This is part 6 of the annual round-up that provides an analytical summary of the key Corporate law rulings of the National Company Law Appellate Tribunal (NCLAT) reported on Taxscan.in in 2025.
Once a Case is Filed Against Borrower, Guarantor’s Case Must Go to the Same NCLT: NCLAT Says Filing Counts as Pendency, Not Just Admission
S. VASUDEVAN vs IDBI TRUSTEESHIPSERVICES LIMITED CITATION : 2025 TAXSCAN (NCLAT) 296
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) upheld the admission of a Section 7 application filed against Tuscan Consultants and Developers Private Limited, holding that once a petition is filed against a borrower, proceedings against the guarantor must also go before…