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NCLT-Jaipur Bench In a liquidation sale of the Corporate Debtor as a going concern on an ‘as is where is, as is what is and no recourse’ basis, NCLT may permit change of company status to ‘Active and reconstitution of directors/shareholding, but cannot grant blanket waivers overriding tax, RBI or other statutory authorities Read More: https://ibclaw.in/real-value-infotech-projects-pvt-ltd-vs-bihari-lal-chakravarti-liquidator-and-anr-nclt-jaipur-bench/ Reported at: (2026) ibclaw.in 1831 NCLT Bench: Ms. Reeta Kohli (Judicial Member) and Ms. Kavita Bhatnagar (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

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NCLAT-New Delhi Where funds were routed through the Corporate Debtor and transferred on the same day to another group entity, such sham or round-tripping transactions do not constitute a financial debt, and Section 7 of the IBC is not maintainable on that basis Read More: https://ibclaw.in/chandra-shekhar-jha-and-anr-vs-religare-enterprise-ltd-and-ors-nclat-new-delhi/ Reported at: (2026) ibclaw.in 729 NCLAT Bench: Mr. Justice Ashok Bhushan (Chairperson) and Mr. Barun Mitra (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLT-Kolkata Bench Whether assessment and quantification dues arising out of the EPF & MP Act, 1952 after the liquidation commencement date renders the claim non-maintainable? | Whether proceedings under the EPF & MP Act, 1952 are barred by Section 33(5) of the IBC during liquidation? Read More: https://ibclaw.in/central-board-of-trust-employees-provident-fund-vs-corporate-power-ltd-and-anr-nclt-kolkata-bench/ Reported at: (2026) ibclaw.in 1701 NCLT Bench: Ms. Bidisha Banerjee (Judicial Member) and Shri Cmde Siddharth Mishra (Retd.) (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLT-Kolkata Bench For a corporate guarantee payable on demand, limitation against the corporate guarantor commences from invocation of the guarantee, and a Section 7 IBC application against the corporate guarantor is maintainable notwithstanding pendency of separate Section 7 proceedings against the principal borrower Read More: https://ibclaw.in/bank-of-india-vs-bahubali-realbuild-pvt-ltd-nclt-kolkata-bench/ Reported at: (2026) ibclaw.in 1718 NCLT Bench: Ms. Bidisha Banerjee (Judicial Member) and Shri Cmde Siddharth Mishra (Retd.) (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLT-Kochi Bench A higher score under the Evaluation Matrix does not confer any vested right on a resolution applicant to have its plan approved, and NCLT cannot interfere with CoC’s approval of a lower-ranked plan absent material irregularity, statutory violation or arbitrariness in the decision-making process Read More: https://ibclaw.in/dr-ayyappan-nair-raghavan-pillai-vs-coc-of-attukal-devi-institute-of-medical-sciences-ltd-and-ors-nclt-kochi-bench-2/ Reported at: (2026) ibclaw.in 1840 NCLT Bench: Mr. Vinay Goel (Judicial Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLT-Chandigarh Bench An application under Section 9 of IBC is not maintainable where pre-existing disputes on quality, account reconciliation and debit/credit note adjustments make the operational debt uncrystallized and below threshold Read More: https://ibclaw.in/west-in-avo-pvt-ltd-vs-workin-business-pvt-ltd-nclt-chandigarh-bench/ Reported at: (2026) ibclaw.in 1812 NCLT Bench: Shri K. Biswal (Judicial Member) and Shri Kaushalendra Kumar Singh (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLT-Jaipur Bench Where the underlying transaction is intertwined with Agreements to Sell, assured returns and pending RERA proceedings, repeated ICD agreements and balance confirmations alone do not conclusively establish a financial debt under Section 5(8) of IBC, and a Section 7 petition is not maintainable where the true nature of the transaction remains seriously disputed Read More: