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The constitution of the aforesaid Tribunals is in exercise of the powers conferred by Sections 408 and 410 respectively of the new Companies Act, 2013.

Aggrieved by the aforesaid order, an appeal was filed before the Supreme Court.

This article is based on the analysis of the case decided by the Hon'ble National Company Law Appellate Tribunal (NCLAT) in the matter of Tata Consultancy Services Limited v. Vishal Ghisulal Jain...

The National Company Law Appellate Tribunal, Delhi in its decision dated 10th July, 2019 in HDFC v. RHC Holding Private Limited [Company Appeal (AT)(Insolvency)No. 26 of 2019] while upholding the order of the ...

A divisional bench of the Rajasthan High Court ("Rajasthan HC") recently in a writ petition1 clubbed over seventy different petitions that dealt with certain key issues involving:

The World Bank's annual ranking for ease of doing business brought a joy to the Indian Government when India was recognized to be amongst the top 100 countries.

The Adjudicating Authority has the discretion to provide several opportunities for settlement of the debt

Undoubtedly, there is a fresh air and breather amidst the country's NPA clouds as the insolvency and bankruptcy menaces now look upto their new demigod – The IBC 2016 Code.

In a move aimed at enhancing the regulatory framework under the Insolvency and Bankruptcy Code (IBC), the Insolvency and Bankruptcy Board of India (IBBI) has issued a public invitation for suggestions...

The National Company Law Tribunal, Mumbai Bench (Hon'ble NCLT) in application filed by Mr. R. Subramaniakumar, Administrator of Dewan Housing Finance Corporation Limited (Administrator) against the Committee of Creditors, ...

The NCLAT has observed that it is the duty of the Interim Resolution Professional to take control and custody of all the assets that the Corporate Debtor has ownership right even if it is situated outside India.

In Indian finance market, guarantee or comfort from promoters is a crucial factor for creditors in lending transactions - primarily because promoters of Indian companies have significant say in all decision making and ...

On 05 July 2022, a Full Bench of the National Company Law Appellate Tribunal (NCLAT) in Jaipur Trade Expocentre Private Limited v. M/s Metro Jet Airways Training Private Limited, Company Appeal (AT) (Insolvency) No. 423 of 2021.

In a landmark judgment, National Company Law Appellate Tribunal settled law under Insolvency and Bankruptcy Code 2016 in respect of claims arising out of counter corporate guarantee and non-invoked guarantee.

The corporate insolvency landscaped a significant judicial pronouncement when the National Company Law Tribunal (NCLT) Mumbai adjudicated several interim applications concerning...

The interplay between social welfare statutes and insolvency legislation continues to generate significant judicial discourse in India.

The National Company Law Appellate Tribunal recently addressed a critical jurisdictional question: can insolvency tribunals review or set aside orders passed by statutory development authorities under town planning legislation?