May 8, 2026 : The National Company Law Appellate Tribunal (NCLAT), New Delhi, has dismissed two appeals filed by personal guarantor Ashwani Kumar Oberoi seeking to restrain SARFAESI recovery proceedings and set aside an auction sale conducted by the State Read more…
April 9, 2026 : The Chandigarh Bench of the National Company Law Tribunal (NCLT) has held that once a corporate insolvency resolution process (CIRP) is set aside and the dues of the initiating financial creditor are fully settled, the insolvency Read more…
April 9, 2026 : The National Company Law Tribunal (NCLT), Chandigarh Bench, has held that where a corporate insolvency resolution process (CIRP) is set aside and the dispute is subsequently settled, the liability to bear CIRP costs rests on the Read more…
March 27, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that once a debenture trustee successfully establishes the existence of financial debt and default, initiation of Corporate Insolvency Resolution Process (CIRP) under Section Read more…
March 18, 2026 : The National Company Law Tribunal (NCLT), Chandigarh Bench, has clarified that the moratorium imposed under Section 14 of the Insolvency and Bankruptcy Code (IBC) applies only to the corporate debtor and does not extend protection to Read more…
March 10, 2026 : The Chandigarh Bench of the National Company Law Tribunal (NCLT) has dismissed an application filed by Omkara Assets Reconstruction Pvt. Ltd. seeking admission of its claim as a secured financial creditor in the corporate insolvency resolution Read more…
March 10, 2026 : The National Company Law Appellate Tribunal (NCLAT), New Delhi has held that a forensic or transaction audit commissioned independently by the suspended management of a corporate debtor during the Corporate Insolvency Resolution Process (CIRP) cannot be Read more…