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…
May 26, 2026 : The National Company Law Appellate Tribunal (NCLAT) has set aside a National Company Law Tribunal (NCLT) order that had threatened senior lender banks with civil imprisonment for allegedly failing to release rolled-over bank guarantee and letter Read more…
May 25, 2026 : In a significant ruling on the intersection of real estate development agreements and insolvency proceedings, the National Company Law Appellate Tribunal (NCLAT) has held that a developer engaged to complete a real estate project cannot claim Read more…
May 20, 2026 : The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal filed by leading alcoholic beverage industry bodies challenging the Competition Commission of India’s decision to close a case alleging abuse of dominance by the Kerala Read more…
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…
May 12, 2026 : The National Company Law Appellate Tribunal (NCLAT) has upheld insolvency proceedings against personal guarantors Amit Bhatnagar and Sumit Bhatnagar in connection with the debts of Diamond Power Transformers Ltd. (DPTL), ruling that approval of a resolution Read more…
May 12, 2026 : The National Company Law Appellate Tribunal has ruled that merely mortgaging property to help a company secure bank finance does not amount to a “financial debt” under the Insolvency and Bankruptcy Code, 2016 (IBC), even if Read more…
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…
March 13, 2026 : The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal filed by the Income Tax Department challenging the approval of the resolution plan of Solar Voltaic Power LLP, strongly criticising the Department for pursuing what Read more…
March 12, 2026 : The National Company Law Appellate Tribunal, Principal Bench, New Delhi, has held that a creditor cannot unilaterally adjust dues from the assets of a corporate debtor during the Corporate Insolvency Resolution Process (CIRP), as such actions Read more…