India - National Company Law Appellate Tribunal

NCLAT: Disputed Commercial Claims Cannot Be Resolved Through Summary Insolvency Proceedings Under Section 9 IBC

More Than a Collection Agency: NCLAT Blocks Insolvency Plea in Complex Freight Dispute In a clear message to creditors, the National Company Law Appellate Tribunal (NCLAT) has reminded stakeholders that the Insolvency and Bankruptcy Code (IBC) is n...

29 May 2026

India - National Company Law Appellate Tribunal

Pending Section 34 Challenge No Bar to Section 7 IBC Admission, Rules NCLAT

NCLAT Upholds Corporate Insolvency Proceedings, Ruling Pending Arbitration Challenges Do Not Halt IBC Action In a significant ruling for financial creditors, the National Company Law Appellate Tribunal (NCLAT) has clarified that the pendency of a c...

29 May 2026

India - National Company Law Appellate Tribunal

Misrepresentation of Jurisdictional Facts Vitiates Insolvency Initiation Under Section 95: NCLAT Sets Aside Order

Fractured Foundation: NCLAT Overturns Section 95 Insolvency Order Built on Misrepresentation In a significant ruling, the National Company Law Appellate Tribunal (NCLAT) has set aside a January 2026 order initiating insolvenc...

29 May 2026

India - National Company Law Appellate Tribunal

E-Filing After Office Hours: NCLAT Rules Legal 'Day' for IBC Appeals Ends at Midnight

E-Filing After Office Hours: NCLAT Rules Legal 'Day' for IBC Appeals Ends at Midnight In a significant relief for insolvency litigants, theNational Company Law Appellate Tribunal(NCLAT) has clarified the procedural nuances of electronic filing under the Insolvency and Bankruptcy Code (IBC). T...

29 May 2026

India - National Company Law Appellate Tribunal

NCLAT Sets Aside E-Auction Under Section 61 IBC for Failure to Facilitate Fair Bidding and Value Maximization

When Technology Hurdles Clash with Value Maximization: NCLAT Intervenes in Moser-Baer Liquidation In a significant ruling that underscores the boundaries of "do-it-yourself" digital auction platforms, theNational Company Law Appellate Tribunal(NCLAT) has set aside a concluded e-auction concer...

29 May 2026

India - National Company Law Appellate Tribunal

Admission of Section 7 Insolvency Proceedings Upheld Despite Settlement Negotiations: NCLAT Rules

Settlement Talks Do Not Trump Statutory Process: NCLAT Affirms Admission of CIRP In a significant ruling for the integrity of the Insolvency and Bankruptcy Code (IBC), theNational Company Law Appellate Tribunal (NCLAT)has clarified that mere ongoing settlement negotiations cannot stall the ju...

29 May 2026

India - National Company Law Appellate Tribunal

Unsubstantiated MoUs Cannot Defeat Resolution Professional’s Right to Asset Possession under IBC: NCLAT

Luxury Perks for Promoters? NCLAT Puts an End to "Shadow" Occupancy in CIRP Proceedings TheNational Company Law Appellate Tribunal(NCLAT), led by Chairperson Justice Ashok Bhushan and Member (Technical) Mr. Barun Mitra, has delivered a stern verdict regarding the limits of promoter control in...

29 May 2026

India - National Company Law Appellate Tribunal

NCLAT Reaffirms RP's Authority to Evict Unauthorized Occupants During CIRP: No Right to Claim Possession Based on Sham Agreements

NCLAT Reaffirms RP’s Authority: Sham Agreements Cannot Bar Eviction During CIRP TheNational Company Law Appellate Tribunal(NCLAT), Principal Bench, has delivered a decisive judgment reinforcing the mandate of the Insolvency and Bankruptcy Code (IBC) regarding the control of a Corporate Debtor...

29 May 2026

India - Supreme Court

Indian Railways Not Deemed Distribution Licensee Under Section 14 Electricity Act; Liable for Cross-Subsidy Surcharge as Consumer: Supreme Court

Railways Derailed: Supreme Court Rules It's Just Another Power Consumer, Not a LicenseeIn a landmark verdict that could reshape how India's vast railway network procures electricity, the Supreme Court on May 8, 2026, dismissed appeals by Indian Railways, holding it is aconsumerunder the Elect...

08 May 2026

India - Supreme Court

No Right to Blanket Regularisation for Para-Teachers; SC Directs Jharkhand to Implement 50% Quota in Recruitment Rules: Supreme Court

Para-Teachers' Desire Meets State's Desirability Test: Supreme Court Charts Middle Path in Jharkhand SagaIn a nuanced verdict balancing teachers' aspirations with constitutional mandates on public employment, the Supreme Court of India dismissed appeals by thousands of para-tea...

07 May 2026