Tag: insolvency resolution process India

NCLAT rules foreign oil and gas assets cannot be included in Videocon Industries CIRP.

Team Law Notify Commissions, Forums & Tribunals May 15, 2026

NCLAT _ National Company Law Appellate Tribunal _ LawNotify

May 14, 2026 : The National Company Law Appellate Tribunal has upheld the exclusion of Videocon Group’s foreign oil and gas assets from the corporate insolvency resolution process (CIRP) of Videocon Industries Limited, delivering a significant ruling on the treatment Read more…

NCLT Kochi: Absence of Repayment Plan Bars Creditors’ Meeting, Triggers Bankruptcy Consequences

Team Law Notify Commissions, Forums & Tribunals April 14, 2026

NCLT _ National Company Law Tribunal _ LawNotify

April 13, 2026 : The Kochi Bench of the National Company Law Tribunal has held that where a personal guarantor fails to submit a repayment plan, the Resolution Professional cannot convene a meeting of creditors and must instead file a report Read more…