NCLT
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NCLT orders to initiate Corporate Insolvency against Flipkart for failure to make payment for purchase of goods
NCLT orders Corporate Insolvency Resolution for Flipkart; finds that Flipkart has committed default and has not paid the Operational debt;…
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NCLT states that date of notice for default of payment cannot be deemed as the date of default, rejects application
NCLT rejects the application of the petitioner finding that the petitioners have failed to substantiate the amount of interest in…
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NCLT cancels Liberty House Group’s Resolution Plan, orders liquidation of Corporate Debtor
NCLT passes order for liquidation of Corporate Debtor finding that the 270 days period for implementation of Resolution Plan; directs…
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NCLT in exceptional circumstances doesn’t allow MSME to regain control of the Corporate Debtor
NCLT dismisses appeal against order of Adjudicating Authority approving Resolution Plan of Corporate Debtor; says that it is open to…
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NCLT holds that IBC does not permit related parties being Financial Creditors to participate in CoC, hence transactions between related parties & outsiders cannot be equated
NCLT approves Resolution Plan; says any transactions between the related parties cannot be equated to transactions with outsiders on an…
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NCLT clarifies that Insolvency & Bankruptcy Code is not a substitute to a recovery forum, dismisses petition for CIRP
NCLT dismisses petition for CIRP finding that the debt and default are in dispute as well as suffer a bar…
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NCLT rejects IDBI objections over initiating CIRP which was filed by Corporate Debtor iteslf u/s section 10 of IBC
NCLT admits IB petition by the Corporate Debtor/Corporate Applicant Company for initiating CIRP for itself, finds that the IB petition…
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NCLT orders reinstatement of the name of respondent company in the ROC, sets aside ROC order for non-compliance
NCLT sets aside the order of the ROC, West Bengal to strike off the name of Respondent Company due to…
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NCLT finds evidence of existing dispute about the amount of debt, holds not maintainable u/s 9 of IBC
NCLT rejects application for CIRP of Corporate Debtor on the grounds of existing serious dispute between the parties about the…
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NCLT allows SBI to opt out of Liquidation process but prohibits sale of assets to disqualified persons.
NCLT grants permission to Secured Creditors to opt out of the Liquidation process but imposes a bar on the secured…
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