Commissions, Forums & Tribunals NCLT Allahabad Admits Section 9 Plea Against Magma Industries; ₹8.21 Crore Default Triggers CIRP Dr. K. S. MishraApril 10, 2026April 30, 20263 mins April 9, 2026 : The Allahabad Bench of the National Company Law Tribunal (NCLT) has admitted a Section 9 application…
Commissions, Forums & Tribunals NCLAT Refuses Restoration of Section 9 Petition Beyond 30 Days, Says Inherent Powers Cannot Override Statutory Limitation Team Law NotifyApril 9, 2026April 12, 20262 mins April 8, 2026 : The National Company Law Appellate Tribunal (NCLAT) has declined to restore a Section 9 insolvency petition…
Commissions, Forums & Tribunals NCLT Mumbai Upholds CoC’s Right to Conduct Second E-Challenge in Future Enterprises CIRP, Dismisses Orissa Metaliks Plea Team Law NotifyApril 9, 2026April 17, 20263 mins April 8, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench (Court-III), has dismissed an application filed by Orissa…
Commissions, Forums & Tribunals NCLT Kolkata: Section 60(5) IBC Cannot Be Invoked Post-Resolution Plan Approval to Seek CIRP Records Team Law NotifyApril 9, 2026April 30, 20263 mins April 8, 2026 : The National Company Law Tribunal (NCLT), Kolkata Bench has ruled that its residuary jurisdiction under Section…
Commissions, Forums & Tribunals NCLAT Chennai: IBC Tribunals Cannot Order TDS Refund; Jurisdiction Lies with Income Tax Authorities Team Law NotifyApril 3, 2026April 9, 20263 mins April 2, 2026 : The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has held that tribunals constituted under the…
Commissions, Forums & Tribunals NCLAT: Power to Direct Reconsideration of Repayment Plan Under Section 114(3) IBC Is Discretionary, Not Automatic Team Law NotifyApril 2, 2026April 16, 20262 mins April 1, 2026 : The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has clarified that the power of the…
Commissions, Forums & Tribunals NCLT Ahmedabad: Freezing Bank Accounts During IBC Moratorium Illegal, Orders IDBI Bank to Lift Liens on Wind World Accounts Team Law NotifyApril 2, 2026April 18, 20263 mins April 1, 2026 : The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has held that freezing the bank…
Commissions, Forums & Tribunals NCLT Ahmedabad Orders Defreezing of Bank Accounts, Bars Statutory Recovery During IBC Moratorium Team Law NotifyApril 2, 2026April 30, 20263 mins April 1, 2026 : The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has held that statutory authorities cannot…
Commissions, Forums & Tribunals NCLAT Rejects MMTC Appeal Against NSEL Settlement, Upholds Finality After Supreme Court Affirmation Team Law NotifyMarch 31, 2026April 3, 20262 mins March 30, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has dismissed an appeal filed…
Commissions, Forums & Tribunals NCLAT Upholds CIRP Against Vatika Limited but Restricts Insolvency to Project ‘Aspirations’ Team Law NotifyMarch 28, 2026April 11, 20263 mins March 27, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that once a…
