court held that no liability under the Negotiable Instruments Act can be imposed on former directors for dishonour of...