NCLAT allows Lyka Labs appeal; asks Modi Lifecare to pay Rs 63 lakh or face insolvency proceedingsThe NCLAT has ruled in favor of Lyka Labs. It overturned a previous NCLT decision. Modi Lifecare Industries must now pay Rs 63 lakh within ...
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 ...
NCLAT ends insolvency proceedings against realty firm Embassy DevelopmentThe Delhi bench of the National Company Law Tribunal (NCLT), in December 2025, directed the initiation of insolvency proceedings against th...
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....
Our objective is to give houses to 22,000 homebuyers of ailing Unitech: SCThe Supreme Court is pushing for a resolution for 22,000 Unitech homebuyers. The court wants suggestions from the new board, banks, and fin...
TVS Supply settles dispute with ZTE, withdraws insolvency plea in NCLATTVS Supply Chain Solutions has settled its debt dispute with ZTE Telecom India. The company withdrew its appeal against an order that rejec...
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...
NCLT orders insolvency proceedings against Venugopal Dhoot as personal guarantorInsolvency proceedings have begun against Venugopal Dhoot, former chairman of Videocon. The National Company Law Tribunal directed this act...
NCLAT directs lower tribunal to hear Belgotex insolvency plea afreshThe National Company Law Appellate Tribunal has stepped in to challenge a lower court's ruling regarding Belgotex India, a key player in th...
Two more insolvency pleas against SpiceJet, NCLT issues notice over Sabarmati Aviation pleaTwo more insolvency petitions were filed against SpiceJet at the National Company Law Tribunal (NCLT) on Monday by Sabarmati Aviation and J...
NCLT issues notice to Byju’s in insolvency case filed by a BPO service providerTeleperformance alleges that Byju has defaulted on payment of Rs 4.82 crore, excluding Rs 21 lakh interest to the company in lieu of busine...
NCLAT sets aside insolvency proceedings against Zee Learn, directs NCLT to decide afreshUnder Section 7 of the Insolvency and Bankruptcy Code (IBC), a financial creditor can get insolvency proceedings initiated against the corp...
NCLT denies it issued a circular that only urgent matters would be heard due to shortage of staffThe acute shortage of members at NCLT prompted legal experts to believe that the tribunal may have issued such a notice.
NCLT notice to Madhya Pradesh discom over dues to Tata Power Renewable Energy LtdSources said Tata Power’s renewable arm had sent notices two months ago to the Madhya Pradesh distribution utility seeking release of dues ...
McDonald's plea against NCLT show cause premature, observes High CourtThe bench was of the opinion that the tribunal was only contemplating initiation of contempt proceedings and there has been no determinatio...
NCLT seeks McDonald's reply to notice on contempt pleaA two-member bench of the NCLT headed by its President Justice M M kumar listed the matter for hearing on February 7, 2018.
McD’s Vs Bakshi: NCLT adjourns hearing of pleaMIPL, a subsidiary of McDonald’s had filed a writ petition before the High Court questioning the validity of the contempt notice issued by ...