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NCLAT Holds H1 Bidder Immunity Ceases When Only Two Bidders Remain in CIRP Bidding Process
The NCLAT held that the immunity granted to the H1 bidder under the Negotiation Process ceases to apply once only two bidders remain in...
May 263 min read


Assignment of Debt by Related Party After CIRP Commencement to Circumvent CoC Disqualification Is Invalid: NCLAT Dismisses Appeal
NCLAT held that the assignment of debt by a related party after the commencement of CIRP with the intention to circumvent...
May 253 min read


Belated and Resolved Disputes Do Not Bar CIRP Initiation Under Section 9 of IBC: NCLAT Clarifies
NCLAT clarified that belated and resolved disputes do not bar the initiation of the Corporate Insolvency Resolution Process (CIRP) under...
May 253 min read


NCLAT Affirms Absolute Extinguishment of Residual Liabilities Post Going Concern Sale Under IBC
NCLAT has affirmed the absolute extinguishment of residual liabilities following the sale of a corporate debtor as a going concern under...
May 253 min read


Delay in Filing Appeal Without Seeking Certified Copy Bars Relief Under IBC
NCLAT held that a delay in filing an appeal without seeking a certified copy of the impugned order bars relief under the IBC. The...
May 253 min read
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