June 18, 2026 : The National Company Law Tribunal (NCLT), Kolkata Bench, has admitted an insolvency resolution application against Santosh Jhawar, the personal guarantor of Burgundy Life Style Pvt. Ltd., holding that acknowledgements of debt made by the principal borrower Read more…
June 18, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench, has held that a resolution plan approved by the Committee of Creditors (CoC) cannot be sent back for reconsideration merely because the value of the corporate debtor’s assets 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 2, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench-II has rejected an application seeking early dissolution of Jayesh Lifescience India Private Limited, holding that the commercial wisdom of the Committee of Creditors (CoC) cannot override mandatory statutory Read more…