Tag: CoC approval

NCLAT Upholds RP’s Power To Appoint Transaction Auditor Without CoC Approval, Partly Sets Aside Preferential Transaction Order

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

NCLAT _ National Company Law Appellate Tribunal _ LawNotify

May 11, 2026 : The National Company Law Appellate Tribunal (NCLAT), New Delhi, has held that a Resolution Professional (RP) is empowered to appoint professionals, including transaction auditors, for conduct of the Corporate Insolvency Resolution Process (CIRP) without prior consultation Read more…

NCLAT Chennai: Belated, Unsubstantiated Claims Cannot Be Entertained After CoC Approval of Resolution Plan

Team Law Notify Commissions, Forums & Tribunals April 10, 2026

April 9, 2026 : The National Company Law Appellate Tribunal (NCLAT), Chennai Bench has dismissed an appeal filed by GK Ispat Private Limited, reiterating that claims not filed within the prescribed timeline or lacking proper substantiation cannot be entertained at Read more…