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NCLT LEGAL RESTRUCTURING
Family Trusts need a rethink: DPDP, PMLA rules collide with informal promoter structuresIndia's family businesses face a complex succession era due to evolving regulations and generational differences. Law firms like Veritas Le...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
SC restores SBI-led lenders' rights in Reliance InfratelThe Supreme Court has reinstated the SBI-led consortium as financial creditors of Reliance Infratel. The consortium is owed ₹3,628 crore. T...
With mounting pendency, infra woes, NCLT struggles as insolvency cases surge beyond capacityThe Insolvency and Bankruptcy Code (IBC) framework faced significant timeline and capacity stress in 2025, with resolution processes exceed...
Speed of doing business for ease of doing business: Streamlining India’s corporate restructuringCorporate restructuring in India is still hampered by NCLT delays, despite reforms aimed at simplifying the process. With over 15,000 cases...
Kanakia Group seeks NLCT nod to demerge real estate armMumbai-based Kanakia Group is planning to demerge its real estate division, Kanakia Spaces Realty Pvt Ltd and Transparent Developers Pvt Lt...
NCLT rejects JM Financial Asset Reconstruction's plea in Arch Pharmalabs case...The National Company Law Tribunal dismissed JM Financial Asset Reconstruction's application to intervene in an insolvency resolution applic...
ZEEL MD & CEO Punit Goenka challenges NCLT's insolvency order before NCLATZee Entertainment Enterprises Limited (ZEEL) MD & CEO Punit Goenka has moved the National Company Law Appellate Tribunal (NCLAT) seeking re...
Bank of India moves NCLT against Future Retail, files insolvency plea"Bank of India (BoI) has served an advance intimation of filing an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 ...
NCLAT rejects Kotak Bank's plea to set aside insolvency proceedings against MSELA two-member NCLAT bench upheld the orders of the Kolkata bench of the National Company Law Tribunal (NCLT), which had on February 11, 2021...
SEFL debt repayment: After banks, regulators to appeal against NCLT orderBanking sources told TOI that the RBI too will file a petition in the coming days as the NCLT had stopped all government or regulatory auth...
Don't let JAL's assets be used for refunding money to home buyers: Banks to SCThe home buyers had moved the apex court stating that around 32,000 people had booked flats and were now paying instalments.
SBI targets recovery of Rs 50,000 crore this fiscalSBI has a total fund-based exposure of Rs 77,626 crore to NCLT list 1 and 2.
Right to equality can be invoked if COC violates IBC: NCLT ChairmanKumar further said in case of any violation of enacted law by CoCs comes into notice in examining the business restructuring plan and propo...
Bhushan Steel promoter seeks recast of Rs 44k-cr debt under S4A schemeThe letter, written on January 29, alleges that the company was wrongly dragged into IBC under the National Company Law Tribunal despite it...
SBI to invoke guarantees despite IBC proceedingsAccording to reports, letters have been issued to all officers in charge of credit that they must immediately invoke the personal and corpo...
NCLT calls for strategic, fin bids for Amtek AutoAmtek Auto chairman Arvind Dham has indicated that the group will bid alongside other Amtek investors.
NCLT admits Essar Steel’s insolvency case, Satish Kumar Gupta appointed as IRPAfter losing a battle at Gujarat High Court, Essar Steel got engaged with legal tussle at NCLT, where SBI and SCB fought to ensure admissio...
India Inc needs stronger bankruptcy legislation for efficient revival processUS laws permit a company to pre-empt insolvency and file for bankruptcy before the situation gets worse.
- No easy cure for industrial sickness
It takes around 12 years to liquidate a company in India against 1-3 years in developed countries.