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CORPORATE INSOLVENCY RESOLUTION
NCLT declares Videocon promoter Venugopal Dhoot bankrupt on SBI plea; appoints bankruptcy trusteeThe National Company Law Tribunal (NCLT), Mumbai Bench, has declared former Videocon Industries promoter and director Venugopal Nandlal Dho...
Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and NalcoIndian equity markets have enjoyed a remarkable stretch, registering gains for five consecutive sessions. The Nifty 50 index showed impress...
A Rs. 48 crore profit on paper, a Rs. 231 crore loss in reality: How a debt ‘turnaround’ can be an accounting illusionA company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...
NCLT voids Rs 525-cr guarantee, Mumbai land transfer in JLS Realty disputeThe NCLT has invalidated multiple transactions involving JLS Realty Pvt Ltd, including its transfer of redevelopment land. The tribunal fou...
IBBI tightens real estate insolvency rules to prioritise home deliveryIndia's insolvency regulator has implemented new rules to prioritize project completion and better homebuyer oversight. Independent assessm...
NCLAT sets aside insolvency proceedings against Polycab over Rs 2.78 crore duesNCLAT overturned the insolvency proceedings against Polycab India Limited, which originated from a claim by Asier Metals. The tribunal foun...
NCLT, NCLAT 'hijacked' by corporate affairs ministry: Supreme CourtThe Supreme Court expressed discontent with the Ministry of Corporate Affairs regarding appointments in the National Company Law Tribunals....
Committee of Creditors cannot withdraw resolution plan nod: Supreme CourtA bench of Justices JB Pardiwala and K Vinod Chandran, while disposing of the appeal filed by Bank of India and other CoC members, includin...
Law firms make a strong case for hiring top litigation partnersDemand spans experience in commercial and corporate disputes, including regulatory matters, insolvency, white-collar crime, investigations,...
Don’t bank on RBI alone: The investor protection gap in India’s banking systemRBI imposes strict regulations on banks to ensure transparency for depositors and investors. However, listed banks often fail to provide ti...
Supreme Court upholds Shree Naman Developers' acquisition of Bengaluru, Pune hotel under NCLT proceedingsThe Supreme Court has upheld insolvency proceedings against Gstaad Hotels and Neo Capricorn Plaza. This decision arises while clarifying th...
Hindusthan National Glass & Industries to invest ₹300-₹500 crore to boost its manufacturing capacity and expansion effortsHindusthan National Glass & Industries Ltd plans to invest between ₹300 and ₹500 crore to enhance manufacturing capacity. This investment a...
India reaffirms commitment to inclusive, development-oriented global trade laws at 81st UNGA sessionAt the 81st session of the UNGA, India demonstrated its commitment to fostering trade through development-focused legal frameworks.
Experts hail SC ruling on creditor’s claim in insolvency-linked dispute between two Bengaluru firmsThe Supreme Court has ruled that a creditor whose claim was largely extinguished under an insolvency resolution plan can still use it as a ...
Polycab India shares fall 6% in two sessions. What’s triggering the selloff?Polycab India shares dropped 6% in two sessions after NSE announced its exclusion from the equity derivatives segment effective December 30...
Polycab shares tumble 5% as stock set to exit F&O segment from December 30 onwards. Here's whyPolycab India shares dropped over 5% after the NSE announced its exclusion from the F&O segment from December 30. The move follows insolven...
Polycab India’s F&O exit: NSE sets December 30 deadline; NCLAT stays insolvency orderNSE will remove Polycab India from the equity derivatives segment from December 30, 2026, with existing contracts available until expiry. S...
Viceroy Hotels shares rise 2% as Zerodha founders Nithin, Nikhil Kamath pick 6.72% stakeViceroy Hotels shares witnessed an uptick on Tuesday after Zerodha founders Nithin and Nikhil Kamath acquired a 6.72% stake in the company ...
Zerodha founders Nithin, Nikhil Kamath pick up 6.72% stake in Viceroy HotelsZerodha founders Nithin and Nikhil Kamath have acquired a 6.72% stake in Viceroy Hotels through Kamath Associates and Nksquared. The invest...
NCLT admits insolvency plea by Kotak Mahindra Bank against Unity RealtyKotak Mahindra Bank's insolvency petition against Unity Realty and Developers has been admitted by the NCLT. The petition was filed due to ...