Accounting fraud: Every time, the same queue. The company, the auditor, and shareholders at the endBy the time a “going-concern” paragraph appears in an audit report, the trouble is usually several quarters old. The earlier signals are el...
17 Jul, 2026, 11.32 PM IST
NCLAT allows withdrawal of insolvency case against Oswal Overseas after settlement with creditorThe National Company Law Appellate Tribunal allowed Oswal Overseas' appeal withdrawal after a settlement. Oswal Overseas and LH Sugar Facto...
12 Jul, 2026, 11.15 AM IST
Nuvoco Vistas starts Limla Cement Plant, strengthens footprint in Western IndiaNuvoco Vistas inaugurated a two million tonnes per annum cement grinding capacity. This new facility is located at their Limla cement plant...
11 Jul, 2026, 07.02 PM IST
Ola Electric shares drop 9% in 3 days. What's spooking investors?Ola Electric Mobility shares fell over 2%, extending their three-day decline to 9%, after media reports said two vendors had filed fresh in...
07 Jul, 2026, 01.08 PM IST
NCLT to admit case only if debt, default established: Insolvency & Bankruptcy (Amendment) ActNew Delhi: Legal experts highlighted that the Insolvency and Bankruptcy (Amendment) Act 2026 mandates 'debt' and 'default' for NCLT case ad...
03 Jul, 2026, 04.20 PM IST
NCLT dismisses Unity Small Finance Bank's insolvency plea against Awas Developers over default dateUnity Small Finance Bank's insolvency plea against Awas Developers was dismissed by the NCLT. The tribunal ruled the bank failed to pinpoin...
03 Jul, 2026, 12.07 AM IST
NCLAT revives insolvency proceedings against Chintamani's Jewellery Arcade on Axis Bank pleaInsolvency proceedings against Chintamani's Jewellery Arcade have been revived by the NCLAT after Axis Bank filed a restoration application...
02 Jul, 2026, 09.52 PM IST
NCLAT upholds ED's PMLA powers over insolvency moratoriumThe National Company Law Appellate Tribunal has ruled that companies in insolvency proceedings cannot shield assets suspected of being proc...
02 Jul, 2026, 01.16 AM IST
Byju’s tablets, laptops gather dust in warehouse as insolvency drags onThe delay comes as the June 30 deadline for submitting expressions of interest (EoI) in the broader resolution process has passed. The ware...
01 Jul, 2026, 05.44 PM IST
NCLT approves Mantra Properties’ resolution plan for stalled project in WorliThe NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...
25 Jun, 2026, 07.17 PM IST
SREI Finance withdraws plea against Nirmal Lifestyle Mulund’s revival plan at appellate tribunalA key creditor has withdrawn its appeal against Nirmal Lifestyle's resolution plan after the buyer, Mantra Properties, clarified a disputed...
23 Jun, 2026, 02.01 PM IST
JAL shares delist from BSE and NSE today: Will its 6.5 lakh shareholders get anything?Jaiprakash Associates shares were delisted from the BSE and NSE on Thursday, marking the closure of one of India's longest-running insolven...
18 Jun, 2026, 12.21 PM IST
JAL shares to delist from BSE and NSE on Thursday. What happens to its 6 lakh shareholders?Jaiprakash Associates is set to be delisted from the BSE and NSE from June 18 following the completion of insolvency proceedings and Adani ...
15 Jun, 2026, 02.43 PM IST
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
12 Jun, 2026, 06.46 PM IST
NCLT rejects insolvency plea against Noida Metro Rail Corporation over pre-existing disputesThe National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes...
12 Jun, 2026, 02.26 PM IST
NCLAT quashes Ligare Aviation's insolvency; loan from Religare Enterprises round-tripping of moneyThe National Company Law Appellate Tribunal has cancelled insolvency proceedings against Ligare Aviation. The tribunal found the National C...
07 Jun, 2026, 12.06 PM IST
Insolvency recoveries nearly halve in FY26 due to rising delays: ReportRecoveries under India's Insolvency and Bankruptcy Code (IBC) saw a sharp decline in FY 2025-26. Admitted claims yielded only 23 percent, a...
28 May, 2026, 09.10 PM IST