June 19, 2026 : In a significant ruling under the Insolvency and Bankruptcy Code, 2016 (IBC), the National Company Law Tribunal (NCLT), Jaipur Bench, has held that a Resolution Professional (RP) appointed in insolvency proceedings against a personal guarantor cannot Read more…
May 12, 2026 : The National Company Law Appellate Tribunal (NCLAT) has upheld insolvency proceedings against personal guarantors Amit Bhatnagar and Sumit Bhatnagar in connection with the debts of Diamond Power Transformers Ltd. (DPTL), ruling that approval of a resolution Read more…
April 8, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted a personal insolvency application filed by State Bank of India (SBI) against Venugopal Nandlal Dhoot, promoter of the Videocon Group, in his capacity as a personal 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…
NCLAT, January 7, 2026 : The National Company Law Appellate Tribunal has clarified that a demand notice issued under Section 13(2) of the SARFAESI Act does not lose its legal effect merely because a personal guarantor is described as a Read more…