Commissions, Forums & Tribunals NCLT Indore: Restricting CIRP Negotiations to H1, H2 Bidders Not Arbitrary If Based on RFRP Team Law NotifyMarch 28, 2026April 10, 20263 mins March 27, 2026 : The Indore Bench of the National Company Law Tribunal (NCLT) has ruled that limiting negotiations in…
Commissions, Forums & Tribunals NCLAT: Pre-CIRP Terminated Contracts Cannot Be Revived Through Resolution Plan; DMRC Not Bound to Reinstate Concession Team Law NotifyMarch 28, 2026March 31, 20263 mins March 27, 2026 : The National Company Law Appellate Tribunal (NCLAT) has clarified that a contract terminated prior to the…
Commissions, Forums & Tribunals NCLT Bengaluru: SCC Role is Consultative, Directs Liquidator to Accept ₹2 Crore OTS in Bhuvana Infra Liquidation Team Law NotifyMarch 19, 2026April 3, 20262 mins March 18, 2026 : The National Company Law Tribunal (NCLT), Bengaluru Bench, has reaffirmed that the Stakeholders’ Consultation Committee (SCC)…
Commissions, Forums & Tribunals NCLT Chandigarh Allows Insolvency Proceedings Against Personal Guarantors; Moratorium Does Not Protect Them Team Law NotifyMarch 19, 2026April 10, 20263 mins March 18, 2026 : The National Company Law Tribunal (NCLT), Chandigarh Bench, has clarified that the moratorium imposed under Section…
Commissions, Forums & Tribunals NCLT Mumbai: Part-Payments After Section 9 Filing Do Not Defeat ₹1 Crore Threshold Under IBC Team Law NotifyMarch 18, 2026April 13, 20263 mins March 17, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench-VI, has reaffirmed that part-payments made by a corporate debtor…
Commissions, Forums & Tribunals NCLT Allahabad: Operational Creditors Not Entitled to Resolution Plan or Liquidation Value Before Approval Team Law NotifyMarch 18, 2026April 10, 20262 mins March 17, 2026 : The Allahabad Bench of the National Company Law Tribunal (NCLT) has held that operational creditors cannot…
Commissions, Forums & Tribunals NCLAT: Directors’ Remuneration Not Fraudulent Trading Under IBC Without Clear Proof of Intent to Defraud Team Law NotifyMarch 4, 2026March 7, 20263 mins March 04, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has held that remuneration…
Commissions, Forums & Tribunals NCLAT Dismisses Appeal by Rolta India’s Former Employees, Upholds Resolution Plan Approved by NCLT Team Law NotifyMarch 4, 2026March 7, 20263 mins March 04, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has dismissed an appeal…
Commissions, Forums & Tribunals Valuation Reports Confidential, Suspended Directors Who Are Prospective Resolution Applicants Have No Right to Disclosure Team Law NotifyJanuary 14, 2026January 14, 20263 mins NCLT Mumbai, January 06, 2026 : The National Company Law Tribunal, Mumbai Bench, has rejected an application filed by a…
Commissions, Forums & Tribunals SARFAESI Demand Notice Validly Invokes Personal Guarantee Despite ‘Director’ Label Team Law NotifyJanuary 14, 2026January 14, 20263 mins NCLAT, January 7, 2026 : The National Company Law Appellate Tribunal has clarified that a demand notice issued under Section…