Orders, reasoning and practical consequences

Tribunal Analysis

NCLT, NCLAT and DRAT case notes grounded in the original orders. Find the operative ruling, the reasoning that supports it and the limits that matter in practice.

39 articles · Explore all judgment analysis

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Publication dates describe our articles; order dates describe the underlying decisions. Source-check dates record the verification described in each note.

39 articles · Page 2 of 4

DRAT · Civil Procedure

DRAT Delhi: Procedural Appeals Did Not Avoid Section 18 Pre-Deposit

Jiffy Realtors Private Limited and connected appellants v. Indian Overseas Bank and others

DRAT Delhi's 14 October 2026 Jiffy Realtors order required pre-deposit for procedural appeals, reducing it to 35% without deciding the appeals' merits.

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NCLAT · Company Law

NCLAT: Homebuyer AR Lapses Did Not Justify Registration Cancellation

Deepak Kumar Goyal v. Insolvency and Bankruptcy Board of India

Deepak Kumar Goyal v IBBI: consultation records and prior instructions remained mandatory, but NCLAT remanded the cancellation penalty for reconsideration.

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DRAT · Civil Procedure

DRAT Paramjeet Mor: The Service Record Defeated a Late Defence

Paramjeet Mor v. Punjab National Bank and others

Paramjeet Mor shows how earlier service records and missing objections defeated a late non-supply plea. DRAT upheld written-statement closure.

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NCLAT · Company Law

NCLAT: A Resolution Plan Must Explain How It Addresses the Default

Dickey Special Situation Investment Trust-DSSF Series 2 v. Mr. Manish Agarwal, Committee of Creditors of Worlds Window Exim Private Limited and Mr. Sandeep Chandna

Dickey v Manish Agarwal: NCLAT upheld plan rejection for a missing cause-of-default explanation, while correcting the valuation and assignee-entitlement reasoning.

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NCLAT · Company Law

NCLAT: Going-Concern Sale Commenced with This Liquidation Order

Debashis Nanda v. Stakeholders' Consultation Committee

Debashis Nanda: NCLAT applied the saving for an already-commenced going-concern sale, treating the liquidation order rather than auction notice as decisive.

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NCLAT · Company Law

NCLAT: Security Documents Did Not Cure a Late Section 52 Election

Tata Capital Limited v. Mr. Sanjay Mahajan

Tata Capital v. Sanjay Mahajan: why security and Form D did not establish timely election, with the historical 30-day rule separated from the 2026 amendment.

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NCLAT · Company Law

NCLAT Dismisses Prateek Jain’s Shareholder Appeal Against Plan Approval

Prateek Jain v. Mr. Anurag Nirbhaya, M/s. Red Apple Buyers Welfare Association, SRA Society and M/s. Windsor Paradise Heights Pvt. Ltd.

Prateek Jain: NCLAT rejected this shareholder-only plan appeal and unsupported fraud allegations; homebuyers could not substitute support for their own challenge.

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NCLT · Company Law

NCLT: Invoked Guarantee Alone Did Not Prove Insolvent Status

Mr. Dhananjay Sanjay Agrawal v. Mr. Jigar Tarunkumar Bhatt, RP of Raninga Paper Mills Private Limited

Raninga Paper Mills: NCLT Ahmedabad distinguished an unpaid invoked guarantee from undischarged-insolvent status, with MSME and limited-standing qualifications.

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NCLT · Company Law

NCLT: Mixed Section 10A Invoices Need a Clear Default Case

Alliance Advertising and Marketing Pvt. Ltd. v. Eduisfun Technologies Pvt. Ltd.

NCLT Mumbai dismissed a mixed-invoice Section 9 petition after refusal to amend Form 5. Learn how default dates, acknowledgments and interest affected the case.

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NCLT · Company Law

NCLT Rejected Section 95 Proceedings Tied to Foreign Borrowers

Punjab National Bank v. Reji Abraham

PNB v Reji Abraham: NCLT Chennai’s 23 September 2026 jurisdiction ruling on foreign borrowers, Chennai residence and a Section 95 personal-guarantor petition.

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