NCLAT confirmed that dissenting financial creditors are entitled to receive their entire liquidation value upfront and in priority over assenting creditors if provided in the resolution plan.upfront and in priority over assenting creditors if provided in the resolution plan.

NCLAT held that an appeal against NCLT’s directions on liquidator remuneration becomes infructuous once the SCC fixes the fees, leaving no cause for further adjudication.

NCLAT held that the Adjudicating Authority can enforce an MSME Act arbitral award during CIRP under Section 60(5) of the IBC, overriding objections under the Arbitration Act.

NCLAT ruled that once a loan amount is disbursed to a corporate debtor, lenders cannot claim ownership, as such funds become part of the debtor’s assets under CIRP.

NCLAT held that CoC exclusively determines CIRP fees and expenses, and once approved, subsequent challenges are barred, reinforcing CoC’s autonomy under IBC.