[ Tribunals ]

Nclat

Latest Nclat updates from LegalRepublic.in.

[ Nclat ]

NCLAT Sets Aside CIRP Admission Against Equinox India: Guarantee Was for Equity Infusion, Not Debt Repayment

NCLAT's Principal Bench set aside NCLT's admission of Canara Bank's Section 7 application against Equinox India Developments, finding the corporate guarantee covered equity infusion only and the application was barred by Section 10A.

By Manaswi Singh · 26 May 2026

[ Nclat ]

Prior Registered Bank Charge Prevails Over Subsequent State Tax Lien, NCLAT Dismisses State Tax Officer’s Appeal in Gangotri Glazed Tiles Liquidation

NCLAT holds a 2012 bank security interest registered with ROC defeats a 2019 statutory tax lien; Rainbow Papers does not override chronological priority under IBC Section 52.

By Manaswi Singh · 26 May 2026

Nclat

NCLAT Sets Aside CIRP Admission Against Equinox India: Guarantee Was for Equity Infusion, Not Debt Repayment

Prior Registered Bank Charge Prevails Over Subsequent State Tax Lien, NCLAT Dismisses State Tax Officer&rsquo;s Appeal in Gangotri Glazed Tiles Liquidation

Prior Registered Bank Charge Prevails Over Subsequent State Tax Lien, NCLAT Dismisses State Tax Officer’s Appeal in Gangotri Glazed Tiles Liquidation