April 1, 2026 : The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has held that freezing the bank accounts of a corporate debtor during the subsistence of a moratorium under the Insolvency and Bankruptcy Code, 2016 (IBC) is Read more…
Tag: insolvency law India
April 1, 2026 : The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has held that statutory authorities cannot enforce recovery of dues against a corporate debtor during the subsistence of a moratorium under the Insolvency and Bankruptcy Code, Read more…
March 30, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has dismissed an appeal filed by MMTC Limited challenging the settlement scheme of National Spot Exchange Ltd. (NSEL), holding that the issue has attained finality Read more…
March 27, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that once a debenture trustee successfully establishes the existence of financial debt and default, initiation of Corporate Insolvency Resolution Process (CIRP) under Section Read more…
March 27, 2026 : The Indore Bench of the National Company Law Tribunal (NCLT) has ruled that limiting negotiations in a Corporate Insolvency Resolution Process (CIRP) to higher-ranked bidders is not arbitrary when such a restriction is clearly provided in Read more…
March 27, 2026 : The National Company Law Appellate Tribunal (NCLAT) has clarified that a contract terminated prior to the commencement of the Corporate Insolvency Resolution Process (CIRP) cannot be revived through a resolution plan or by directions of the Read more…
March 18, 2026 : The National Company Law Tribunal (NCLT), Bengaluru Bench, has reaffirmed that the Stakeholders’ Consultation Committee (SCC) in liquidation proceedings performs only a consultative function, with ultimate decision-making authority resting with the liquidator. In an order dated Read more…
March 18, 2026 : The National Company Law Tribunal (NCLT), Chandigarh Bench, has clarified that the moratorium imposed under Section 14 of the Insolvency and Bankruptcy Code (IBC) applies only to the corporate debtor and does not extend protection to Read more…
March 17, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench-VI, has reaffirmed that part-payments made by a corporate debtor after the filing of an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) do not dilute Read more…
March 17, 2026 : The Allahabad Bench of the National Company Law Tribunal (NCLT) has held that operational creditors cannot seek disclosure of a resolution plan or liquidation value at the pre-approval stage under the Insolvency and Bankruptcy Code, 2016 Read more…