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Search Results for "NCLT Chennai"

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High Court

Madras High Court Allows Revision Petition, Sets Aside Execution of MSME Award Due to Approved Resolution Plan Under IBC. Claims Not Submitted During CIRP Stand Extinguished Under Section 31 of Insolvency and Bankruptcy Code, 2016.

27 Feb 2026

The case involves a civil revision petition filed by M/s. Capricon Food Products Indian Limited (the revision petitioner/judgment debtor) against M/s....

High Court

Madras High Court Dismisses Writ Petition Challenging NCLT Day Order for Lack of Maintainability — Alternative Remedy Under Section 421 of Companies Act, 2013 Must Be Exhausted. Interim order of NCLT directing filing of reply and listing for hearing is appealable under Section 421 of Companies Act, 2013, and writ petition under Article 226 is not maintainable.

23 Feb 2026

The petitioner, Dr. E. Shanthi, filed a writ petition under Article 226 of the Constitution of India before the Madras High Court challenging an inter...

Tribunals

NCLAT Dismisses Appeal Against Rejection of Recall Application in Insolvency Matter — Consent Order Cannot Be Recalled Without Proof of Fraud or Lack of Jurisdiction. The Tribunal held that a consent order cannot be recalled under Rule 11 of NCLT Rules, 2016 unless fraud or lack of jurisdiction is specifically pleaded and proved.

18 Jul 2025

The appellant, Mr. Ashique Ponnambaramparambath, former Managing Director of M/s. Platino Classic Motors (India) Private Limited, filed an appeal befo...

Tribunals

NCLAT Allows Appeal Against NCLT Order Rejecting Resolution Professional's Fee Claim, Directs Reconsideration on Merits. The NCLAT held that the NCLT's order was in violation of natural justice as the RP was not heard before the order was passed, and remanded the matter for fresh consideration.

7 Jul 2025

The case involves an appeal by Mathioli N, the Resolution Professional (RP) of MQ Networks Private Limited, against an order dated 07.07.2025 passed b...

Supreme Court

Supreme Court Dismisses Appeals in Insolvency Case Due to Limitation and Mis-statements. NCLAT's Refusal to Condon Delay Upheld as Appellant Failed to Apply for Certified Copies and Made Contradictory Assertions Under Section 61 of Insolvency and Bankruptcy Code, 2016.

4 Apr 2025

The appeals arose from an order dated 18.01.2024 passed by the National Company Law Appellate Tribunal (NCLAT), which dismissed appeals preferred by t...

Tribunals

NCLAT Chennai Dismisses Appeals Against CIRP Initiation by State Bank of India for Non-Payment of Loan Guarantee. Personal Guarantors' Appeals Dismissed as Withdrawn, Upholding Adjudicating Authority's Order Admitting Section 95 Application Under IBC.

17 Mar 2025

The National Company Law Appellate Tribunal (NCLAT) Chennai bench heard four connected appeals filed by personal guarantors—Ajay Agarwal, Ashok Agar...

Tribunals

NCLAT Dismisses Appeal of Personal Guarantor Against Initiation of Insolvency Resolution Process Under IBC. The Tribunal held that the Adjudicating Authority correctly admitted the application under Section 95 of the IBC as the debt was due and default occurred, and the personal guarantor's objections regarding limitation and pending proceedings were not sustainable.

30 Nov -0001

The appeal was filed by Mahdoom Bava Bahrudeen Noorul Ameen (Appellant) under Section 61(3) read with Section 61(1) of the Insolvency and Bankruptcy C...

Tribunals

NCLAT Hears Appeal Against NCLT Order in Byju's Insolvency Case — NCLT Set Aside CoC Reconstitution and Reclassification of Creditor. Appeal Filed by Suspended Director and Promoter Under Section 61 of IBC Challenges Validity of NCLT Directions.

30 Nov -0001

The appeal was filed by Byju Raveendran, the suspended director and promoter of M/s Think and Learn Pvt. Ltd., under Section 61 of the Insolvency and ...

Tribunals

NCLAT Chennai Allows Appeal of Financial Creditor in Insolvency Case, Directs Reconsideration of Resolution Plan. The Tribunal held that the Resolution Professional's failure to include the appellant in the Committee of Creditors and incorrect determination of voting shares violated the IBC, 2016.

30 Nov -0001

The appeal was filed by RBL Bank Limited against the order of the National Company Law Tribunal (NCLT), Chennai, which had approved the resolution pla...

Tribunals

NCLAT Dismisses Appeal Against Approval of Resolution Plan for Lack of Standing — Appellant Not an Aggrieved Person Under Section 61 of IBC, 2016. The appellant, not being a party to the CIRP and whose claim was not admitted, lacks locus standi to challenge the order approving the resolution plan.

30 Nov -0001

The case involves an appeal filed by Boorugu Infra Projects Private Limited in consortium with Vishwanath Projects Limited against the order of the Na...

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