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NCLT PERFORMANCE GUARANTEE
NCLAT sets aside NCLT insolvency order against Embassy DevelopmentsEmbassy Developments has won a significant legal battle. The National Company Law Appellate Tribunal has cancelled an earlier order that pl...04 May, 2026, 04.47 PM IST- 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...29 Apr, 2026, 12.40 AM IST
- NCLAT asks IL&FS to not create third-party rights over headquarters propertyThe NCLAT has directed IL&FS not to create any third-party interest over its Mumbai headquarters. This comes after Brookfield's appeal agai...12 Dec, 2025, 10.20 PM IST
- IL&FS could get 25% rise in valuation for its headquarters in BKCIL&FS headquarters in BKC may see a 25% price increase. The NCLT allowed a valuation revision due to Mumbai's real estate growth. Brookfiel...03 Dec, 2025, 12.11 AM IST
- NCLT asks Brookfield to renew performance guarantee for IL&FS HQThe NCLT Mumbai has ordered Brookfield Asset Management to renew its performance guarantee for IL&FS' headquarters within 30 days, preventi...01 Dec, 2025, 09.53 PM IST
- NCLT dismisses Chronos Properties' Rs 1,080 cr bid for IL&FS flagship BKC propertyThe National Company Law Tribunal (NCLT), Mumbai Bench, in its order on November 28, disposed of the application filed by Chronos seeking e...01 Dec, 2025, 08.59 PM IST
- IL&FS seeks to disqualify Brookfield Co from buying its finance centreIL&FS has filed a plea seeking to reverse the sale of its iconic BKC building to Brookfield, alleging non-compliance with bid conditions. T...03 Jul, 2025, 02.16 PM IST
- GVK Energy admitted to NCLT against IDBI’s PleaNCLT initiated insolvency proceedings against GVK Energy following IDBI Bank's application for a Rs 1,106 crore debt, stemming from a corpo...12 May, 2025, 05.47 PM IST
- Lavasa creditors invoke DPIL's guaranteeCreditors invoked a guarantee due to CIRP non-compliance, halting the Lavasa project. Legal battles continue as lenders lose confidence in ...22 Apr, 2024, 12.31 AM IST
- Byju’s US lenders invoke parent company's guarantee in insolvency proceedingsNCLT gives Byju’s three weeks to respond to US lenders’ petition; seeks response to BCCI plea as well28 Feb, 2024, 07.52 PM IST
- NCLAT sets aside order to restart sale of Viceroy HotelsIn June, the Hyderabad bench of the NCLT rejected a lender-approved plan, stating that the performance bank guarantee furnished by the succ...11 Oct, 2023, 12.33 AM IST
- Rajesh Lifespaces' lenders invoke guarantees to recover duesRajesh Business & Leisure Hotels owes lenders, led by ICICI Bank, more than ₹621 crore. In March lenders had unanimously voted for the Rare...29 Aug, 2023, 12.36 PM IST
- NCLAT dismisses Siemens' plea against encashment of its guarantee in Meenakshi EnergyThe appellate tribunal has upheld the earlier order of the Hyderabad bench of the National Company Law Tribunal (NCLT) in this regard and n...25 Sep, 2022, 02.27 PM IST
- NCLT approves Deccan Value Investors' bid for Amtek AutoThe tribunal observed that the resolution plan submitted by DVI fulfils all the requirements of regulations of the corporate insolvency res...11 Jul, 2020, 07.21 PM IST
- Banks move DRT to enforce personal guarantees provided by Dhoots for Videocon loansThe Dhoots had promised to personally repay the banks if their companies defaulted, SBI's application says.28 Nov, 2018, 02.38 PM IST
- 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...26 Jan, 2018, 06.46 AM IST
- Bombay High Court dismisses Reliance Navy plea against IFCIA Delhi-based financier had filed two insolvency petitions against Reliance Naval and Engineering and its subsidiary Reliance Marine and Of...07 Dec, 2017, 08.31 PM IST
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