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NCLAT Allows Appeal and Sets Aside Insolvency Admission After Full Deposit of Debt Amount. Corporate Insolvency Resolution Process Initiated for Debt of Rs.29,36,840/- Set Aside as Appellant Deposited Entire Amount and Parties Agreed to Settle....

The appeal was filed by Inteco Melting and Casting Technologies GMBH against the order dated 20.05.2022 passed by the Adjudicating Authority admitting an application under Section 7 of the Insolvency ...

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NCLAT Allows Appeal Against NCLT Order Permitting Erstwhile Promoter to Submit Resolution Plan. The Tribunal held that an erstwhile promoter who is a related party under Section 29A of the Insolvency and Bankruptcy Code, 2016 is ineligible to submit a resolution plan....

The appeal was filed by M/s. Meir Commodities India Pvt. Ltd., a prospective resolution applicant, challenging the order of the National Company Law Tribunal (NCLT), Hyderabad, dated 08.05.2024. The N...

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NCLAT Stays Dissolution of Corporate Debtor in EPF Claim Case. Employees' Provident Fund Organization's claim rejected by NCLT due to no funds left; appeal pending....

The Employees' Provident Fund Organization (Appellant) had filed a Company Appeal (AT) (CH) (Ins) No. 72/2024 challenging an order dated 19.01.2024 of the NCLT, Chennai, which rejected its claim on th...

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NCLAT Allows Appellant to Deposit Rs. 5.20 Crores in No Lien Account for OTS Settlement in Insolvency Appeal. The court directed the appellant to deposit the amount within two weeks and the bank to consider it against the OTS dated 28.03.2023....

This appeal was filed by Geeta Singh against Canara Bank (formerly Syndicate Bank) and another respondent, challenging the impugned order dated 31.05.2024. The order held that despite ample opportunit...

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NCLAT Allows Appeals Against Rejection of Claims in CIRP, Remands for Fresh Consideration. The Tribunal held that the Resolution Professional must consider claims on merits after giving the claimants a fair hearing....

The National Company Law Appellate Tribunal (NCLAT), Chennai bench, disposed of three company appeals (Nos. 231, 233 & 235 of 2025) filed under Section 61 of the Insolvency and Bankruptcy Code, 2016. ...

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NCLAT Dismisses Appeal of Operational Creditor in IBC Section 9 Case Due to Pre-Existing Dispute. Claim for unpaid invoices rejected as Corporate Debtor raised genuine quality dispute before demand notice....

The case involves an appeal filed by APL Apollo Tubes Limited (Operational Creditor) against the rejection of its application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by the A...

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NCLAT Dismisses Appeal of Successful Resolution Applicant Seeking Stay of Liquidation Order. Failure to Deposit Balance Amount Within Stipulated Time Leads to Forfeiture of Right to Seek Extension....

The Appellant, Mr. C. Sivasami, was the successful resolution applicant and promoter of M/s. Topknit Processing Mills Pvt. Ltd., the Corporate Debtor. He filed an appeal against the Impugned Order dat...

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NCLAT Upholds Contempt Against Customs and Port Officials for Non-Compliance with Order to Release Goods of Corporate Debtor in Liquidation. Failure to Release Imported Machinery Despite Specific Direction Constitutes Wilful Disobedience Under Contempt of Courts Act, 1971....

The case involves an appeal against an order of contempt passed by the National Company Law Tribunal (NCLT) against Ravi Kiran Saladi Konda (Deputy Traffic Manager, Paradip Port Authority) and another...