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Посты канала
High Court-Jharkhand:
Whether an eviction proceeding under the Jharkhand Building (Lease, Rent & Eviction) Control Act, 2011 in respect of premises used for trade or commerce lies before the Commercial Court under the Commercial Courts Act, 2015 or exclusively before the Rent Controller?
Commercial Courts Act, 2015, Sections 2(1)(c), 2(1)(c)(vii), 11 and 21; Jharkhand Building (Lease, Rent & Eviction) Control Act, 2011, Sections 2(d), 19 and 31 – Issue was whether an eviction proceeding relating to premises used for trade or commerce could be entertained only by the Commercial Court or whether jurisdiction remained with the Rent Controller under the special tenancy statute. Held that under the 2011 Act, eviction is to be...
Citation: (2026) ibclaw.in 3667 HC
Read More: https://ibclaw.in/aditya-birla-lifestyle-brands-ltd-vs-devanand-singh-and-son-huf-jharkhand-high-court/
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| 2 | High Court-Bombay:
Whether, pending arbitration under Section 9 of the Arbitration and Conciliation Act, 1996, respondent partners could be restrained from interfering with redevelopment and management of the LLP project when the validity of their expulsion and their continuing management rights under the LLP agreements were disputed?
Arbitration and Conciliation Act, 1996 – Sections 9, 21; Limited Liability Partnership Act – Section 23, Schedule I, Clause 8 – Petition under Section 9 seeking protection of redevelopment project of LLP – dispute whether respondent partners, alleged to have been expelled, could continue to interfere with management and redevelopment pending arbitration – petitioners relied on Clause 22.5 of LLP Agreement dated 23-7-2010 and Clause (E) of Supplementary Agreement dated...
Citation: (2026) ibclaw.in 3755 HC
Read More: https://ibclaw.in/zuzar-kathawala-and-ors-vs-bhupesh-agarwal-and-ors-bombay-high-court/
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| 3 | High Court-Gujarat:
Whether an acquittal in a prosecution under Section 138 of the Negotiable Instruments Act can be sustained where the cheque was described in the complainant’s own notice as a security cheque and the complainant failed to produce cogent documents proving an existing legally enforceable debt on the date of the cheque?
Negotiable Instruments Act, 1881 – Sections 118(a), 138, 139; Code of Criminal Procedure, 1973 – Sections 313, 397, 401 – Revision by original complainant against appellate acquittal in cheque dishonour case – complainant alleged sale of goods on credit, part payment by accused, and issuance of cheque for balance amount – appellate court found that complainant’s own notice stated that cheque was issued towards security and that no bills, invoices...
Citation: (2026) ibclaw.in 3779 HC
Read More: https://ibclaw.in/chiragbhai-jagdishchandra-shah-vs-state-of-gujarat-and-anr-gujarat-high-court/
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| 4 | High Court-Delhi:
Whether a statutory notice under Section 138(b) of the Negotiable Instruments Act becomes invalid merely because the amount demanded is less than the aggregate amount of the dishonoured cheques on account of admitted part payments?
Negotiable Instruments Act, 1881, Sections 138, 138(b) and 56 – validity of statutory demand notice – complaint founded on eight dishonoured cheques aggregating to Rs.8,02,410/-, while notice demanded Rs.6,52,410/- after accounting for admitted part payments – Sessions Court set aside summoning order treating the notice as invalid and omnibus. Held that the statutory notice had to be read as a whole, and in the present case it specifically mentioned the...
Citation: (2026) ibclaw.in 3697 HC
Read More: https://ibclaw.in/ms-pharmaceuticals-vs-nityam-pharma-delhi-high-court/
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| 5 | DRAT-Kolkata:
Whether a subsequent e-auction sale of secured immovable property under Rule 8(6) and Rule 9(1) of the Security Interest (Enforcement) Rules, 2002 can be sustained when the borrower was not given a clear 15 days’ notice before the date of auction?
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Sections 13(2) and 17; Security Interest (Enforcement) Rules, 2002, Rules 8(6) and 9(1) – challenge to subsequent e-auction sale of secured asset on ground of inadequate notice to borrower. Held that although it was a case of subsequent sale and a composite notice under Rules 8(6) and 9(1) may constitute sufficient compliance, the mandatory requirement of not...
Citation: (2026) ibclaw.in 257 DRAT
Read More: https://ibclaw.in/uco-bank-vs-anjan-kumar-dey-and-ors-drat-kolkata/
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| 6 | DRAT-Kolkata:
Whether securitisation action under the SARFAESI Act can be sustained when notices under Section 13(2), Section 13(4) and Rule 8(6) are not proved to have been served on the borrowers, and whether the secured assets were shown to be agricultural land under Section 31(i)?
