Corporate Law
NCLAT Upholds CIRP Initiation for Simbhaoli Sugar Limited Amidst Farmer Concerns
Tribunal Confirms Independent Insolvency Proceedings Despite RBI Circular's Nullification; Farmers' Interests to be Cons...
Corporate Insolvency Resolution Process Initiated Against Mhow Ghatabill Toll Roads Pvt. Ltd.
NCLT Admits Insolvency Petition Filed by Indian Overseas Bank for Financial Debt Default...
NCLT Initiates Insolvency Proceedings Against Swadesh Green Infra Limited
Narindra & Narindra Steel Corporation's application under Section 9 of the Insolvency and Bankruptcy Code accepted; Mora...
NCLAT Halts CIRP, Citing Malicious Intent and Abuse of Process by Sole Creditor
National Company Law Appellate Tribunal terminates insolvency proceedings against Sulojay Realty Pvt. Ltd., spotlighting...
NCLAT Overturns NCLT’s Decision, Orders Admission of Insolvency Application Against Satnam Global Infraprojects
Tech Lads India’s appeal succeeds as NCLAT identifies operational debt in consortium dealings, granting Satnam Global a ...
NCLT Admits Insolvency Petition Against Amishi Consumer Technologies Pvt Ltd
Bjain Pharmaceuticals' Application for Corporate Insolvency Resolution Process Approved; Moratorium Declared...
NCLT Bengaluru Bench Issues Partial Relief in Aditya Birla Finance Ltd v. Shapos Services Pvt Ltd Case
Tribunal Directs Suspended Directors and Service Providers to Cooperate with Resolution Professional; Claims Against AWS...
NCLT Directs Liquidator to Seek Civil Court Intervention in Complex Property Title Dispute
Tribunal advises appointing surveyor for disputed property measurement; Liquidator urged to pursue civil adjudication...
NCLT Mumbai Bench Denies Claims of Subsidiary Employees in Jet Airways Liquidation
Tribunal rules secondment does not alter employment contracts, dismisses application to admit claims in liquidation proc...
NCLT Kochi Mandates CoC to Cover CIRP Costs Despite Liquidation Resolution
Resolution Professional's Fees Must Be Paid by CoC Members in Proportion to Their Voting Shares, Rules Tribunal...
NCLAT Upholds NCLT's Decision to Remit Resolution Plan for Reconsideration
Ayra Consortium's Appeal Dismissed as Premature, Intervention Rights Preserved for Future Stages...
NCLAT Clears Resolution Professional of Misconduct in Rancom Healthcare Case
Tribunal Expunges Remarks Against RP for Procedural Errors in Insolvency Process...
SEBI Finds Rajesh Exports Limited Guilty of Massive Financial Misrepresentation and Fraudulent Practices
SEBI orders interim restrictions on Rajesh Exports Limited and Promoter Rajesh Mehta following prima facie findings of f...
Tribunal Dismisses Contempt Petition Against Liquidator Due to Mistaken Order
NCLAT rules that disbursement occurred before the tribunal's order, rendering contempt allegations unsustainable....
NCLT Kolkata Upholds Liquidator's Decision; Dismisses Indian Overseas Bank's Claims Against Corporate Debtor
Tribunal Reinforces the Insolvency and Bankruptcy Code's Objective of Reviving Distressed Entities as Viable Enterprises...
NCLT Cuttack Bench Approves Resolution Plan for Goyal Energy and Steel Ltd; Major Haircut on Claims but Revival Prospects Affirmed
Resolution Plan by Nakshatra Asset Ventures Limited sanctioned with 100% Committee of Creditors’ approval; Adjudicating ...
NCLT Mumbai Bench Initiates Insolvency Proceedings Against J-Seventy-One Properties
IIFL Home Finance's Section 7 Application Admitted; Moratorium Declared Under IBC ...
NCLAT Upholds Insolvency Proceedings Against JHV Sugar Limited
Tribunal dismisses appeal challenging ex-parte order, affirms valid service and debt default above threshold....
