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Uninvoked Guarantee Constitutes a 'Claim'; Resolution Professional Cannot Unilaterally Reject an Admitted Claim: NCLT Mumbai

Uninvoked Guarantee Constitutes a 'Claim'; Resolution Professional Cannot Unilaterally Reject an Admitted Claim: NCLT Mumbai

Insolvency CorporateGuarantee NCLT

India - National Company Law Tribunal • Case Law • 21 Sep 2025
Mortgage to Secure Group Company's Loan Isn't 'Financial Debt' Under IBC Sec 5(8) Without an Explicit Guarantee: NCLT

Mortgage to Secure Group Company's Loan Isn't 'Financial Debt' Under IBC Sec 5(8) Without an Explicit Guarantee: NCLT

#IBC #NCLT #FinancialDebt

India - National Company Law Tribunal • Case Law • 21 Sep 2025
Sale as 'Going Concern' in Liquidation is Akin to CIRP, Grants 'Clean Slate' from Past Liabilities: NCLT Kolkata

Sale as 'Going Concern' in Liquidation is Akin to CIRP, Grants 'Clean Slate' from Past Liabilities: NCLT Kolkata

NCLT CleanSlateDoctrine Insolvency

India - National Company Law Tribunal • Case Law • 21 Sep 2025
Selective Capital Reduction Permissible 'In Any Manner' Under S.66 of Companies Act If Fair & Non-Prejudicial to Creditors: NCLT Mumbai

Selective Capital Reduction Permissible 'In Any Manner' Under S.66 of Companies Act If Fair & Non-Prejudicial to Creditors: NCLT Mumbai

#NCLT #CapitalReduction #CompaniesAct2013

India - National Company Law Tribunal • Case Law • 21 Sep 2025
NCLT can treat a Section 66 IBC application as a composite one under Sections 45 & 49 to reverse fraudulent undervalued transactions with related parties: NCLT Mumbai

NCLT can treat a Section 66 IBC application as a composite one under Sections 45 & 49 to reverse fraudulent undervalued transactions with related parties: NCLT Mumbai

#NCLT #IBC2016 #FraudulentTransactions

India - National Company Law Tribunal • Case Law • 07 Sep 2025
Debt Arising from Non-Recourse Bill Discounting is Operational, Not Financial; Sec 7 Application Dismissed: NCLT Mumbai

Debt Arising from Non-Recourse Bill Discounting is Operational, Not Financial; Sec 7 Application Dismissed: NCLT Mumbai

NCLT Insolvency FinancialDebt

India - National Company Law Tribunal • Case Law • 07 Sep 2025
SRA Related to Sole CoC Member is Eligible Under S.29A IBC; Plan Below Liquidation Value Permissible: NCLT Mumbai

SRA Related to Sole CoC Member is Eligible Under S.29A IBC; Plan Below Liquidation Value Permissible: NCLT Mumbai

NCLT Insolvency IBC

India - National Company Law Tribunal • Case Law • 07 Sep 2025
Assignee of Debt from a Related Party Inherits Disqualification from CoC: NCLT Chennai

Assignee of Debt from a Related Party Inherits Disqualification from CoC: NCLT Chennai

InsolvencyLaw RelatedParty NCLT

India - National Company Law Tribunal • Case Law • 07 Sep 2025
NCLT Cannot Direct Statutory Authorities to Remove Encumbrances; Successful Resolution Applicant Must Approach Competent Forum: NCLT Kochi

NCLT Cannot Direct Statutory Authorities to Remove Encumbrances; Successful Resolution Applicant Must Approach Competent Forum: NCLT Kochi

NCLT IBC2016 CleanSlateDoctrine

India - National Company Law Tribunal • Case Law • 21 Aug 2025
NCLT Allows Compounding Under S.441 of Companies Act for 7-Year AGM Delay, Imposes ₹92.84 Lakh Fine

NCLT Allows Compounding Under S.441 of Companies Act for 7-Year AGM Delay, Imposes ₹92.84 Lakh Fine

#NCLT #CompaniesAct2013 #CorporateGovernance

India - National Company Law Tribunal • Case Law • 21 Aug 2025
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