Tag: concession agreement termination

NCLT admits Canara Bank’s insolvency plea against HK Toll Road over ₹282 crore default under the IBC.

Editor Commissions, Forums & Tribunals June 12, 2026

NCLT National Company Law Tribunal India

June 11, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted a corporate insolvency resolution process (CIRP) petition filed by Canara Bank against HK Toll Road Private Limited, a Reliance Infrastructure-promoted special purpose vehicle engaged in the Read more…

NCLAT: Pre-CIRP Terminated Contracts Cannot Be Revived Through Resolution Plan; DMRC Not Bound to Reinstate Concession

Team Law Notify Commissions, Forums & Tribunals March 28, 2026

March 27, 2026 : The National Company Law Appellate Tribunal (NCLAT) has clarified that a contract terminated prior to the commencement of the Corporate Insolvency Resolution Process (CIRP) cannot be revived through a resolution plan or by directions of the Read more…