Saturday, 19 September, 2026

Tag: IBC 2016


NCLT National Company Law Tribunal India

June 10, 2026 : The National Company Law Tribunal (NCLT), Kolkata Bench, has refused to allow the sale of Dooteriah & Kalej Valley Tea Private Limited as a “going concern” during liquidation proceedings, holding that the legal framework permitting such Read more…


NCLAT National Company Law Appellate Tribunal

June 2, 2026 : In a significant ruling on the liability of personal guarantors under the Insolvency and Bankruptcy Code, 2016 (IBC), the National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has dismissed an appeal filed by Raiz Bashirudeen and Read more…


NCLAT National Company Law Appellate Tribunal India

May 25, 2026 : The National Company Law Appellate Tribunal (NCLAT) has upheld the withdrawal of corporate insolvency resolution proceedings (CIRP) initiated against West Bengal Agro Textile Corporation Limited, ruling that the withdrawal was carried out in accordance with the Read more…


NCLT _ National Company Law Tribunal _ LawNotify

May 8, 2026 : The National Company Law Tribunal has held that the decision on whether a corporate debtor should continue to occupy or vacate leased premises during the Corporate Insolvency Resolution Process (CIRP) or liquidation is a matter that Read more…


NCLAT _ National Company Law Appellate Tribunal _ LawNotify

May 6, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that disputes concerning unusable commercial premises, disruption of essential services and obstruction to business operations constitute a genuine pre-existing dispute under Section 9 Read more…


NCLAT _ National Company Law Appellate Tribunal _ LawNotify

May 6, 2026 : The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) has upheld the rejection of an insolvency application filed against Indorama Ventures Yarns Private Limited under Section 9 of the Insolvency and Bankruptcy Code, Read more…


NCLT _ National Company Law Tribunal _ LawNotify

April 24, 2026 : The Mumbai Bench-II of the National Company Law Tribunal (NCLT) has approved a ₹730 crore resolution plan for Rajesh Business and Leisure Hotels Private Limited, bringing a significant step forward in reviving a long-stalled hotel project Read more…


NCLAT _ National Company Law Appellate Tribunal _ LawNotify

April 22, 2026 : The National Company Law Appellate Tribunal, Chennai Bench, has upheld the rejection of an intervention application filed by two prospective homebuyers seeking to join insolvency proceedings initiated against Koncept Nirman Private Limited. The Tribunal ruled that Read more…


NCLT _ National Company Law Tribunal _ LawNotify

April 17, 2026 : The National Company Law Tribunal (NCLT), Kochi Bench, has held that a dissenting financial creditor has no locus to intervene in disputes between the Successful Resolution Applicant (SRA) and the Resolution Professional (RP) once a resolution Read more…


NCLT _ National Company Law Tribunal _ LawNotify

April 17, 2026 : The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has dismissed a Section 9 application filed by A.T. Trade Overseas Pvt. Ltd. seeking initiation of Corporate Insolvency Resolution Process (CIRP) against Electrotherm (India) Ltd., holding Read more…