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 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…
May 11, 2026 : The National Company Law Appellate Tribunal (NCLAT), New Delhi, has held that a Resolution Professional (RP) is empowered to appoint professionals, including transaction auditors, for conduct of the Corporate Insolvency Resolution Process (CIRP) without prior consultation Read more…
May 7, 2026 : The National Company Law Appellate Tribunal (NCLAT) has upheld the Corporate Insolvency Resolution Process (CIRP) initiated against M.D. Devcon Private Limited and ruled that allottees who cancel their allotment and seek refund with interest cease to Read more…
May 6, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that disputes concerning unusable commercial premises, disruption of essential services and obstruction to business operations constitute a genuine pre-existing dispute under Section 9 Read more…
May 6, 2026 : The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) has upheld the rejection of an insolvency application filed against Indorama Ventures Yarns Private Limited under Section 9 of the Insolvency and Bankruptcy Code, Read more…
April 24, 2026 : The Mumbai Bench-II of the National Company Law Tribunal (NCLT) has approved a ₹730 crore resolution plan for Rajesh Business and Leisure Hotels Private Limited, bringing a significant step forward in reviving a long-stalled hotel project Read more…
April 10, 2026 : The National Company Law Appellate Tribunal (NCLAT) has upheld the initiation of Corporate Insolvency Resolution Process (CIRP) against Supreme Best Value Kolhapur (Shiroli) Sangli Tollways Pvt. Ltd., holding that the existence of a favourable arbitral award does Read more…
March 10, 2026 : The Mumbai Bench-II of the National Company Law Tribunal (NCLT) has ruled that refundable security deposits of post-paid telecom subscribers and unspent balances of prepaid users must be treated as operational debt and included in the Read more…
April 8, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench (Court-III), has dismissed an application filed by Orissa Metaliks Private Limited (OMPL) challenging the Committee of Creditors’ (CoC) decision to conduct a second round of e-challenge mechanism in Read more…