https://ibclaw.in/empire-housing-projects-pvt-ltd-vs-ninaniya-estates-ltd-nclt-jaipur-bench/ Reported at: (2026) ibclaw.in 1832 NCLT Bench: Ms. Reeta Kohli (Judicial Member) and Ms. Kavita Bhatnagar (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLT-Hyderabad Bench The legislative intent behind insertion of the Section 33(1A) of IBC (IBC Amendment Act 2026) appears to be to provide an additional opportunity to the CoC to explore resolution even after expiry of the CIRP period by granting a further period not exceeding 120 days Read More: https://ibclaw.in/prasad-seeds-pvt-ltd-vs-madasa-kumar-rp-of-vibha-agrotech-ltd-and-anr-nclt-hyderabad-bench/ Reported at: (2026) ibclaw.in 1823 NCLT Bench: Shri Rajeev Bhardwaj (Judicial Member) and Shri Sanjay Puri (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLT-Kolkata Bench Amounts lying in the Corporate Debtor’s bank account form part of the liquidation estate under Section 36 of IBC, and debit transactions during subsistence of moratorium are illegal and liable to be remitted back to the Corporate Debtor Read More: https://ibclaw.in/sanjit-kumar-nayak-liquidator-of-hanumanta-engineering-pvt-ltd-vs-yes-bank-and-anr-nclt-kolkata-bench/ Reported at: (2026) ibclaw.in 1708 NCLT Bench: Ms. Bidisha Banerjee (Judicial Member) and Shri Cmde Siddharth Mishra (Retd.) (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLT-Kolkata Bench Property purchased by the Corporate Debtor in liquidation sale forms part of the Information Memorandum and may be included in Form G, and under Regulation 36A(1A) the Resolution Professional, with CoC approval, can invite resolution plans for the Corporate Debtor as a whole, for a specific asset, or for both through separate options Read More: https://ibclaw.in/saurabh-jhunjhunwala-vs-bijay-murmuria-rp-of-fairdeal-suppliers-ltd-nclt-kolkata-bench/ Reported at: (2026) ibclaw.in 1694 NCLT Bench: Shri Labh Singh (Judicial Member) and Ms. Rekha Kantilal Shah (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLAT-New Delhi Once approval of the resolution plan and directions to GNIDA to accept the plan amount had attained finality up to the Supreme Court, GNIDA could not re-agitate its status as secured operational creditor through a recall challenge, and repeated obstruction to implementation of the plan warrants dismissal with costs Read More: https://ibclaw.in/greater-noida-industrial-development-authority-vs-pawan-kumar-goyal-rp-and-anr-nclat-new-delhi/ Reported at: (2026) ibclaw.in 741 NCLAT Bench: Mr. Justice N. Seshasayee (Judicial Member), Mr. Arun Baroka (Technical Member) and Mr. Indevar Pandey (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLAT-New Delhi Where a scheme of amalgamation involves merger of wholly owned subsidiaries into the holding company without issuance of new shares or any change in the transferee company’s capital structure, meeting of the transferee company’s equity shareholders can be dispensed with even if some transferor companies have negative net worth Read More: https://ibclaw.in/piramal-finance-ltd-vs-piramal-corporate-tower-pvt-ltd-and-ors-nclat-new-delhi/ Reported at: (2026) ibclaw.in 740 NCLAT Bench: Mr. Justice Yogesh Khanna (Judicial Member) and Shri Ajai Das Mehrotra (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLT-Bengaluru Bench IBC does not mandate issuance of separate/ individual notices to each Government Department once public announcement under Section 13 of IBC is duly made Read More: https://ibclaw.in/assistant-commissioner-of-state-taxes-vs-shivadutt-bannanje-liquidator-of-falcon-tyres-ltd-nclt-bengaluru-bench/ Reported at: (2026) ibclaw.in 1801 NCLT Bench: Shri Sunil Kumar Aggarwal (Judicial Member) and Shri Radhakrishna Sreepada (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLT-Hyderabad Bench Where a scheme under Section 230 of the Companies Act was rejected solely because the applicants were treated as