![NCLT Admits CIRP Against Corporate Guarantor for Hyderabad FC Loan Default, Holds Guarantee Liability as ‘Financial Debt’ [Read Order]](https://images.taxscan.in/h-upload/2026/03/31/2131063-hyd-fcjpg.webp "NCLT Admits CIRP Against Corporate Guarantor for Hyderabad FC Loan Default, Holds Guarantee Liability as ‘Financial Debt’ [Read Order]")
NCLT Admits CIRP Against Corporate Guarantor for Hyderabad FC Loan Default, Holds Guarantee Liability as ‘Financial Debt’ [Read Order]
In a recent ruling, the Chennai Bench of the National Company Law Tribunal (NCLT) admitted a petition under Section 7 of the Insolvency and...
![Suspended Director’s Writ Dismissed Despite Settlement Claim: Bombay HC Affirms IRP Sole Authority and Remitted Matter to NCLT [Read Order]](https://images.taxscan.in/h-upload/2026/03/30/2130895-suspended-directors-writ-dismissed-despite-settlement-claim-bombay-hc-affirms-irp-sole-authority-and-remitted-matter-to-ncl-site-imagejpg.webp "Suspended Director’s Writ Dismissed Despite Settlement Claim: Bombay HC Affirms IRP Sole Authority and Remitted Matter to NCLT [Read Order]")
![Section 95 Insolvency Plea Filed During Interim Moratorium Void Ab Initio Even after Case Withdrawal: NCLAT Quashes Insolvency Pleas [Read Order]](https://images.taxscan.in/h-upload/2026/03/30/2130879-section-95-insolvency-plea-filed-during-interim-moratorium-void-ab-initio-even-after-case-withdrawal-nclat-quashes-insolvency-pleas-site-imagejpg.webp "Section 95 Insolvency Plea Filed During Interim Moratorium Void Ab Initio Even after Case Withdrawal: NCLAT Quashes Insolvency Pleas [Read Order]")
![Important Update: CBDT Extends Deadline for Q3 TDS Certificate Issuance to March 31, 2026 [Read Circular]](https://images.taxscan.in/h-upload/2026/03/30/2130863-important-updatejpg.webp "Important Update: CBDT Extends Deadline for Q3 TDS Certificate Issuance to March 31, 2026 [Read Circular]")
![₹3.62 Crore Loan Default Triggers Insolvency: NCLT Rejects Objections On Stamping and NeSL Record [Read Order]](https://images.taxscan.in/h-upload/2026/03/28/2130618-loan-default-triggers-insolvency-nclt-rejects-objections-on-stamping-and-nesl-record-.webp "₹3.62 Crore Loan Default Triggers Insolvency: NCLT Rejects Objections On Stamping and NeSL Record [Read Order]")
NCLT Holds S.240A MSME Exemption Limited, ₹100 Crore Net Worth Rule Remains Binding in Insolvency Process [Read Order]
In a recent ruling, the National Company Law Tribunal (NCLT), Mumbai Bench, clarified that promoters of Micro, Small, and Medium Enterprises (MSMEs) are not automatically exempt from net worth...
![NCLT Holds S.240A MSME Exemption Limited, ₹100 Crore Net Worth Rule Remains Binding in Insolvency Process [Read Order]](https://images.taxscan.in/h-upload/2026/03/28/2130587-nclt-holds-s240a-msmejpg.webp "NCLT Holds S.240A MSME Exemption Limited, ₹100 Crore Net Worth Rule Remains Binding in Insolvency Process [Read Order]")
Acknowledgment Of Debt In Balance Sheets Extends Limitation: NCLT Admits ₹283.95 Cr CIRP Despite Arbitration & Substitution Plea [Read Order]
The National Company Law Tribunal (NCLT), Chandigarh Bench, admitted an application under Section 7 of the Insolvency and Bankruptcy Code, 2016,and held that acknowledgement in the balance sheets...
![Acknowledgment Of Debt In Balance Sheets Extends Limitation: NCLT Admits ₹283.95 Cr CIRP Despite Arbitration & Substitution Plea [Read Order]](https://images.taxscan.in/h-upload/2026/03/27/2130450-acknowledgment-of-debt-in-balance-sheets-extends-limitation-nclt-admits-28395-cr-cirp-despite-arbitration-substitution-plea-site-imagejpg.webp "Acknowledgment Of Debt In Balance Sheets Extends Limitation: NCLT Admits ₹283.95 Cr CIRP Despite Arbitration & Substitution Plea [Read Order]")
Beach Sand Minerals Export Policy Under STE Mechanism Not Amenable To Competition Law: NCLAT Dismissed Appeal Filed By BMPA [Read Order]
The National Company Law Appellate Tribunal(NCLAT), New Delhi Bench, dismissed an appeal filed by the Beach Mineral Producers Association (BMPA) challenging the export policy governing Beach Sand ...