NCLT Bengaluru Resolves Dispute Over Monitoring Committee Costs
Tribunal Enforces Fee Cap and Orders Partial Allowance for Unsubstantiated Expenses...
NCLT Mumbai Dismisses Canara Bank's Insolvency Petition Against Globiz Exim Pvt Ltd
Application Rejected on Grounds of Limitation; Invocation of Corporate Guarantee Found Time-Barred ...
NCLT Mumbai Denies Waiver of Interest for Delayed Payment in Liquidation Sale
Tribunal Upholds Commercial Obligations Despite COVID-19 Pandemic Impact...
NCLT Mumbai Bench Rejects Insolvency Petition by Real Estate Allottees
Tribunal Finds Petitioners to be Speculative Investors, Not Genuine Homebuyers...
National Company Law Appellate Tribunal Sets Aside NCLT Decision, Upholds Flexibility in Bankruptcy Filing Timelines
The NCLAT Principal Bench rules that the three-month timeline for filing bankruptcy applications under the Insolvency an...
NCLAT Upholds Order for Disclosure of Financial Records by Mega Mall Management in CIRP of Avani Projects
Appellant’s appeal dismissed; Tribunal stresses on the need for transparency in insolvency proceedings under the Insolve...
NCLT Bars MIDC's Termination of Land Allotment to Jet Airways During Liquidation
Tribunal Upholds Protection Under IBC Section 33(5), Ensures Lease Agreement Execution...
NCLT Mumbai Dismisses Insolvency Petition Due to Pre-existing Dispute
The Tribunal rejects Lumens Technologies' application against Radhika Opto Electronics, citing the existence of a bona f...
NCLT Mumbai Rules Auction Purchaser Liable for Pre-Liquidation Dues in 'As Is Where Is' Sale
In a landmark decision, the NCLT Mumbai upheld statutory first charges under the Maharashtra Co-operative Societies Act,...
NCLT Mumbai Bench Rejects Armaan Sunil Kothari's Resolution Plan for 4B Networks Pvt. Ltd.
Tribunal Cites Non-Compliance with Insolvency Code and Material Irregularities in CIRP Process...
NCLT Mumbai Bench Denies EPFO's Late Claim in Sovika Aviation's Insolvency Case
Tribunal Emphasizes Strict Adherence to IBC Timelines, Dismisses EPFO's 400-Day Delayed Claim...
NCLAT Condoned Delay in Hannu Steels Appeal, Reinforces Natural Justice in Insolvency Proceedings
Tribunal Allows Hannu Steels Final Opportunity to File Reply in Insolvency Case, Highlighting Importance of Fair Hearing...
NCLAT Upholds Resolution Professional's Actions in NOIDA vs. Manohar Lal Vij Case
Resolution Professional's Refusal to Fully Admit Claims by NOIDA Deemed Justified; Appeal Dismissed...
NCLAT Upholds Separate Legal Entity Doctrine in Insolvency Set-Off Dispute
Assam Power Distribution's Set-Off Claim Against Brahmaputra Group Rejected; Liquidator's Demand for Dues Supported by T...
National Company Law Tribunal Initiates Insolvency Proceedings Against DNR India Autotech Pvt. Ltd.
Bank of Maharashtra's application under Section 7 of IBC accepted, moratorium declared by Mumbai Bench of NCLT...
NCLT Mumbai Bench Orders Restoration of Pledged Securities During Moratorium
Tribunal Declares Invocation of Pledged Securities Void Amid CIRP, Upholds Moratorium Under IBC, 2016...
NCLT Kolkata Admits Insolvency Petition Against Swal Limited
Scorpion Nirman Private Limited's application for Corporate Insolvency Resolution Process accepted; Inter-corporate loan...
NCLT Mumbai Declares Rs. 29.35 Crore Transaction as Fraudulent, Orders Recovery from Dev Land and Housing Pvt. Ltd.
Tribunal upholds NCLAT's findings, directs recovery of Rs. 24.45 crores from Dev Land and Housing Pvt. Ltd. and Responde...