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BANKRUPTCY LAW
Insolvency appeals are time-bound, no leeway beyond 45 days: NCLATThe NCLAT stressed insolvency proceedings are time-bound and appeals must be filed promptly. An appeal against a revival order was rejected...15 Sep, 2026, 09.42 PM IST- ED chief orders action against IBC frauds, large haircuts to promotersThe ED director has ordered increased action on IBC fraud cases. He also directed steps for police FIR delays in certain states. Investigat...15 Sep, 2026, 08.49 PM IST
- NCLT rejects Jet Airways' liquidator plea seeking Rs 500 crore from BoeingThe National Company Law Tribunal dismissed Jet Airways' plea for a refund from Boeing. The tribunal cited a contractual dispute over advan...14 Sep, 2026, 08.19 PM IST
- Suraksha Group says Jaypee flats to be delivered by March 2028Suraksha Group is set to complete twenty thousand homes from Jaypee Infratech by March twenty twenty-eight. Despite numerous towers built, ...14 Sep, 2026, 05.37 PM IST
- GFF 2026: NITI Aayog's Rajiv Gauba calls for deregulation as defining feature of India's next-generation reformsNITI Aayog member Rajiv Gauba called for simpler rules and hassle-free processes. He emphasised deregulation and doing away with license ap...11 Sep, 2026, 12.30 AM IST
- India Inc’s Promoter Raj has run its course. Time to rewrite the succession scriptCorporate India faces numerous high-profile CEO departures, testing established succession plans. The traditional promoter system, a coloni...10 Sep, 2026, 11.57 PM IST
- NCLT approves Shree Naman's Rs 1,800 cr bid for Gstaad, Neo HotelsThe bankruptcy court in Mumbai has greenlit Shree Naman Developers' ambitious acquisition valued at ₹1,800 crore for two hotel establishmen...07 Sep, 2026, 12.23 AM IST
- CBI books Essel Group chairman Subhash Chandra, others over alleged ₹1,322 crore LICHFL loan lossSubhash Chandra, along with eight others, is under scrutiny as the CBI has registered an FIR accusing them of inflating their net worth to ...05 Sep, 2026, 11.31 PM IST
- Subhash Chandra case: CBI lodges FIR against Essel Group chairman, others in Rs 1,322 cr fraudThe CBI registered an FIR against Essel Group chairman Subhash Chandra for alleged fraud. This action follows his opposition to a tribunal ...05 Sep, 2026, 02.52 PM IST
- Volkswagen to cut 100,000 jobs by end of decade in biggest restructuring in global auto industryVolkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. ...04 Sep, 2026, 06.38 AM IST
- Subhash Chandra opposes NCLT’s five-member bench in personal insolvency caseDuring a recent hearing on a repayment plan challenge, Subhash Chandra, chairman of Essel Group, contested the constitution of the NCLT ben...02 Sep, 2026, 11.32 PM IST
- Supertech projects: Homebuyers raise concerns over delay despite NBCC takeoverHomebuyers of stalled Supertech projects are concerned about construction delays. NBCC took over these projects nearly two years ago, but p...02 Sep, 2026, 07.05 PM IST
- Breather for creditors: New NCLT bench stays the approval of a repayment plan proposed by Subhash ChandraA special five-member NCLT bench stayed Subhash Chandra's repayment plan approval. The tribunal also restrained the Essel Group founder fro...02 Sep, 2026, 05.30 AM IST
- NCLT puts Subhash Chandra repayment plan on hold, bars him from alienating propertiesA special NCLT bench issued notices and banned property alienation in Subhash Chandra's insolvency case. The tribunal noted no majority vie...01 Sep, 2026, 02.00 PM IST
- Subhash Chandra Rs 22,000 cr case: NCLT fails to get majority view on insolvency plan with 99.7 percent haircutSubhash Chandra's insolvency case: A tribunal bench referred the case for fresh adjudication. Lenders opposed a proposed repayment plan off...31 Aug, 2026, 10.44 PM IST
- Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT orderDissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan pro...31 Aug, 2026, 07.42 PM IST
- Sintex Industries: NCLAT upholds clean slate principle, rejects shareholder's plea for compensationIn a critical ruling, the National Company Law Appellate Tribunal (NCLAT) upheld the clean slate principle enshrined in the Insolvency and ...30 Aug, 2026, 12.52 PM IST
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