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Sections 13(2), 13(4) and 31(i); Security Interest (Enforcement) Rules, 2002, Rules 3, 4 and 8(6) – Issue was whether the Bank’s securitisation action could stand when service of statutory notices was disputed and whether the secured assets were agricultural land. Held that the earlier S.A. having been dismissed as infructuous, the subsequent challenge was not barred by...
Citation: (2026) ibclaw.in 265 DRAT
Read More: https://ibclaw.in/s-nagaratna-patro-and-ors-vs-central-bank-of-india-and-ors-drat-kolkata/
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| 7 | DRT-Delhi:
Whether defendants later introduced as guarantors and mortgagors under a renewal sanction remained liable when their names and properties were omitted from subsequent renewal sanction letters and the bank failed to prove a valid continuing guarantee and mortgage?
Recovery of Debts Due to Banks and Financial Institutions Act, 1993, Section 19; Transfer of Property Act, 1882, Section 58(f); Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Section 13(2) – Applicant bank sought recovery against borrower, directors, guarantors and mortgagors, including defendants 7 and 8 who had been introduced under sanction letter dated 25-07-2014 with three collateral properties. Subsequent sanction letters dated 03-12-2015, 29-09-2016...
Citation: (2026) ibclaw.in 547 DRT
Read More: https://ibclaw.in/hdfc-bank-ltd-vs-gautam-techagro-india-pvt-ltd-and-ors-drt-delhi/
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| 8 | DRT-Madurai:
Whether a possession notice under Section 13(4) of the SARFAESI Act can be sustained when the secured creditor fails to strictly comply with Rule 8(1) and 8(2) of the Security Interest (Enforcement) Rules, 2002?
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 – Sections 13(2), 13(3-A), 13(4), 17; Security Interest (Enforcement) Rules, 2002 – Rule 8(1), 8(2), 8(2-A) – challenge to possession notice issued after classification of loan account as NPA. Held that though there was no dispute regarding availment of loan facilities by creating equitable mortgage and the applicants were defaulters liable to repay the bank, the secured...
Citation: (2026) ibclaw.in 579 DRT
Read More: https://ibclaw.in/e-satheeskumar-and-anr-vs-authorized-officer-idbi-bank-and-anr-drt-madurai/
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| 9 | DRT-Chennai:
Whether a securitisation application challenging measures under Sections 13(2) and 13(4) of the SARFAESI Act can succeed when the secured creditor proves registration of security interest and due service and publication of the statutory notices in accordance with the Act and Rules?
Securitization And Reconstruction of Financial Asset and Enforcement of Security Interest Act, 2002, Sections 13(2), 13(4), 17(1) and 2(o); Security Interest Enforcement Rules, 2002 – challenge to SARFAESI measures on grounds of non-registration of security interest, invalid NPA classification, non-service of notices, and non-publication of possession notice. Held that the secured creditor had produced the CERSAI report showing registration of the equitable mortgage with the Central Registry; the demand notice...
Citation: (2026) ibclaw.in 554 DRT
Read More: https://ibclaw.in/n-samsudeen-vs-authorized-officer-canara-bank-drt-chennai/
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| 10 | NCLT-Bengaluru Bench:
Whether purchasers holding pre-CIRP registered sale deeds can invoke Section 60(5) of the Insolvency and Bankruptcy Code, 2016 to enforce proprietary rights and seek exclusion of their transactions from pending avoidance proceedings, and to what extent are they entitled to be heard therein?
Insolvency and Bankruptcy Code, 2016, Sections 43, 45, 60(5) and 66; Companies Act, 2013, Section 213; IBBI (Liquidation Process) Regulations, 2016, Regulation 32A and Regulation 32(e) – Purchasers holding registered sale deeds executed prior to commencement of CIRP sought impleadment in avoidance proceedings, exclusion of their sale deeds from Section 66 proceedings, protection of proprietary rights, and status quo on distribution of sale proceeds. Held that the dispute fundamentally arose...
Citation: (2026) ibclaw.in 2699 NCLT
Bench: Shri Sunil Kumar Aggarwal (Judicial Member) and Shri Radhakrishna Sreepada (Technical Member)
Read More: https://ibclaw.in/shailendra-ravi-and-ors-vs-surender-devasani-liquidator-of-vikram-structures-pvt-ltd-nclt-bengaluru-bench/
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| 11 | NCLT-Chennai Bench:
Whether proceedings under Section 95 of the Insolvency and Bankruptcy Code, 2016 against a personal guarantor can be resisted on the ground that the corporate debtor’s actionable claims and assets were not fully pursued in CIRP and liquidation, and whether such proceedings were fraudulently or maliciously initiated within Section 65 of the Code?