![Beach Sand Minerals Export Policy Under STE Mechanism Not Amenable To Competition Law: NCLAT Dismissed Appeal Filed By BMPA [Read Order]](https://images.taxscan.in/h-upload/2026/03/26/2130322-beach-sand-minerals-export-policy-under-ste-mechanism-not-amenable-to-competition-law-nclat-dismissed-appeal-filed-by-bmpa-site-imagejpg.webp "Beach Sand Minerals Export Policy Under STE Mechanism Not Amenable To Competition Law: NCLAT Dismissed Appeal Filed By BMPA [Read Order]")
Resolution Applicant Cannot Challenge RFRP Clauses Once Expression of Interest Submitted: NCLAT [Read Order]
In a recent ruling, the National Company Law Appellate Tribunal ( NCLAT ) ruled that a resolution applicant cannot challenge the clauses of the Request for Resolution Plan (RFRP) after submitting...
![Resolution Applicant Cannot Challenge RFRP Clauses Once Expression of Interest Submitted: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/03/26/2130325-resolution-applicant-cannot-challenge-rfrp-clauses-once-expression-of-interest-submitted-nclat-.webp "Resolution Applicant Cannot Challenge RFRP Clauses Once Expression of Interest Submitted: NCLAT [Read Order]")
Limitation Act Cannot Extend 14‑Day Appeal Period: NCLAT Dismisses Appeal for 1616-Day Delay in Claim Rejection Challenge [Read Order]
In a recent ruling, theNational Company Law Appellate Tribunal (NCLAT) Chennai has held that the 14-day appeal period prescribed under Section 42 of the Insolvency and Bankruptcy Code (IBC) is...
![Limitation Act Cannot Extend 14‑Day Appeal Period: NCLAT Dismisses Appeal for 1616-Day Delay in Claim Rejection Challenge [Read Order]](https://images.taxscan.in/h-upload/2026/03/26/2130320-limitation-act-cannot-extend-appeal-period-nclat-dismisses-appeal-claim-rejection-challenge-.webp "Limitation Act Cannot Extend 14‑Day Appeal Period: NCLAT Dismisses Appeal for 1616-Day Delay in Claim Rejection Challenge [Read Order]")
Non-Obstante Clause Capping Liability Cannot Override Independent Interest Obligation of Guarantor: NCLAT Permits ₹67.98 Cr Claim Beyond ₹25 Cr Cap [Read Order]
The National Company Law Appellate Tribunal(NCLAT), New Delhi Bench, held that a non-obstante clause capping liability under a guarantee deed cannot override an independent contractual obligation...
![Non-Obstante Clause Capping Liability Cannot Override Independent Interest Obligation of Guarantor: NCLAT Permits ₹67.98 Cr Claim Beyond ₹25 Cr Cap [Read Order]](https://images.taxscan.in/h-upload/2026/03/24/2130066-non-obstante-clause-capping-liability-cannot-override-independent-interest-obligation-of-guarantorjpg.webp "Non-Obstante Clause Capping Liability Cannot Override Independent Interest Obligation of Guarantor: NCLAT Permits ₹67.98 Cr Claim Beyond ₹25 Cr Cap [Read Order]")
Temporary Relief by Bank Cannot Nullify Default: NCLT Upholds ₹95.31 Cr CIRP Application Against Corporate Debtor [Read Order]
The National Company Law Tribunal (NCLT) Indore bench admitted the Corporate Insolvency Resolution Process (CIRP) petition and held that temporary holding on operations by the bank does not wipe...
![Temporary Relief by Bank Cannot Nullify Default: NCLT Upholds ₹95.31 Cr CIRP Application Against Corporate Debtor [Read Order]](https://images.taxscan.in/h-upload/2026/03/23/2129936-temporary-relief-by-bank-cannot-nullify-default-nclt-upholds-cirp-application-against-corporate-debtor.webp "Temporary Relief by Bank Cannot Nullify Default: NCLT Upholds ₹95.31 Cr CIRP Application Against Corporate Debtor [Read Order]")