National Company Law Appellate Tribunal Case Commentaries

Strict Compliance of Section 8 Demand Notice Under I&B Code: NCLAT's Landmark Decision in R&M International Pvt. Ltd. v. Ercon Composites

Date: Jan 14, 2021

Strict Compliance of Section 8 Demand Notice Under I&B Code: NCLAT's Landmark Decision in R&M International Pvt. Ltd. v. Ercon Composites Introduction The case of Shailendra Sharma, Director Of R&M...

Ineligibility of Willful Defaulters in Corporate Insolvency Resolution: Insights from Harkirat Singh Bedi v. Oriental Bank of Commerce

Date: Jan 13, 2021

Ineligibility of Willful Defaulters in Corporate Insolvency Resolution: Insights from Harkirat Singh Bedi v. Oriental Bank of Commerce And Others Introduction The case of Harkirat Singh Bedi v....

Limitation of Adjudicating Authority's Jurisdiction in CIRP: Insights from Kalinga Allied Industries v. Hindustan Coils

Date: Jan 12, 2021

Limitation of Adjudicating Authority's Jurisdiction in CIRP: Insights from Kalinga Allied Industries India Pvt. Ltd. v. Hindustan Coils Ltd. and Others Introduction The case of Kalinga Allied...

Neesa Infrastructure Limited v. State Bank of India: Clarifying Authorization Requirements for CIRP under Section 10 IBC

Date: Dec 24, 2020

Neesa Infrastructure Limited v. State Bank of India: Clarifying Authorization Requirements for CIRP under Section 10 IBC Introduction The case of Neesa Infrastructure Limited Corporate Debtor v....

Pre-Existing Dispute Requirement Under Section 9 IBC: Insights from Sumilon Polyester Pvt. Ltd. v. Parikh Packaging Pvt. Ltd.

Date: Dec 24, 2020

Pre-Existing Dispute Requirement Under Section 9 IBC: Insights from Sumilon Polyester Pvt. Ltd. v. Parikh Packaging Pvt. Ltd. Introduction Sumilon Polyester Pvt. Ltd. v. Parikh Packaging Pvt. Ltd. is...

Reaffirmation of Financial Creditor Status: NCLAT Upholds BVN Traders in Insolvency Proceedings

Date: Dec 19, 2020

Reaffirmation of Financial Creditor Status: NCLAT Upholds BVN Traders in Insolvency Proceedings Introduction The case of Rajnish Jain The Promoter, Stakeholder And Managing Director Of Suspended...

Ensuring Natural Justice in National Company Law Tribunal Proceedings: A Comprehensive Analysis of J.M. Housing Limited v. Surender Kumar Gupta

Date: Dec 19, 2020

Ensuring Natural Justice in National Company Law Tribunal Proceedings: A Comprehensive Analysis of J.M. Housing Limited And Others v. Surender Kumar Gupta And Others Introduction The case of J.M....

Reaffirming Financial Creditor Rights under the Insolvency and Bankruptcy Code: Apya Capital Services Pvt. Ltd. vs. Guardian Homes Pvt. Ltd.

Date: Dec 9, 2020

Reaffirming Financial Creditor Rights under the Insolvency and Bankruptcy Code: Apya Capital Services Pvt. Ltd. vs. Guardian Homes Pvt. Ltd. Introduction The case of Apya Capital Services Private...

Facor Alloys Ltd. v. Bhuvan Madan: NCLAT Endorses Inclusion of Subsidiary’s Assets and Differential Treatment of Financial Creditors in Resolution Plan

Date: Nov 26, 2020

Facor Alloys Ltd. v. Bhuvan Madan: NCLAT Endorses Inclusion of Subsidiary’s Assets and Differential Treatment of Financial Creditors in Resolution Plan Introduction The case of Facor Alloys Limited...

A. Balakrishnan v. Kotak Mahindra Bank Limited: Limitation Act Implications on Section 7 IBC Applications

Date: Nov 25, 2020

A. Balakrishnan v. Kotak Mahindra Bank Limited: Limitation Act Implications on Section 7 IBC Applications Introduction The case A. Balakrishnan v. Kotak Mahindra Bank Limited And Another was...