Insolvency and Bankruptcy Code, 2016, Sections 60(2), 65(1), 95, 97, 99, 100 and 101; Indian Contract Act, 1872, Section 128 – proceedings under Section 95 were opposed on the ground that during CIRP and liquidation of the corporate debtor, valuable actionable claims, receivables and litigations were not pursued and hence invocation of personal guarantee was fraudulent and malicious under Section 65. Held that the Tribunal’s jurisdiction under Part III was...
Citation: (2026) ibclaw.in 2570 NCLT
Bench: Shri Jyoti Kumar Tripathi (Judicial Member) and Shri Ravichandran Ramasamy (Technical Member)
Read More: https://ibclaw.in/state-bank-of-india-vs-vaddineni-savitri-naidu-nclt-chennai-bench/
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| 12 | NCLT-Chennai Bench:
Whether insolvency proceedings under Section 95 of the Insolvency and Bankruptcy Code, 2016 against a personal guarantor can be resisted on the ground that the corporate debtor’s actionable claims and assets were not fully pursued during CIRP and liquidation, or as being fraudulently initiated under Section 65 of the Code?
Insolvency and Bankruptcy Code, 2016 – Sections 60(2), 65(1), 95, 97, 99, 100, 101; Indian Contract Act, 1872 – Section 128. Petition under Section 95 was filed by the financial creditor against the personal guarantor of the corporate debtor, whose CIRP and liquidation had already commenced. The personal guarantor resisted the petition and separately invoked Section 65, alleging that the creditor, Committee of Creditors, Resolution Professional and Liquidator had failed...
Citation: (2026) ibclaw.in 2571 NCLT
Bench: Shri Jyoti Kumar Tripathi (Judicial Member) and Shri Ravichandran Ramasamy (Technical Member)
Read More: https://ibclaw.in/state-bank-of-india-vs-vaddineni-devasena-nclt-chennai-bench/
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| 13 | NCLT-Amaravati Bench:
Whether a corporate debtor can be dissolved during CIRP under Sections 33 and 54 of the Insolvency and Bankruptcy Code, 2016, without undergoing liquidation where it has no traceable assets and its directors are untraceable?
Insolvency and Bankruptcy Code, 2016 – Sections 33, 54, 60(5), 19(2); NCLT Rules, 2016 – Rule 11; CIRP Regulations, 2016 – Regulation 40E – issue was whether the corporate debtor could be dissolved during CIRP without undergoing liquidation where no assets were traceable, the company had been non-operational for years, and the suspended directors were untraceable. Held that in view of the amendments brought into force to Sections 33 and...
Citation: (2026) ibclaw.in 2619 NCLT
Bench: Shri Kishore Vemulapalli (Judicial Member) and Shri Umesh Kumar Shukla (Technical Member)
Read More: https://ibclaw.in/r-hari-prasad-rp-of-coastal-automobiles-pvt-ltd-nclt-amaravati-bench/
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| 14 | NCLT-Amaravati Bench:
Whether an application under Rule 39(2) of the National Company Law Tribunal Rules, 2016 seeking cross-examination can be numbered and entertained before the company petition reaches the stage where the Tribunal can assess the necessity of such cross-examination in the interest of natural justice?
National Company Law Tribunal Rules, 2016 – Rules 39(2), 28(4), 63 – appeal against Registry proceedings declining to number an interlocutory application seeking cross-examination of the petitioners in a pending company petition. Held that Rule 39(2) enables cross-examination only when the Tribunal, considering the stage of the proceedings and the issues involved, forms an opinion that such cross-examination is necessary in the interest of natural justice. Since the main company...
Citation: (2026) ibclaw.in 2692 NCLT
Bench: Shri Kishore Vemulapalli (Judicial Member)
Read More: https://ibclaw.in/lakshmmi-natta-and-ors-vs-nalli-soumya-and-ors-nclt-amaravati-bench/
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| 15 | Whether, when no repayment plan is approved by the creditors under Sections 112 and 114 of the Insolvency and Bankruptcy Code, 2016 in a personal guarantor insolvency process, the process must be terminated and the debtor and creditors become entitled to initiate bankruptcy proceedings under Section 115(2)?
