June 18, 2026 : The National Company Law Tribunal (NCLT), Kolkata Bench, has admitted an insolvency resolution application against Santosh Jhawar, the personal guarantor of Burgundy Life Style Pvt. Ltd., holding that acknowledgements of debt made by the principal borrower Read more…
June 10, 2026 : The National Company Law Tribunal (NCLT), Kolkata Bench, has refused to allow the sale of Dooteriah & Kalej Valley Tea Private Limited as a “going concern” during liquidation proceedings, holding that the legal framework permitting such Read more…
May 25, 2026 : The National Company Law Appellate Tribunal (NCLAT) has upheld the withdrawal of corporate insolvency resolution proceedings (CIRP) initiated against West Bengal Agro Textile Corporation Limited, ruling that the withdrawal was carried out in accordance with the Read more…
May 4, 2026 : The Kolkata Bench of the National Company Law Tribunal has held that directors of a suspended board are not entirely barred from approaching the adjudicating authority during the Corporate Insolvency Resolution Process (CIRP), especially in cases Read more…
April 8, 2026 : The National Company Law Tribunal (NCLT), Kolkata Bench has ruled that its residuary jurisdiction under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 cannot be exercised after approval of a resolution plan to seek disclosure Read more…