A Debtor’s Shield: Can Non-Compliance with Section 186 of the Companies Act, 2013, Protect a Debtor Under the IBC?
In view of the Judgment dated July 15, 2025, passed by the Hon’ble National Company Law Appellate Tribunal (“NCLAT”) in Pancham Studios Private Limited vs. Konark Aquatics and Exports Private Limited,Company Appeal (AT) (Ins.) No. 406 of 2024 (“Company Appeal”), the present Article discusses whether violation of Section 186 (2) (a) of Companies Act, 2013 […]
Free Copy of NCLT Order Will be Considered as ‘Certified Copy’ for the Purpose of Filing of Appeal Before NCLAT
Background: The Certified Copy Conundrum Rule 50 of the National Company Law Tribunal, Rules (“NCLT Rules”) mandates that a certified copy of the final order passed by the National Company Law Tribunal (“NCLT”) must be issued to the concerned parties free of cost. However, the National Company Law Appellate Tribunal Rules, 2016 (“NCLAT Rules”), under […]