Overview
The National Company Law Appellate Tribunal (NCLAT) has issued critical rulings under the Insolvency and Bankruptcy Code (IBC) for early 2026. Key decisions clarify personal guarantee invocation, penalize debt inflation by creditors, and define Committee of Creditors’ powers. Orders also cover dispute jurisdiction, asset exclusion in liquidation, and interim finance protocols, significantly shaping the insolvency resolution and liquidation landscape for Indian businesses.
The National Company Law Appellate Tribunal’s (NCLAT) recent pronouncements during the first fortnight of January 2026 offer crucial insights into the evolving application of India’s Insolvency and…