connected persons to ex-directors declared wilful defaulters, the subsequent quashing of the wilful defaulter classification removes the Section 29A of IBC disqualification and the scheme is liable to be reconsidered, though liquidation need not be stayed Read More: https://ibclaw.in/ashok-kumar-sarda-and-anr-vs-sarda-agro-oils-ltd-and-anr-nclt-hyderabad-bench/ Reported at: (2026) ibclaw.in 1816 NCLT Bench: Shri Rajeev Bhardwaj (Judicial Member) and Shri Sanjay Puri (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLAT-New Delhi Where third-party goods are already excluded from the liquidation estate, disputes regarding their title, sale or security interest do not fall for adjudication under the IBC Read More: https://ibclaw.in/giriraj-enterprise-vs-rameshkumar-totla-liquidator-of-galaxy-cotton-textiles-pvt-ltd-and-ors-nclat-new-delhi/ Reported at: (2026) ibclaw.in 730 NCLAT Bench: Mr. Justice N. Seshasayee (Judicial Member), Mr. Arun Baroka (Technical Member) and Mr. Indevar Pandey (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLT-Chandigarh Bench Section 65 of the IBC is a penal provision and can be invoked only where there is clear material to establish that insolvency proceedings were initiated fraudulently or with malicious intent for purposes other than insolvency resolution | Mere allegations of collusion, related party transactions, or internal disputes among shareholders/directors do not ipso facto satisfy the threshold under Section 65 Read More: https://ibclaw.in/dr-vijay-vohra-vs-himalaya-food-international-ltd-nclt-chandigarh-bench/ Reported at: (2026) ibclaw.in 1805 NCLT Bench: Shri K. Biswal (Judicial Member) and Shri Kaushalendra Kumar Singh (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLT-New Delhi Bench Court-II A claim arising from a cancellation agreement for relinquishment of rights under an earlier development arrangement is contractual in nature and not an operational debt under Section 5(21) of the IBC, therefore a Section 9 petition is not maintainable Read More: https://ibclaw.in/parsvnath-developers-ltd-vs-vinu-promoters-pvt-ltd-nclt-new-delhi-bench/ Reported at: (2026) ibclaw.in 1782 NCLT Bench: Shri Ashok Kumar Bhardwaj (Judicial Member) and Shri Atul Chaturvedi (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLAT-New Delhi A Section 9 application under IBC is not maintainable where freight liability is genuinely disputed on contemporaneous payment and commercial records Read More: https://ibclaw.in/rkb-global-ltd-vs-tulip-polychem-pvt-ltd-nclat-new-delhi/ Reported at: (2026) ibclaw.in 746 NCLAT Bench: Mr. Justice Ashok Bhushan (Chairperson) and Mr. Indevar Pandey (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLT-Bengaluru Bench Proceedings initiated under the SARFAESI Act or before the DRT do not operate as a bar to initiation or admission of proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC), the remedies being distinct and independent in nature Read More: https://ibclaw.in/valufocus-eco-revive-packaging-vs-devkiran-paper-mills-pvt-ltd-nclt-bengaluru-bench/ Reported at: (2026) ibclaw.in 1797 NCLT Bench: Shri Sunil Kumar Aggarwal (Judicial Member) and Shri Radhakrishna Sreepada (Technical Member) Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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NCLAT-Chennai Expiry of Authorisation of Assignment (AFA) on an Insolvency Professional attaining 70 years does not require removal from an ongoing assignment, as proviso to Regulation 7A of IBBI (Insolvency Professionals) Regulations, 2016 permits continuation and completion of assignments already undertaken Read More: https://ibclaw.in/chavva-naga-sampathi-tayaru-vs-sri-ananda-lakshmi-narasimha-industries-india-pvt-ltd-and-anr-nclat-chennai/ Reported at: (2026) ibclaw.in 767 NCLAT Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/
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