April 7, 2026 : The Mumbai Bench-I of the National Company Law Tribunal has clarified that insolvency professionals cannot assume control over assets that do not belong to the corporate debtor, even if such assets appear in its records. The Read more…
April 2, 2026 : The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has held that tribunals constituted under the Insolvency and Bankruptcy Code, 2016 (IBC) do not have the jurisdiction to direct refund of Tax Deducted at Source (TDS), Read more…
The National Company Law Tribunal (NCLT), Guwahati Bench, has directed the suspended directors of Sree Bajrang Infracon Pvt. Ltd. to fully cooperate with the liquidator and hand over all records, assets, and information, holding that non-cooperation undermines the time-bound insolvency Read more…