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Fresh Application U/S 7 Of IBC Can Be Filed Upon Default Under Restructured Terms: NCLAT
Issuance Of Second Demand Notice U/S 8 Of IBC With Significant Changes Amounts To Fresh Notice: NCLAT
Income Tax Refund Received By Bank During CIRP In Corporate Debtor's Account Cannot Be Withheld: NCLAT
Application U/S 7 Of IBC Shall Be Deemed Withdrawn If Modification Application Is Not Filed Within 30 Days: NCLAT
NCLT Is Bound To Appoint IRP Proposed By Corporate Debtor: Madras High Court
Unadjusted Trade Advance Payable With Interest Rate Qualifies As Financial Debt U/S 5(8) Of IBC: NCLAT
Financial Creditor Can Amend Date Of Default Even If Pleadings Are Closed: NCLT Mumbai
Dissolution Under IBC Can't Be Used To Frustrate Ongoing PMLA Proceedings: NCLT Delhi
NCLAT Declares Transactions Fraudulent U/S 66 Of IBC Due To Corporate Debtor's Failure To Diligently Negotiate One-Sided Clause In MOU
Single Whatsapp Message Raising General Dispute Can't Become Foundation To Reject Petition U/S 9 Of IBC: NCLAT
Viability Of Corporate Debtor Can't Be Considered While Deciding Petition U/S 7 Of IBC Once Debt & Default Are Established: NCLAT
IBC Monthly Digest: May 2025