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NCLT LITIGATION
Tribunals redefine commercial justice in India: NCLAT chiefThe National Company Law Tribunal and National Company Law Appellate Tribunal have reshaped commercial justice in India. These bodies, esta...- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
- Supreme Court refuses to entertain former NCLAT member's plea to practise before tribunalThe Supreme Court has rejected a plea from a former NCLAT technical member. The plea challenged a rule preventing ex-tribunal members from ...
- Dish TV FY26 loss widens as subscription revenue shrinks amid OTT pressureDish TV India faced a significant financial setback in FY26, reporting a wider consolidated loss. Subscription revenue saw a sharp decline ...
- Delhi Gymkhana seeks alternative land for relocation of club in case takeover proceedsThe Delhi Gymkhana Club committee has appealed to the Centre to maintain the club's operations. They seek clarity on relocation and employe...
- NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...
- Canara Bank invites bids for Rs 509 crore loan of Rajesh ExportsCanara Bank is selling a ₹509.37 crore loan given to Rajesh Exports. The bank is looking for buyers for this distressed debt. This move com...
- Delhi High Court issues notice in textbook delay contempt plea; Govt assures supply before summer breakThe Delhi High Court has issued notice on a contempt petition concerning the delayed supply of textbooks to students in government schools....
- Faster insolvency process proposed with creditor-led resolution frameworkA new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...
- Go First insolvency case: NCLT asks promoters to file reply on liquidation in 3 weeksThe National Company Law Tribunal (NCLT) has directed the suspended board of Go First to respond within three weeks regarding the liquidati...
- NCLT seeks Go First response on CoC decision to liquidate companyThe National Company Law Tribunal has issued a notice to the suspended management of Go First, seeking a response to the Committee of Credi...
- NCLT directs Go First to release four aircraft engines of ELFThe NCLT directed Go First to release four aircraft engines to Engine Lease Finance (ELF) BV, with the resolution professional already init...
- NCLT gives fourth extension of 60 days to Go First to complete insolvencyNCLT grants Go First a 60-day extension for completing the Corporate Insolvency Resolution Process (CIRP), marking the fourth extension ami...
- Future Retail: NCLT extends deadline till September 15 for completing insolvency processThe decision came on an application moved by the company's Resolution Professional before the tribunal's Mumbai bench seeking to exclude a ...
- NCLT proceedings broadcast live on pilot basisAs a pilot, the proceedings of the principal Bench of the NCLT, presided by Justice Sudhakar Ramalingam and Member Avinash Srivastava, were...
- Only 15% of the cases resolved under bankruptcy laws: ReportOf the 2,542 cases admitted under IBC till date, 1,497 CIRPs or 59% of cases are still in court.
- Time taken at tribunals in insolvency cases to be excluded from statutory 270 days: SCThe top court also stressed the need of "time-bound" disposal of insolvency process saying it would not only support the development of "cr...
- 3,507 corporate cases stuck in courts: Arun JaitleyThere are as many as 3,507 pending corporate litigations in the country, of which nearly 1,400 remain undecided for more than 10 years, Par...
- Constitution of NCLT taken up in 'expeditious' manner: MCANCLT would replace the Company Law Board. Appeals against the orders of NCLT would be heard by the National Company Law Appellate Tribunal.
- Government keeps NCLT formation in 'abeyance' due to legal challengeThe government said that the formation of the National Company Law Tribunal has been kept in "abeyance" on account of a legal challenge in ...
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