NCLAT upholds SFIO's power to seek disgorgement of assets in IL&FS-linked caseNCLAT has dismissed appeals by audit firm BSR & Associates LLP and former partner N Sampath Ganesh, upholding SFIO’s authority to pursue as...
25 Aug, 2026, 06.04 PM IST
HC says won't consider non-encashment of Reliance Communications' bank guarantees as defaultThe Delhi High Court will not consider non-encashment of RCom bank guarantees as a default. This ruling applies until the next hearing sche...
25 Aug, 2026, 12.13 AM IST
Oriental Hotels board approves merger with Indian Hotels Company Limited (IHCL)Oriental Hotels Limited's board approved an amalgamation scheme with The Indian Hotels Company Limited. This significant merger requires ap...
24 Aug, 2026, 09.20 AM IST
Govt approves Delhi Master Plan 2047 with focus on redevelopment, affordable housingDelhi Master Plan 2047 is approved for planned real estate development. The plan aims to create forty lakh new affordable housing units. Tr...
22 Aug, 2026, 04.04 PM IST
Supreme Court dismisses Reliance Communications, lenders' petitions against bank guarantee invocationThe Supreme Court dismissed Reliance Communications lenders' challenge to the DoT's bank guarantee invocation. The court stated lenders sho...
21 Aug, 2026, 12.23 AM IST
NCLT admits Pen India's plea against Reliance Entertainment StudiosNCLT Mumbai has admitted Pen India’s insolvency petition against Reliance Entertainment Studios over a ₹11.94 crore default linked to a sec...
20 Aug, 2026, 11.56 PM IST
Stocks in news: Hyundai Motor India, BSE, HEG, Hexaware Tech and Oil IndiaIndian equity markets extended their losing streak to a seventh consecutive session, with the Nifty50 closing lower at 24,078.30. Key corpo...
20 Aug, 2026, 06.00 AM IST
SpiceJet insolvency case: NCLT allows lessor to withdraw plea, imposes fine on both Aviator ML & cash-strapped airlineThe National Company Law Tribunal allowed Aviator ML to withdraw its insolvency plea against SpiceJet. Both parties faced a fine for late s...
19 Aug, 2026, 12.38 PM IST
New-age stocks take off; Swiggy goes IndianHappy Wednesday! India’s new-age companies are gaining ground in public markets as more startups go public. This and more in today’s ETtech...
19 Aug, 2026, 07.25 AM IST
Realtors line up to buy bankrupt developers as land prices riseSmall and mid-sized developers are increasingly using insolvency proceedings to acquire distressed real estate companies as land prices soa...
19 Aug, 2026, 06.40 AM IST
Byju’s resolution professional seeks 90-day extension to resolve insolvencyShailendra Ajmera, the resolution professional from consultancy EY, told the Bengaluru bench of the National Company Law Tribunal on Tuesda...
18 Aug, 2026, 02.12 PM IST
Firm linked to LNJ Bhilwara buys Max Group apartment in Noida for Rs 37 croreA luxury apartment in Noida sold for thirty-seven crore rupees. This transaction highlights growing demand for managed communities and prim...
18 Aug, 2026, 01.11 PM IST
SpiceJet gets more time as NCLT defers lessors’ bankruptcy casesThe NCLT postponed rulings on SpiceJet bankruptcy petitions after a settlement. The tribunal will issue its order on Wednesday, August 19, ...
17 Aug, 2026, 03.35 PM IST
JSW Mahanadi Power settles dispute with Raigarh Champa Rail; NCLAT disposes of appealThe NCLAT disposed of an appeal between JSW Mahanadi Power and RCRIPL. Both companies reached an amicable settlement after a dispute over u...
16 Aug, 2026, 10.34 AM IST
NCLAT upholds insolvency proceedings against Nyka Steel guarantor over UCO Bank duesThe NCLAT upheld an NCLT order initiating insolvency proceedings against a personal guarantor. This decision involved Asif Ahmed Siddique, ...
15 Aug, 2026, 01.20 PM IST
Parliamentary panel backs govt steps to strengthen IBC recovery, seeks deeper action on fund diversionA parliamentary panel has backed govt efforts to improve insolvency recovery, seeking urgent action to prevent fund diversion during insolv...
13 Aug, 2026, 03.27 PM IST
NCLAT junks plea of Log 9 Mobility's executives against order to assist in recovery of EVs leased from GensolThe NCLAT rejected an appeal by Log 9 Mobility's suspended directors. They challenged an NCLT order to help recover leased electric vehicle...
09 Aug, 2026, 11.14 AM IST