National Company Law Appellate Tribunal Case Commentaries

Strict Adherence to Appellate Timelines Under the Insolvency and Bankruptcy Code: Insights from V. Nagarajan v. Sks Ispat And Power Ltd.

Date: Jul 14, 2020

Strict Adherence to Appellate Timelines Under the Insolvency and Bankruptcy Code: Insights from V. Nagarajan v. Sks Ispat And Power Ltd. Introduction The case of V. Nagarajan v. Sks Ispat And Power...

NCLAT Upholds Judicial Discipline: Coordinate Benches Cannot Interfere with Proceedings Reserved by Earlier Benches

Date: Jun 26, 2020

NCLAT Upholds Judicial Discipline: Coordinate Benches Cannot Interfere with Proceedings Reserved by Earlier Benches Introduction In the landmark case of Abhijit Guhathakurta, Monitoring Agency Of The...

NCLAT Reinforces IBC Moratorium: Guarding Corporate Insolvency Processes Against Contractual Terminations

Date: Jun 25, 2020

NCLAT Reinforces IBC Moratorium: Guarding Corporate Insolvency Processes Against Contractual Terminations Introduction The case of Tata Consultancy Services Limited v. Vishal Ghisulal Jain...

Operational Creditors Protected: NCLAT Affirms Resolution Plan in State of Haryana v. Uttam Strips Ltd.

Date: Jun 24, 2020

Operational Creditors Protected: NCLAT Affirms Resolution Plan in State of Haryana v. Uttam Strips Ltd. Introduction The case of State of Haryana v. Uttam Strips Ltd. adjudicated by the National...

NCLAT Sets Aside Section 7 Admission Due to Procedural Lapses and Mandates Re-examination of OTS

Date: Jun 19, 2020

NCLAT Sets Aside Section 7 Admission Due to Procedural Lapses and Mandates Re-examination of OTS Introduction The case of Sandeep Kumar Bhagat v. Punjab National Bank adjudicated by the National...

Clarification on Operational Debt Admittance Under Section 5(21) in CIRP: Bijay Pratap Singh v. Unimax International

Date: Jun 16, 2020

Clarification on Operational Debt Admittance Under Section 5(21) in CIRP Introduction The case of Bijay Pratap Singh v. Unimax International was adjudicated by the National Company Law Appellate...

Recognition of Financial Debt in Insolvency Proceedings: Mukesh Kumar Aggarwal v. Anurag Gupta & Anr.

Date: Jun 9, 2020

Recognition of Financial Debt in Insolvency Proceedings: Mukesh Kumar Aggarwal v. Anurag Gupta & Anr. Introduction The case of Mukesh Kumar Aggarwal v. Anurag Gupta & Anr. is a significant judgment...

Strict Adherence to IBC Provisions in Resolution Plans: Insights from Swwapnil Bhingardevay v. Khandoba Prasanna Sakharkar Khana Limited And Others

Date: Jun 3, 2020

Strict Adherence to IBC Provisions in Resolution Plans: Insights from Swwapnil Bhingardevay v. Khandoba Prasanna Sakharkar Khana Limited And Others Introduction The case of Swwapnil Bhingardevay v....

Strict Compliance with EOI Criteria in CIRP: Insights from First Global Finance Pvt. Ltd. v. IVRCL Ltd.

Date: May 30, 2020

Strict Compliance with EOI Criteria in CIRP: Insights from First Global Finance Pvt. Ltd. v. IVRCL Ltd. Introduction The case of First Global Finance Pvt. Ltd. v. IVRCL Ltd. adjudicated by the...

Unfettered Rights of Individual Creditors Under Section 7 of the Insolvency and Bankruptcy Code: Analysis of Amitabh Kumar Jha v. Bank of India & Anr.

Date: May 23, 2020

Unfettered Rights of Individual Creditors Under Section 7 of the Insolvency and Bankruptcy Code: Analysis of Amitabh Kumar Jha v. Bank of India & Anr. Introduction The case of Amitabh Kumar Jha v....

