Saturday, 19 September, 2026

Tag: insolvency proceedings


Supreme Court of India SCI

June 2, 2026 : The Supreme Court has delivered a significant ruling aimed at safeguarding the integrity of the judicial system, holding that courts must adopt a strict “zero-tolerance” policy against the use, citation, or reliance on AI-generated judicial precedents Read more…


NCLT National Company Law Tribunal

June 19, 2026 : In a significant ruling under the Insolvency and Bankruptcy Code, 2016 (IBC), the National Company Law Tribunal (NCLT), Jaipur Bench, has held that a Resolution Professional (RP) appointed in insolvency proceedings against a personal guarantor cannot Read more…


NCLAT National Company Law Appellate Tribunal

June 2, 2026 : In a significant ruling on the liability of personal guarantors under the Insolvency and Bankruptcy Code, 2016 (IBC), the National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has dismissed an appeal filed by Raiz Bashirudeen and Read more…


NCLT National Company Law Tribunal India

June 1, 2026 :The National Company Law Tribunal (NCLT), New Delhi Bench, has dismissed an application seeking perjury proceedings against an operational creditor, holding that not every omission or defect in pleadings amounts to an offence of giving false evidence. Read more…


NCLAT National Company Law Appellate Tribunal India

May 25, 2026 : The National Company Law Appellate Tribunal (NCLAT) has upheld the withdrawal of corporate insolvency resolution proceedings (CIRP) initiated against West Bengal Agro Textile Corporation Limited, ruling that the withdrawal was carried out in accordance with the Read more…


NCLT _ National Company Law Tribunal _ LawNotify

May 8, 2026 : The National Company Law Tribunal has held that the decision on whether a corporate debtor should continue to occupy or vacate leased premises during the Corporate Insolvency Resolution Process (CIRP) or liquidation is a matter that Read more…


Supreme Court of India

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…


NCLAT _ National Company Law Appellate Tribunal _ LawNotify

May 6, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that disputes concerning unusable commercial premises, disruption of essential services and obstruction to business operations constitute a genuine pre-existing dispute under Section 9 Read more…


NCLAT _ National Company Law Appellate Tribunal _ LawNotify

May 6, 2026 : The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) has upheld the rejection of an insolvency application filed against Indorama Ventures Yarns Private Limited under Section 9 of the Insolvency and Bankruptcy Code, Read more…


NCLAT _ National Company Law Appellate Tribunal _ LawNotify

May 4, 2026 : The National Company Law Appellate Tribunal (NCLAT) has quashed insolvency proceedings initiated against Equinox India Developments Ltd. (formerly Indiabulls Real Estate Ltd.), holding that the corporate guarantee relied upon by Canara Bank did not amount to Read more…