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
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
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
NCLT rejects Authum's plan for Vas Infra over CIRP issueThe NCLT rejected Authum Investment's plan for Vas Infrastructure due to irregularities. The tribunal found misrepresentation of assets and...
31 Jul, 2026, 01.56 AM IST
SC issues notice on Venugopal Dhoot's plea against order upholding separate insolvency for VIL, VOVLThe Supreme Court will hear Venugopal Dhoot's plea against an NCLAT order. This order upheld separate insolvency proceedings for two Videoc...
21 Jul, 2026, 02.01 PM IST
Accounting fraud: Every time, the same queue. The company, the auditor, and shareholders at the endBy the time a “going-concern” paragraph appears in an audit report, the trouble is usually several quarters old. The earlier signals are el...
17 Jul, 2026, 11.32 PM IST
SC grants four weeks to Centre to file response on plea challenging validity of NIA ActThe Supreme Court has requested the Centre to file its response within four weeks. This response is regarding a petition challenging the Na...
14 Jul, 2026, 02.06 PM IST
NCLT grants Hornet founder interim relief in dispute with Artha Venture FundIn an interim order viewed by ET dated June 25, the Kolkata Bench directed that the board resolutions passed on February 2, 2026, which led...
12 Jul, 2026, 07.06 PM IST
NCLAT allows withdrawal of insolvency case against Oswal Overseas after settlement with creditorThe National Company Law Appellate Tribunal allowed Oswal Overseas' appeal withdrawal after a settlement. Oswal Overseas and LH Sugar Facto...
12 Jul, 2026, 11.15 AM IST
NCLT clears Bhutani Infra's Entertainment City stake buy over Unitech objectionsThe National Company Law Tribunal (NCLT) has ordered Entertainment City to register a 4.26% equity transfer to Bhutani Infra's Parmesh Cons...
05 Jul, 2026, 11.32 AM IST
NCLT to admit case only if debt, default established: Insolvency & Bankruptcy (Amendment) ActNew Delhi: Legal experts highlighted that the Insolvency and Bankruptcy (Amendment) Act 2026 mandates 'debt' and 'default' for NCLT case ad...
03 Jul, 2026, 04.20 PM IST
NCLT dismisses Unity Small Finance Bank's insolvency plea against Awas Developers over default dateUnity Small Finance Bank's insolvency plea against Awas Developers was dismissed by the NCLT. The tribunal ruled the bank failed to pinpoin...
03 Jul, 2026, 12.07 AM 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
Byju’s tablets, laptops gather dust in warehouse as insolvency drags onThe delay comes as the June 30 deadline for submitting expressions of interest (EoI) in the broader resolution process has passed. The ware...
01 Jul, 2026, 05.44 PM IST
NCLT rejects insolvency plea against Noida Metro Rail Corporation over pre-existing disputesThe National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes...
12 Jun, 2026, 02.26 PM IST
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...
07 Feb, 2024, 03.45 PM IST
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.
22 Jan, 2018, 04.04 PM IST