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…
News Citation : 2026 LN (SC) 460 May 8, 2026 : The Supreme Court has dismissed an appeal filed by Dhanlaxmi Bank Limited and reaffirmed that the Insolvency and Bankruptcy Code, 2016 (IBC) cannot be invoked as a coercive mechanism Read more…
May 4, 2026 : The National Company Law Appellate Tribunal (NCLAT) has quashed insolvency proceedings initiated against Equinox India Developments Ltd. (formerly Indiabulls Real Estate Ltd.), holding that the corporate guarantee relied upon by Canara Bank did not amount to Read more…
April 22, 2026 : The National Company Law Appellate Tribunal, Chennai Bench, has upheld the rejection of an intervention application filed by two prospective homebuyers seeking to join insolvency proceedings initiated against Koncept Nirman Private Limited. The Tribunal ruled that Read more…
April 10, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that the Corporate Insolvency Resolution Process (CIRP) initiated against Raheja Developers Ltd. must remain confined to the specific real estate project in respect 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…
April 7, 2026 : The National Company Law Tribunal (NCLT), New Delhi Bench (Court-II), has held that a Deed of Hypothecation containing an obligation on the hypothecator to ensure repayment of the borrower’s dues amounts to a contract of guarantee, 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…
February 28, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has dismissed an appeal filed by Uday J. Desai, ex-director of Frost International Ltd., and upheld the National Company Law Tribunal (NCLT), Mumbai order admitting the company Read more…
January 14, 2026 : The Securities Appellate Tribunal (SAT), Mumbai, has declined to grant interim relief to Embassy Developments Limited against the inclusion of its scrip under the Additional Surveillance Measures (ASM) framework, holding that a stay of insolvency proceedings Read more…