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 8, 2026 : The National Company Law Tribunal has held that the decision on whether a corporate debtor should continue to occupy or vacate leased premises during the Corporate Insolvency Resolution Process (CIRP) or liquidation is a matter that Read more…
April 23, 2026 : The Kochi Bench of the National Company Law Tribunal (NCLT) has ruled that a homebuyer who has paid the full sale consideration and has been placed in possession of a property is entitled to execution and Read more…
April 17, 2026 : The National Company Law Tribunal (NCLT), Kochi Bench, has held that a dissenting financial creditor has no locus to intervene in disputes between the Successful Resolution Applicant (SRA) and the Resolution Professional (RP) once a resolution Read more…
April 13, 2026 : The Kochi Bench of the National Company Law Tribunal has held that where a personal guarantor fails to submit a repayment plan, the Resolution Professional cannot convene a meeting of creditors and must instead file a report Read more…
April 10, 2026 : The National Company Law Tribunal, Kochi Bench has admitted a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Seguro Foundations & Structures Pvt. Ltd. for non-payment of salary dues, holding that the Read more…
April 10, 2026 : The National Company Law Tribunal (NCLT), Kochi Bench, has condoned a delay of 470 days in filing a claim by Federal Bank Limited in bankruptcy proceedings against personal guarantor Reena Paul, holding that the delay was Read more…
April 9, 2026 : The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has ruled that a High Court cannot direct exclusion of time or condonation of delay after refusing to entertain a writ petition on the ground of availability of Read more…
April 8, 2026 : The National Company Law Tribunal (NCLT), Kochi Bench, has reiterated that approval of a resolution plan by the Committee of Creditors (CoC) is not binding on the Adjudicating Authority where the plan fails to meet the mandatory Read more…
April 6, 2026 : The National Company Law Tribunal (NCLT), Kochi Bench, has clarified that contempt jurisdiction cannot be invoked as a substitute for execution of orders, holding that once a final order is passed, all prior acts during the Read more…