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NCLT admits L&T Finance plea against Tikona Infinet over unpaid duesThe Mumbai bench of the NCLT has admitted L&T Finance's insolvency plea against Tikona Infinet over a ₹116.01 crore default on coupon payme...12 May, 2025, 12.24 AM IST- Bankruptcy court allows 90 days extension to revive Lavasa CorporationA bankruptcy court in Mumbai has granted a 90-day extension for Lavasa Corporation's revival process. The company is undergoing a fresh ins...05 Mar, 2025, 03.27 PM IST
- Bankruptcy court allows exclusion of time in Gitanjali Gems liquidation due to PMLA proceedingsThe Mumbai bankruptcy court has allowed the liquidator of Gitanjali Gems, impacted by ongoing PMLA investigations, to exclude 260 days from...21 Feb, 2025, 02.53 PM IST
- Bankruptcy Court admits Oban Fashions under insolvency resolutionOban Fashions Pvt Ltd, a subsidiary of Rupa & Co Ltd, has been admitted under the Corporate Insolvency Resolution Process by the Mumbai ban...09 Jan, 2025, 04.46 PM IST
- NCLT junks plea against Shapoorji PallonjiThe bankruptcy court in Mumbai has dismissed an insolvency plea by KBC Infrastructure against Shapoorji Pallonji & Co. The National Company...24 Oct, 2024, 11.52 PM IST
- NCLT rejects REC plea against global metal over default dateThe National Company Law Tribunal (NCLT) rejected REC Ltd's application against Global Metal & Energy Pvt Ltd. The tribunal ruled that the ...20 Oct, 2024, 11.36 PM IST
- Bankruptcy court admits insolvency resolution plea against four Future Group affiliatesThe bankruptcy court has admitted four Future Group companies, including Future Corporate Resources and Central Departmental Stores, under ...26 Sep, 2024, 11.39 PM IST
- NCLT approves Indian Steel & Wire Products’ merger with Tata SteelThe National Company Law Tribunal in Mumbai has approved the merger of Tata Group's Indian Steel & Wire Products Ltd with Tata Steel Ltd. T...07 Aug, 2024, 09.49 PM IST
- Essel Group company Shirpur Gold admitted for insolvencyTo secure a ₹65-crore loan, SGRL had given an undertaking to Industrial Finance Corporation of India (IFCI) that it would maintain its own ...26 Jun, 2024, 12.54 AM IST
- Bankruptcy court admits Punjab National Bank’s insolvency resolution plea against ArshiyaPunjab National Bank's CIRP plea against Arshiya Ltd has been approved by Mumbai NCLT, with Nitin Vishwanath Panchal being appointed as RP....24 Apr, 2024, 10.40 AM IST
- NCLT admits NCR Rail Infrastructure for insolvency resolutionThe National Company Law Tribunal in Mumbai has admitted an insolvency resolution application against NCR Rail Infrastructure due to a defa...07 Mar, 2024, 10.12 PM IST
- Cheaper, faster and easier insolvency resolution process on cards for MSMEs: IBBIThe board envisaged a shorter time limit than the current 180 days for an MSME insolvency resolution process, along with cost-effective and...21 Jul, 2020, 09.00 AM IST
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