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Filing is complete when CIRP application is presented at filing counter of Registry: NCLAT

NCLAT held that the date of filing of an application is the date when the application is placed before the Registry, and not the date when the Registry numbers the application. ....

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Speed is the essence of IBC; time barred debt cannot be resurrected: NCLAT

The National Company Law Appellate Tribunal (NCLAT), Chennai recently reiterated the importance of adhering to timelines under the Insolvency & Bankruptcy Code, 2016. ....

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Liability of Corporate Debtor should be included in Information Memorandum regardless of delay in filing claims: NCLAT

The National Company Law Appellate Tribunal held that the Resolution Professional should inform Financial Creditors existing in the records of Corporate Debtor about initiation of CIRP to avoid delay in filing claims. ....

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