Tag: insolvency proceedings set aside

NCLAT Sets Aside Insolvency Proceedings Against Equinox India, Holds Equity Infusion Guarantee Is Not ‘Financial Debt’

Team Law Notify Commissions, Forums & Tribunals May 5, 2026

NCLAT _ National Company Law Appellate Tribunal _ LawNotify

May 4, 2026 : The National Company Law Appellate Tribunal (NCLAT) has set aside the insolvency proceedings initiated against Equinox India Developments Ltd., formerly known as Indiabulls Real Estate Ltd., holding that the corporate guarantee relied upon by Canara Bank Read more…

NCLT Chandigarh: Financial Creditor Must Bear CIRP Costs if Insolvency Proceedings Are Set Aside

Team Law Notify Commissions, Forums & Tribunals April 10, 2026

NCLT _ National Company Law Tribunal _ LawNotify

April 9, 2026 : The National Company Law Tribunal (NCLT), Chandigarh Bench, has held that where a corporate insolvency resolution process (CIRP) is set aside and the dispute is subsequently settled, the liability to bear CIRP costs rests on the Read more…