In Neelkanth Township and Construction Pvt. Ltd. v. Urban Infrastructure Trustees Ltd, the National Company Law Appellate Tribunal (NCLAT) addressed several issues with regard to the Insolvency and Bankruptcy Code, 2016 (IBC).

The Hon'ble Supreme Court of India has held that once an arbitrator becomes ineligible to be appointed as an arbitrator by operation of law, he also loses his power to nominate another as an arbitrator.