National Company Law Appellate Tribunal Archives

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCLAT | Rejection of Resolution Plan by the NCLT due to Non-Serious, Casual and Non-Diligent Conduct of Resolution Appellant is Good in Law

“The CIRP is a time bound process where timeline has been prescribed for each step. The CIRP cannot be allowed to continue for indefinite period.”

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCLAT | Time taken for preparation of the certified copy of the order/judgment excluded for limitation under Section 61 of the Insolvency & Bankruptcy Code, 2016

National Company Law Appellate Tribunal: Dismissing a time-barred appeal, the Principal Bench of National Company Appellate Tribunal comprising of Ashok Bhushan, J.

Appointments & Transfers News

NCLT | Harish Chander Suri appointed as Technical Member in National Company Law Tribunal

S.O. 1474(E) — In exercise of the powers conferred by Section 408 of the Companies Act, 2013 (18 of 2013), the Central

Case Briefs Tribunals/Commissions/Regulatory Bodies

Corporate Insolvency Resolution Process to be ordered only upon the existence of default, not merely debt

National Company Law Appellate Tribunal (NCLAT): The NCLAT has held that initiation of Corporate Insolvency Resolution Process (“CIRP”) must be ordered only

Case Briefs Tribunals/Commissions/Regulatory Bodies

Dispute among stakeholders in corporate debtor company is not ‘dispute’ as contemplated under Section 5(6) of Insolvency and Bankruptcy Code

National Company Law Appellate Tribunal: The NCLAT has held in an appeal against a common order passed by the NCLT’s Allahabad Bench