June 10, 2026 : The National Company Law Tribunal (NCLT), Kolkata Bench, has refused to allow the sale of Dooteriah & Kalej Valley Tea Private Limited as a “going concern” during liquidation proceedings, holding that the legal framework permitting such Read more…
March 27, 2026 : The National Company Law Appellate Tribunal (NCLAT), New Delhi, has dismissed two appeals arising out of the liquidation proceedings of Alps Leisure Holidays Ltd., holding that judicial custody of an appellant cannot justify extension of the Read more…
March 18, 2026 : The National Company Law Tribunal (NCLT), Bengaluru Bench, has reaffirmed that the Stakeholders’ Consultation Committee (SCC) in liquidation proceedings performs only a consultative function, with ultimate decision-making authority resting with the liquidator. In an order dated Read more…
March 6, 2026 : The National Company Law Tribunal (NCLT), Hyderabad Bench, has rejected a scheme of compromise and arrangement proposed for Sarda Agro Oils Limited, holding that Section 230 of the Companies Act, 2013 cannot be used to secure Read more…