April 21, 2026 : The National Company Law Appellate Tribunal (NCLAT) has affirmed that an Adjudicating Authority under the Insolvency and Bankruptcy Code (IBC) is not a mere approving body for resolution plans cleared by the Committee of Creditors (CoC), Read more…
April 20, 2026 : The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has held the promoters, directors, and certain third-party entities of Kanoovi Foods Private Limited liable for fraudulent and wrongful trading under Section 66 of the Insolvency Read more…
April 17, 2026 : The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has dismissed a Section 9 application filed by A.T. Trade Overseas Pvt. Ltd. seeking initiation of Corporate Insolvency Resolution Process (CIRP) against Electrotherm (India) Ltd., holding Read more…
April 17, 2026 : The National Company Law Tribunal (NCLT), Ahmedabad Bench has held that where an operational debt is denominated in foreign currency, its conversion into Indian Rupees for determining the threshold under Section 4 of the Insolvency and Read more…
April 16, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has affirmed the liability of former directors of Golden Tobacco Limited for failing to deposit amounts deducted from employees’ salaries with a co-operative credit Read more…
April 13, 2026 : The National Company Law Tribunal (NCLT), Ahmedabad Bench has approved the first motion application filed by Triumph Offshore Pvt. Ltd. and Swan Defence and Heavy Industries Ltd. in relation to their proposed scheme of arrangement and Read more…
April 10, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has upheld the rejection of a Section 9 application filed by Narayani Resources Pvt. Ltd. against Essar Power Gujarat Ltd., reiterating that insolvency proceedings cannot Read more…
April 7, 2026 : The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has held that removal from the post of director does not extinguish a person’s right as a shareholder to maintain a petition for oppression and mismanagement Read more…
April 1, 2026 : The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has held that freezing the bank accounts of a corporate debtor during the subsistence of a moratorium under the Insolvency and Bankruptcy Code, 2016 (IBC) is Read more…
April 1, 2026 : The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has held that statutory authorities cannot enforce recovery of dues against a corporate debtor during the subsistence of a moratorium under the Insolvency and Bankruptcy Code, Read more…