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NCLAT LIGARE AVIATION INSOLVENCY
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...02 Jul, 2026, 11.25 PM 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
- Assam pushes aviation expansion as CM seeks faster approval for Silchar Greenfield AirportAssam is set to become a major aviation hub with plans to fast-track six new greenfield airports and a heliport. Chief Minister Himanta Bis...02 Jul, 2026, 09.03 PM IST
- 'Methyl Isocyanate of law': SC slams AI 'hallucinations', quashes NCLT verdictThe Supreme Court has declared zero tolerance for AI-generated fake or hallucinated judgments used as legal precedents. Setting aside an NC...02 Jul, 2026, 04.15 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
- NCLAT revives IL&FS plea in Rs 1,080 crore circuitous transactions, sets aside NCLT orderThe National Company Law Appellate Tribunal (NCLAT) has revived IL&FS's plea concerning Rs 1,080 crore in alleged circuitous lending transa...01 Jul, 2026, 11.01 PM IST
- BPCL agrees to buy Videocon Energy’s stake in BPRL Ventures JVState-owned Bharat Petroleum Corporation Ltd (BPCL) is set to gain full control of its Brazil-based oil and gas joint venture. Through its ...01 Jul, 2026, 07.05 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
- PRISM’s IPO filing mentions Zostel case, CCI investigationIn its UDRHP-I filing to Sebi, the company any 'adverse' outcome in legal proceedings involving Zostel may materially and adversely affect ...30 Jun, 2026, 07.44 AM IST
- 'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...30 Jun, 2026, 12.30 AM IST
- Trainer aircraft crash-lands in UP; trainee lady pilot reported to be safe: DGCAA Chetak Aviation Cessna 152 trainer aircraft crash-landed in a Kasganj, Uttar Pradesh field on Monday. The trainee pilot, who was flying s...29 Jun, 2026, 06.47 PM IST
- NCLT posts Byjus-Aakash hearing for July 16 as parties seek time for settlementAakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement t...23 Jun, 2026, 04.17 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
- Vikram Solar shares fall 3% after NCLT admits insolvency petition against the company. Here's whyVikram Solar shares declined after the NCLT admitted an insolvency petition filed by Isitva Steels over alleged dues linked to civil works ...22 Jun, 2026, 11.38 AM IST
- Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearingSettlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aa...22 Jun, 2026, 06.00 AM 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
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