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    <title>2025 (5) TMI 2008 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI - LB</title>
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    <description>The SC/HC affirmed the substitution of the appellant&#039;s name post-amalgamation under Companies Act provisions. The Tribunal held that NCLT has jurisdiction to hear Section 95 IBC applications against personal guarantors, even without concurrent corporate debtor proceedings. The impugned order dismissing the application was declared per incuriam, with liberty granted to the appellant to seek recall based on clarified legal principles.</description>
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      <description>The SC/HC affirmed the substitution of the appellant&#039;s name post-amalgamation under Companies Act provisions. The Tribunal held that NCLT has jurisdiction to hear Section 95 IBC applications against personal guarantors, even without concurrent corporate debtor proceedings. The impugned order dismissing the application was declared per incuriam, with liberty granted to the appellant to seek recall based on clarified legal principles.</description>
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