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CIRP INITIATION NCLT
NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...17 May, 2026, 02.51 PM IST- NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...14 May, 2026, 02.12 PM IST
- This smallcap real estate stock rallied 51% in 3 days. What’s behind the surge?Embassy Developments shares surged 51% in three days after the NCLAT overturned an earlier order admitting the company into insolvency proc...07 May, 2026, 12.09 PM IST
- NCLAT sets aside NCLT insolvency order against Embassy DevelopmentsEmbassy Developments has won a significant legal battle. The National Company Law Appellate Tribunal has cancelled an earlier order that pl...04 May, 2026, 04.47 PM IST
- Insolvency law not a recovery mechanism, Supreme Court reiterates in key IBC rulingIn a landmark decision, the Supreme Court has clarified that insolvency law is not intended for the mere pursuit of debt recovery. It highl...23 Apr, 2026, 11.37 PM IST
- Faster insolvency process proposed with creditor-led resolution frameworkA new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...17 Apr, 2026, 05.30 AM IST
- NCLAT upholds project-specific insolvency action for realty firmsHomebuyers' insolvency cases against real estate firms will now be limited to the specific project facing default. The National Company Law...13 Apr, 2026, 12.33 AM IST
- NCLAT reaffirms project-specific insolvency proceedings against realty firmsThe National Company Law Appellate Tribunal has ruled that homebuyers' insolvency cases against real estate firms must focus only on the pr...12 Apr, 2026, 11.36 AM IST
- Insolvency process against Raheja Shilas project in Gurugram to continue, says NCLATThe National Company Law Appellate Tribunal has rejected Raheja Developers' request to end insolvency proceedings for its Raheja Shilas pro...03 Apr, 2026, 04.15 PM IST
- DMRC not bound to revive terminated agreement for parking: NCLATThe National Company Law Appellate Tribunal (NCLAT) has delivered a decisive ruling that benefits the Delhi Metro Rail Corporation (DMRC), ...02 Apr, 2026, 03.11 PM IST
- NCLAT reverses insolvency proceedings against Vatika LtdThe National Company Law Appellate Tribunal has overturned a lower court's decision to start insolvency proceedings against real estate fir...30 Mar, 2026, 10.26 PM IST
- Dream11 gets relief from insolvency resolution processNCLAT freed Sporta Technologies from CIRP after rejecting Reward Solutions' petition linked to a ₹7.61 crore default, aligned with Section ...19 Apr, 2024, 12.47 AM IST
- Future Retail: NCLT extends deadline till September 15 for completing insolvency processThe decision came on an application moved by the company's Resolution Professional before the tribunal's Mumbai bench seeking to exclude a ...12 Sep, 2023, 11.52 PM IST
- Future Retail resolution professional moves NCLT against Kishore Biyani and family alleging fraudulent transactionThis application "has been filed pursuant to the findings in the report received from Nangia & Co. LLP, which was appointed as 'Transaction...17 Aug, 2023, 11.04 PM IST
- Future Retail resolution professional moves NCLT to seek extension of insolvency deadline till Sept 15The resolution professional of debt-ridden Future Retail Ltd has approached the National Company Law Tribunal, seeking a further extension ...16 Aug, 2023, 08.51 PM IST
- NCLT extends deadline for completion of Insolvency of Future Retail to Aug 17The National Company Law Tribunal (NCLT) has extended the deadline for completion of insolvency proceedings of debt-ridden Future Retail Lt...20 Jul, 2023, 01.21 PM IST
- NCLT approves 180 resolution plans in FY23, totalling Rs 51,424 croreWhile, in terms of realisation of the amount for creditors, this is the second highest after FY19, when the total realisation was Rs 1.11 l...04 Jun, 2023, 12.55 PM IST
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