Tag: Indian Bank

NCLT Kolkata admits insolvency proceedings against a personal guarantor, clarifying limitation and guarantor liability under IBC.

Editor Commissions, Forums & Tribunals June 19, 2026

June 18, 2026 : The National Company Law Tribunal (NCLT), Kolkata Bench, has admitted an insolvency resolution application against Santosh Jhawar, the personal guarantor of Burgundy Life Style Pvt. Ltd., holding that acknowledgements of debt made by the principal borrower Read more…

NCLT Directs Indian Bank Officer to Appear, Rejects 60-Page Affidavit as Beyond Scope in Nimitiya Hotel CIRP

Team Law Notify Commissions, Forums & Tribunals April 16, 2026

NCLT _ National Company Law Tribunal _ LawNotify

April 15, 2026 : The National Company Law Tribunal (NCLT), New Delhi, has refused to take on record a 60-page affidavit filed by Indian Bank in proceedings arising out of the corporate insolvency resolution process (CIRP) of M/s Nimitiya Hotel Read more…