Gratuity, leave encashment not part of CIRP cost: NCLATThe NCLAT dismissed an appeal regarding priority payment of gratuity dues. It upheld an earlier NCLT order concerning Duncans Industries' f...
21 Jul, 2026, 01.16 AM IST
Pending civil suits, arbitral claims stand abated after resolution plan approved under IBC: Supreme CourtThe Supreme Court has ruled that once a resolution plan is approved, any pending civil suits and arbitration proceedings are effectively ha...
17 Jul, 2026, 09.30 PM IST
Byju’s creditors clear Aakash settlement proposalThink & Learn's creditors have approved a settlement for the Aakash Educational Services shareholding dispute. This development brings Byju...
16 Jul, 2026, 06.17 PM IST
The Jaypee clue: Adani may be quietly building its next money-spinnerAdani Group is exploring management deals with Accor and ITC Hotels for acquired properties. This move signals a broader hospitality ambiti...
16 Jul, 2026, 02.26 PM IST
SHH promoters deposit ₹200 crore to settle ₹648 crore duesSupreme Housing promoters deposited ₹200 crore for a ₹518 crore debt settlement. Canara Bank expects about ₹475 crore from this one-time se...
16 Jul, 2026, 01.09 AM IST
Supreme Court adjourns suo motu case on NCLT vacancies, infrastructure; says appointments process underwayThe Supreme Court has postponed a hearing on NCLT member appointments and infrastructure. The court noted that the appointment process for ...
14 Jul, 2026, 12.49 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
Bombay HC offers John Cockerill Hamon interim relief in trademark disputeThe Bombay High Court has temporarily restrained Hamon Cooling Systems from using the 'Hamon' trademark. John Cockerill Hamon SA establishe...
10 Jul, 2026, 12.37 AM IST
Deadline for filing forms relating to personal guarantors to insolvent firms extended up to Sept 30Insolvency professionals have received a three-month extension to file forms electronically. This extension applies to monitoring resolutio...
09 Jul, 2026, 09.52 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
Bank of Baroda to pay $600 million to settle NMC Health insolvency claimsBank of Baroda has agreed to a $600 million settlement with administrators of the insolvent NMC Health Plc. The bank faced allegations of g...
03 Jul, 2026, 09.01 AM 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 full PF, gratuity payments for Jet Airways employeesIn a landmark decision, the NCLAT has ruled that former Jet Airways employees are entitled to their full provident fund and gratuity dues, ...
01 Jul, 2026, 05.55 PM IST
IBBI seeks to streamline real estate insolvency regulations with focus on homebuyersIndia's bankruptcy watchdog is proposing significant reforms to expedite real estate insolvency. Key changes include excluding completed or...
30 Jun, 2026, 11.41 PM IST