Tag: approved resolution plan

NCLAT Refuses to Recall Order Excluding Property Possession Delay from Resolution Plan Timeline, Holds Successful Applicant Cannot Be Penalised

Team Law Notify Commissions, Forums & Tribunals October 12, 2026

NCLAT National Company Law Appellate Tribunal

New Delhi: The National Company Law Appellate Tribunal (NCLAT), New Delhi, has dismissed an application seeking recall of its earlier order excluding the additional time required to obtain vacant possession of an industrial property from the implementation timeline of an Read more…

NCLT Rules Approved Resolution Plan Cannot Be Reopened Merely Due to Increase in Asset Value

Editor Commissions, Forums & Tribunals June 19, 2026

NCLT National Company Law Tribunal India

June 18, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench, has held that a resolution plan approved by the Committee of Creditors (CoC) cannot be sent back for reconsideration merely because the value of the corporate debtor’s assets Read more…