NCLAT Fortnightly January 1-15, 2026
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal (“NCLAT”), under the Insolvency and Bankruptcy Code, 2016 (“Code”), during the period between January 1, 2026, to January 15, 2026.
For ease of reference, the orders have been categorized and dealt with in the following categories i.e., Pre-Corporate Insolvency Resolution Process (“CIRP”), CIRP stage, Post-CIRP stage, Liquidation and Miscellaneous stage.
Pre-admission Stage
1. In Ujwal Gupta v. Union Bank of India (Company Appeal (AT) (Ins) No. 2001 of 2024), the NCLAT held that a demand notice issued under Section 13(2) of the SARFAESI Act can constitute a valid invocation of a…