When NO ligand binds to a metal centre, if NO donates an e- to M from its pi* orbital, it will become NO+. This NO+ is a good pi-acceptor ligand, and there is back-pi-bonding from M.
My question is that the NO ligand uses its pi*orbitals for both donating and receiving e-, so, overall, it is donating or receiving?
If there is back-pi-bonding to NO+ pi* orbitals, is it still NO+?