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…
New Delhi: The Supreme Court has clarified the application of the ‘clean slate’ principle under the Insolvency and Bankruptcy Code, 2016 (IBC), holding that an extinguished claim cannot be used to seek independent recovery after approval of a resolution plan. Read more…
April 21, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has ruled that a Successful Resolution Applicant (SRA) cannot reopen or re-adjudicate claims that have already been verified and admitted during the Corporate Insolvency Resolution Process (CIRP), Read more…