NCLAT Upholds Enforceability of Corporate Guarantee Despite Resolution Plan Approval
![](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
![NCLAT Upholds Enforceability of Corporate Guarantee Despite Resolution Plan Approval](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
![](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
![Despite the lack of a written contract, the oral agreement and repayment evidence proved the financial debt](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
- 5 days ago
- 2 min
Despite the lack of a written contract, the oral agreement and repayment evidence proved the financial debt
![](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
![NCLAT Affirms CIRP Initiation Despite GST Dispute Claims](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
- 5 days ago
- 2 min
NCLAT Affirms CIRP Initiation Despite GST Dispute Claims
![](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
![NCLAT Upholds Admission of Insolvency Petition Despite Claims of Insufficient Notice and Delayed Contractual Obligations](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
- 6 days ago
- 2 min
NCLAT Upholds Admission of Insolvency Petition Despite Claims of Insufficient Notice and Delayed Contractual Obligations
![](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
![NCLT Kolkata Bench Approves Resolution Plan and Dismisses Challenge by Unsuccessful Resolution Applicant](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
- 6 days ago
- 2 min
NCLT Kolkata Bench Approves Resolution Plan and Dismisses Challenge by Unsuccessful Resolution Applicant
![](https://static.wixstatic.com/media/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.webp)
![SARFAESI Proceedings Cannot Continue Post-Moratorium Under IBC if Sale Stage Not Reached](https://static.wixstatic.com/media/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.webp)
- 7 days ago
- 2 min
SARFAESI Proceedings Cannot Continue Post-Moratorium Under IBC if Sale Stage Not Reached
![](https://static.wixstatic.com/media/d515a3_dcc6024efc0c4dc19b90555121354f27~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_dcc6024efc0c4dc19b90555121354f27~mv2.webp)
![Section 21 of the Arbitration Act requires a party to set out the disputes but need not quantify the amount in the notice](https://static.wixstatic.com/media/d515a3_dcc6024efc0c4dc19b90555121354f27~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_dcc6024efc0c4dc19b90555121354f27~mv2.webp)
- 7 days ago
- 2 min
Section 21 of the Arbitration Act requires a party to set out the disputes but need not quantify the amount in the notice
![](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
![NCLT Mumbai Bench Affirms Validity of Guarantee Despite Stamp Duty Defects: Ruling that Such Defects Do not Affect the Enforcement of the IB Code](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
- 7 days ago
- 2 min
NCLT Mumbai Bench Affirms Validity of Guarantee Despite Stamp Duty Defects: Ruling that Such Defects Do not Affect the Enforcement of the IB Code
![NCLT Allahabad Bench Approves Resolution Plan for M/s Primuss Pipes & Tubes Ltd: Adherence to IBC Compliance and Creditor Repayment Mandates](https://static.wixstatic.com/media/d515a3_a4cc1dadab204f4da7594f30e701c073~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_a4cc1dadab204f4da7594f30e701c073~mv2.webp)
- Aug 24
- 3 min
NCLT Allahabad Bench Approves Resolution Plan for M/s Primuss Pipes & Tubes Ltd: Adherence to IBC Compliance and Creditor Repayment Mandates
![](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
![NCLAT Stays CIRP Initiation: Appeals Challenge Delay in Filing Company Petitions Beyond Limitation Period](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
- Aug 24
- 2 min
NCLAT Stays CIRP Initiation: Appeals Challenge Delay in Filing Company Petitions Beyond Limitation Period