Insolvency and Bankruptcy Code, 2016 – Sections 112, 114, 115(2), 101 – In personal guarantor insolvency proceedings, where despite repeated opportunities no compliant repayment plan was submitted and the revised repayment plan placed before the creditors was rejected by the sole creditor, the question was the consequence to follow. Held that Section 112 required the Resolution Professional to place the repayment plan before the creditors and submit the report of...
Citation: (2026) ibclaw.in 2670 NCLT
Read More: https://ibclaw.in/shailesh-desai-vs-ramila-kirti-sheth-nclt-mumbai-bench/
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| 16 | High Court-Karnataka:
Whether stamp duty on an NCLT amalgamation order under the Karnataka Stamp Act, 1957 can be recomputed on the basis of a pre-amalgamation share valuation rather than valuation relatable to the order approving the scheme of amalgamation?
Karnataka Stamp Act, 1957 – Sections 2(d)(iv), 2(j), 17 and Article 20(4) of Schedule I; Companies Act, 2013 – Sections 230 to 232 – question arose as to the basis on which stamp duty on an NCLT order approving a scheme of amalgamation was to be computed, after the authority had initially adjudicated duty at Rs.1,07,800 and later demanded Rs.1,77,28,070 on the basis of a valuation dated 23.02.2018. Held that...
Citation: (2026) ibclaw.in 3956 HC
Read More: https://ibclaw.in/quikr-india-pvt-ltd-vs-state-of-karnataka-and-anr-karnataka-high-court/
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| 17 | NCLT-Mumbai Bench:
Whether cancellation of allotted plots during liquidation, affecting the corporate debtor’s long-term possessory and enjoyment rights, is barred as “other legal proceeding” under Section 33(5) of the Insolvency and Bankruptcy Code, 2016?
Insolvency and Bankruptcy Code, 2016 Sections 33(5), 36(2), 36(4)(a)(iv), 60(5); Transfer of Property Act, 1882 Section 53A – issue was whether MIDC could, during liquidation, cancel allotment of two plots in respect of which the Corporate Debtor had paid full premium and obtained possession, though the lease agreement had not been executed, and whether such rights formed part of the liquidation estate. Held that the Corporate Debtor had acquired valuable,...
Citation: (2026) ibclaw.in 2665 NCLT
Bench: Shri Sushil Mahadeorao Kochey (Judicial Member) and Mr. Prabhat Kumar (Technical Member)
Read More: https://ibclaw.in/jet-airways-india-ltd-through-satish-kumar-gupta-liquidator-vs-maharashtra-industrial-development-corporation-nclt-mumbai-bench/
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| 18 | NCLT-Chandigarh Bench:
Whether an enhanced Income Tax claim based on assessment or reassessment orders passed during moratorium can be admitted after the resolution plan has already been approved by the Committee of Creditors and is pending approval under Section 31 of the Insolvency and Bankruptcy Code, 2016?
Insolvency and Bankruptcy Code, 2016 – Sections 14, 30, 31, 60(5), 238; Income Tax Act, 1961 – Sections 148, 148A – revised Income Tax claim sought to be enhanced on the basis of assessment/reassessment orders passed during moratorium, after the Resolution Plan had already been approved by the Committee of Creditors and was pending approval under Section 31. Held that while statutory authorities may assess and determine dues during moratorium,...
Citation: (2026) ibclaw.in 2589 NCLT
Bench: Shri K. Biswal (Judicial Member) and Shri Kaushalendra Kumar Singh (Technical Member)
Read More: https://ibclaw.in/dy-commissioner-of-income-tax-vs-darshan-singh-anand-rp-nclt-chandigarh-bench/
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| 19 | NCLT-Amaravati Bench:
Whether a petition under Section 95 of the Insolvency and Bankruptcy Code, 2016 against a personal guarantor is maintainable without prior contractual invocation of the deed of guarantee, and whether Form B demand notice can itself constitute such invocation?
Insolvency and Bankruptcy Code, 2016 – Sections 95, 96(1), 99, 3(11), 3(12); Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019 – Rules 3(1)(e), 7(1), 7(2); Indian Contract Act, 1872 – Section 128 – petition under Section 95 against personal guarantor – issue was whether the financial creditor had validly invoked the personal guarantee before issuing Form B demand notice....
Citation: (2026) ibclaw.in 2617 NCLT
Bench: Shri Kishore Vemulapalli (Judicial Member)
Read More: https://ibclaw.in/state-bank-of-india-vs-dr-jitendra-das-maganti-and-anr-nclt-amaravati-bench/
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| 20 | IBC Laws Today | Daily Case Laws Updates | 30 July 2026
Read More: https://ibclaw.in/ibc-laws-today-daily-case-laws-updates-30-july-2026/
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Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/ | 55 |