Mandatory Fee Enforcement for Struck-off Companies in CIRP Affirmed by NCLAT in ROC v. Goouksheer Farm Fresh

Date: Nov 20, 2020

Mandatory Fee Enforcement for Struck-off Companies in CIRP Affirmed by NCLAT in ROC v. Goouksheer Farm Fresh Introduction The case of Registrar of Companies v. Goouksheer Farm Fresh Pvt. Ltd. And...

Threshold Requirements for Real Estate Allottees in CIRP: Shubha Sharma v. Mansi Brar Fernandes

Date: Nov 18, 2020

Threshold Requirements for Real Estate Allottees in CIRP: Shubha Sharma v. Mansi Brar Fernandes 1. Introduction The case of Shubha Sharma v. Mansi Brar Fernandes addressed pivotal issues concerning...

Landlords Recognized as Operational Creditors under IBC 2016: NCLAT's Affirmation in Sanjeev Kumar v. Aithent Technologies Pvt Ltd

Date: Nov 6, 2020

Landlords Recognized as Operational Creditors under IBC 2016: NCLAT's Affirmation in Sanjeev Kumar v. Aithent Technologies Pvt Ltd Introduction The case of Sanjeev Kumar v. Aithent Technologies...

Ensuring Demand Notice Accuracy and Proper Evidence in Insolvency: Insights from Rajendra Bhai Panchal v. Jay Manak Steels

Date: Oct 21, 2020

Ensuring Demand Notice Accuracy and Proper Evidence in Insolvency: Insights from Rajendra Bhai Panchal v. Jay Manak Steels Introduction The case of Rajendra Bhai Panchal v. Jay Manak Steels Through...

Preservation of Power Purchase Agreements During Insolvency Proceedings: Insights from Gujarat Urja Vikas Nigam Ltd. v. Yes Bank Limited

Date: Oct 21, 2020

Preservation of Power Purchase Agreements During Insolvency Proceedings: Insights from Gujarat Urja Vikas Nigam Ltd. v. Yes Bank Limited Introduction The case of Gujarat Urja Vikas Nigam Ltd. v. Yes...

Recognition of Pre-Existing Disputes in Corporate Insolvency Proceedings: Umesh Saraf v. Tech India Engineers Pvt. Ltd.

Date: Oct 20, 2020

Recognition of Pre-Existing Disputes in Corporate Insolvency Proceedings: Umesh Saraf v. Tech India Engineers Pvt. Ltd. Introduction The case of Umesh Saraf v. Tech India Engineers Pvt. Ltd....

Enhancing CIRP Flexibility: Insights from Panna Pragati Infrastructure Pvt. Ltd. v. Amit Pareek and Others

Date: Oct 20, 2020

Enhancing CIRP Flexibility: Insights from Panna Pragati Infrastructure Pvt. Ltd. v. Amit Pareek and Others Introduction The case of Panna Pragati Infrastructure Pvt. Ltd. & Another v. Amit Pareek &...

Secured Creditor Status Requires Charge Registration under Companies Act and IBC: NCLAT's Decision in Volkswagen Finance Pvt. Ltd. v. Shree Balaji Printopack Pvt. Ltd.

Date: Oct 20, 2020

Secured Creditor Status Requires Charge Registration under Companies Act and IBC: NCLAT's Decision in Volkswagen Finance Pvt. Ltd. v. Shree Balaji Printopack Pvt. Ltd. Introduction The case of...

Interpreting Section 10A of the Insolvency and Bankruptcy Code: Insights from Ramesh Kymal v. Siemens Gamesa Renewable Power Pvt. Ltd.

Date: Oct 20, 2020

Interpreting Section 10A of the Insolvency and Bankruptcy Code: Insights from Ramesh Kymal v. Siemens Gamesa Renewable Power Pvt. Ltd. Introduction The case of Ramesh Kymal v. Siemens Gamesa...

NCLAT Upholds Inclusion of Corporate Guarantees as Financial Debts under IBC: Ascot Realty Pvt Ltd vs Ajay Kumar Agarwal

Date: Oct 16, 2020

NCLAT Upholds Inclusion of Corporate Guarantees as Financial Debts under IBC: Ascot Realty Pvt Ltd vs Ajay Kumar Agarwal Introduction The case of Ascot Realty Private Limited vs. Ajay Kumar Agarwal...