NCLAT affirmed that the financial creditor’s oversight and involvement in the project through the Project Monitoring Committee does not...

NCLAT held that uninvoked corporate guarantees cannot form the basis of an admissible claim under the CIRP, affirming that only debts...

The NCLAT upheld the Indian Bank’s right to initiate insolvency proceedings under Section 7 of the IBC, despite the fact that a majority...

The NCLAT upheld the validity of granting the Right of First Refusal to the anchor bidder under the Swiss Challenge Mechanism in the...

The NCLAT invalidated the initiation of the Corporate Insolvency Resolution Process (CIRP) due to non-compliance with the Debenture Trust...

NCLAT held that upon approval of the Resolution Plan, all pre-CIRP claims stood extinguished, thereby barring DVC from recovering any...

NCLAT held that the threshold for a Section 9 application under the Insolvency and Bankruptcy Code, 2016, must be determined on the date...

The Supreme Court reaffirmed that the NCLAT cannot condone any delay beyond 45 days under Section 61(2) of the Insolvency and Bankruptcy...

NCLAT held that no operational debt arises in favour of a director in the absence of independent board-approved remuneration, and that...

The NCLAT set aside the NCLT’s liquidation order on the grounds that it was passed without issuing notice to the resolution applicant and...