Corporate Law

NCLT Ahmedabad Admits Insolvency Petition Against Mehsana Dairy and Food Products Ltd.

Tribunal Initiates Corporate Insolvency Resolution Process for Default in Operational Debt Payment...

NCLAT Dismisses Insolvency Petition: Equity Investments Not "Financial Debt"

Metamorphosis Trading LLP's Appeal Fails as Tribunal Upholds NCLT's Decision Regarding Subscription and Shareholders Agr...

NCLAT Sets Precedent by Upholding Homebuyers' Claims in CIRP

Appellate Tribunal acknowledges registered agreements and full payments in resolution process, ensuring equitable treatm...

NCLT Dismisses Insolvency Petition Against Shapoorji Pallonji Over Disputed MSME Interest Claims

Mumbai Bench-VI of NCLT Rules Statutory Interest Under MSMED Act Cannot Elevate Debt Above IBC Threshold...

Morgan Securities' Insolvency Petition Against BPL Limited Dismissed by NCLT

NCLT Kochi Bench rules insolvency proceedings cannot be used as recovery mechanisms for adjudicated claims...

NCLAT Overturns NCLT's Decision: Interest Component Integral to Financial Debt Under IBC

Tribunal Affirms Wild Dreams Trading Company's Appeal, Acknowledging Interest in Financial Debt Calculation...

NCLT Mumbai Bench Initiates Insolvency Process for Future Consumer Limited

Resurgent India Special Situations Fund's plea admitted; Moratorium imposed under IBC Section 14...

NCLAT Upholds Personal Insolvency Proceedings Against Nakul Gupta

Tribunal Dismisses Appeal, Confirms Guarantor Liability Despite Resignation and Claims of Contract Novation...

NCLT Rejects Insolvency Plea Against Struck-Off Company

Adamji Investments' attempt to initiate CIRP against M Cons Media Marketing fails due to legal non-existence of debtor c...

NCLAT Upholds Liquidation of Ushdev International Limited Amid Prolonged Delays by Successful Resolution Applicant

Tribunal Imposes Rs. 5 Lakhs Costs for Misuse of Judicial Process; Liquidation Ensures Value Preservation for Creditors...

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