Friday, 04 September, 2026

Tag: Section 60(5) IBC


NCLT _ National Company Law Tribunal _ LawNotify

May 4, 2026 : The Kolkata Bench of the National Company Law Tribunal has held that directors of a suspended board are not entirely barred from approaching the adjudicating authority during the Corporate Insolvency Resolution Process (CIRP), especially in cases Read more…


NCLT _ National Company Law Tribunal _ LawNotify

April 8, 2026 : The National Company Law Tribunal (NCLT), Kolkata Bench has ruled that its residuary jurisdiction under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 cannot be exercised after approval of a resolution plan to seek disclosure Read more…


NCLT _ National Company Law Tribunal _ LawNotify

April 2, 2026 : The National Company Law Tribunal (NCLT), Chennai Bench has dismissed an application filed by DBS Bank India Limited (formerly Lakshmi Vilas Bank) seeking recovery of over ₹46 crore towards lease rentals and CIRP-related expenses in the Read more…


NCLT _ National Company Law Tribunal _ LawNotify

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…


NCLT _ National Company Law Tribunal _ LawNotify

March 10, 2026 : The Chandigarh Bench of the National Company Law Tribunal (NCLT) has dismissed an application filed by Omkara Assets Reconstruction Pvt. Ltd. seeking admission of its claim as a secured financial creditor in the corporate insolvency resolution Read more…