Clarification on Section 7 Procedures in Corporate Insolvency Resolution: Insights from Allahabad Bank v. Link House Industries Ltd.

Date: May 23, 2020

Clarification on Section 7 Procedures in Corporate Insolvency Resolution: Insights from Allahabad Bank v. Link House Industries Ltd. Introduction The recent judgment in Allahabad Bank v. Link House...

Hussan Kadri v. Edelweiss Asset Reconstruction Co. Ltd.: Extending Limitation Periods under the Insolvency and Bankruptcy Code

Date: May 23, 2020

Hussan Kadri v. Edelweiss Asset Reconstruction Co. Ltd.: Extending Limitation Periods under the Insolvency and Bankruptcy Code Introduction The case of Hussan Kadri v. Edelweiss Asset Reconstruction...

Strict Adherence to Section 7 Timelines Under I&B Code: Insights from Allahabad Bank v. Poonam Resorts Ltd.

Date: May 23, 2020

Strict Adherence to Section 7 Timeliness Under I&B Code: Insights from Allahabad Bank v. Poonam Resorts Ltd. Introduction The case of Allahabad Bank v. Poonam Resorts Ltd. addresses critical...

Precedent on Pre-Existing Disputes in Corporate Insolvency: Chandralekha Constructions Pvt. Ltd. v. Devi Industrial Engineers

Date: Mar 19, 2020

Precedent on Pre-Existing Disputes in Corporate Insolvency: Chandralekha Constructions Pvt. Ltd. v. Devi Industrial Engineers Introduction The case of Chandralekha Constructions Pvt. Ltd. v. Devi...

Reaffirming the Necessity of Pre-existing Disputes in Section 9 Applications under IBC: Chandralekha Constructions Pvt. Ltd. vs. Devi Industrial Engineers

Date: Mar 19, 2020

Reaffirming the Necessity of Pre-existing Disputes in Section 9 Applications under IBC: Chandralekha Constructions Pvt. Ltd. vs. Devi Industrial Engineers Introduction The legal landscape of...

Establishing the Impact of Pre-Existing Disputes on IBC Section 9 Applications: A Comprehensive Analysis of Sangeeta Goel v. Roidec India Chemicals Pvt. Ltd.

Date: Mar 18, 2020

Establishing the Impact of Pre-Existing Disputes on IBC Section 9 Applications: A Comprehensive Analysis of Sangeeta Goel v. Roidec India Chemicals Pvt. Ltd. Introduction The case of Sangeeta Goel v....

Limitation Periods in Insolvency Proceedings: Insights from Ishrat Ali v. Cosmos Cooperative Bank Ltd. & Anr.

Date: Mar 13, 2020

Limitation Periods in Insolvency Proceedings: Insights from Ishrat Ali v. Cosmos Cooperative Bank Ltd. & Anr. Introduction The case of Ishrat Ali v. Cosmos Cooperative Bank Ltd. & Anr. adjudicated by...

Limitation Bar Applies to Section 7 Insolvency Applications: V. Padmakumar v. Sasf & Another

Date: Mar 13, 2020

Limitation Bar Applies to Section 7 Insolvency Applications: V. Padmakumar v. Sasf & Another Introduction The case of V. Padmakumar v. Stressed Assets Stabilisation Fund (SASF) & Another adjudicated...

Radheshyam Agro Products Pvt. Ltd. vs. Bank of India: Defining Limitation Periods for Section 7 IBC Applications

Date: Mar 6, 2020

Radheshyam Agro Products Pvt. Ltd. vs. Bank of India: Defining Limitation Periods for Section 7 IBC Applications Introduction The case of Bimalkumar Manubhai Savalia, Shareholder and Director of...

NCLT’s Limited Jurisdiction in Reviewing CoC's Resolution Plan Approval: Insights from Shrawan Kumar Agrawal Consortium v. Rituraj Steel

Date: Mar 6, 2020

NCLT’s Limited Jurisdiction in Reviewing CoC's Resolution Plan Approval: Insights from Shrawan Kumar Agrawal Consortium v. Rituraj Steel Introduction The case of Shrawan Kumar Agrawal Consortium v....