May 6, 2026 : The National Company Law Tribunal (NCLT), Jaipur Bench, has held that the individual insolvency framework under the Insolvency and Bankruptcy Code, 2016 can be invoked only by or against personal guarantors to corporate debtors and not Read more…
April 8, 2026 : The National Company Law Tribunal (NCLT), Kochi Bench, has reiterated that approval of a resolution plan by the Committee of Creditors (CoC) is not binding on the Adjudicating Authority where the plan fails to meet the mandatory Read more…
April 7, 2026 : The Mumbai Bench-I of the National Company Law Tribunal has clarified that insolvency professionals cannot assume control over assets that do not belong to the corporate debtor, even if such assets appear in its records. The Read more…
April 2, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench-II has rejected an application seeking early dissolution of Jayesh Lifescience India Private Limited, holding that the commercial wisdom of the Committee of Creditors (CoC) cannot override mandatory statutory Read more…
The National Company Law Tribunal (NCLT), Guwahati Bench, has directed the suspended directors of Sree Bajrang Infracon Pvt. Ltd. to fully cooperate with the liquidator and hand over all records, assets, and information, holding that non-cooperation undermines the time-bound insolvency Read more…