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NCLAT Clarifies Timing of Withdrawal Application Under Section 12A: Filing Date Determines Applicability of CoC Approval
NCLAT clarified that under Section 12A of the IBC, the applicability of Committee of Creditors (CoC) approval depends on the actual date...
Apr 184 min read


Section 9 Petition Dismissed: No Interest Without Agreement – Claim Below Threshold After Exclusion of 10A Period
NCLAT held that a Section 9 petition under the IBC was not maintainable as the interest component, lacking any prior agreement, could not...
Apr 173 min read


Electricity Dues in Liquidation: No Recovery from Auction Purchaser Beyond IBC Waterfall Mechanism
NCLAT held that electricity dues in liquidation cannot be recovered from the auction purchaser, as such claims must be settled strictly...
Apr 173 min read


NCLAT Cannot Declare Registered Sale Deed as Non-binding in Absence of Title Transfer through Registered Conveyance or Suit for Specific Performance
The Supreme Court held that the NCLAT could not have declared the registered sale deed as non-binding on the company in the absence of a...
Apr 173 min read


Immovable Property Cannot Form Part of Resolution Plan Without Registered Ownership Transfer – Agreement to Sell Does Not Confer Title
NCLAT held that immovable property cannot form part of the resolution plan unless there is a registered transfer of ownership, as an...
Apr 163 min read
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