The NCLT approved Orissa Metaliks' resolution plan for Metenere Limited, upholding the CoC's authority and ensuring compliance with IBC...

NCLT held that non-compliance with the CIRP framework and procedural irregularities rendered the Resolution Plan unfit for approval. The...

NCLAT reiterated that pre-CIRP rental claims were classified as operational debts, not CIRP costs. The National Company Law Appellate...

The NCLAT upheld the disqualification under Section 29A(c) of the IBC, rejecting MSME status as a valid defence. The National Company Law...

NCLAT permitted the dissolution of a corporate debtor without liquidation due to futility and lack of assets. The National Company Law...

NCLT held that the existence of a pre-existing bona fide dispute regarding the invoices precluded the initiation of a CIRP. The National...

NCLT emphasized the enforceability of personal guarantees and the procedural framework for initiating insolvency proceedings against...

Supreme Court Clarified Prior CCI Approval Requirement for IBC Resolution Plans Involving Combinations. The Supreme Court Bench...

NCLT held that claims during liquidation had to be substantiated with specific and concrete evidence rather than being speculative,...

NCLAT upheld the discretion of the Adjudicating Authority regarding the maintainability of proceedings and granting time for a reply...