May 8, 2026 : The National Company Law Appellate Tribunal (NCLAT), New Delhi, has dismissed two appeals filed by personal guarantor Ashwani Kumar Oberoi seeking to restrain SARFAESI recovery proceedings and set aside an auction sale conducted by the State Read more…
News Citation : 2026 LN (SC) 460 May 8, 2026 : The Supreme Court has dismissed an appeal filed by Dhanlaxmi Bank Limited and reaffirmed that the Insolvency and Bankruptcy Code, 2016 (IBC) cannot be invoked as a coercive mechanism Read more…
May 6, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has refused to condone a delay of 198 days in refiling an insolvency appeal filed by Om Logistics Limited, holding that a company cannot justify Read more…
May 4, 2026 : The Kolkata Bench of the National Company Law Tribunal has held that directors of a suspended board are not entirely barred from approaching the adjudicating authority during the Corporate Insolvency Resolution Process (CIRP), especially in cases Read more…
April 22, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has set aside an order of the National Company Law Tribunal (NCLT) which had substituted the Resolution Professional (RP) proposed by the Committee of Read more…
April 21, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has ruled that a Successful Resolution Applicant (SRA) cannot reopen or re-adjudicate claims that have already been verified and admitted during the Corporate Insolvency Resolution Process (CIRP), Read more…
April 21, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has dismissed an appeal filed by Bhushan Power & Steel Limited, reiterating that operational debts of separate legal entities cannot be aggregated to meet the Read more…
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…
April 9, 2026 : The National Company Law Appellate Tribunal (NCLAT), Chennai Bench has dismissed an appeal filed by GK Ispat Private Limited, reiterating that claims not filed within the prescribed timeline or lacking proper substantiation cannot be entertained at Read more…
April 2, 2026 : The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has held that tribunals constituted under the Insolvency and Bankruptcy Code, 2016 (IBC) do not have the jurisdiction to direct refund of Tax Deducted at Source (TDS), Read more…