NCLAT dismisses BSE pleas challenging NCLT’s power to defreeze demat accounts in insolvency casesNCLAT dismissed BSE’s appeals against NCLT orders to defreeze demat accounts of insolvent firms, ruling that NCLT has jurisdiction under th...
29 Mar, 2026, 02.12 PM IST
Banks face seven-year backlog in debt recovery casesBanks struggled with a backlog in debt recovery, expected to take seven years to clear at the current pace. Over 2 lakh cases pending at De...
29 Jul, 2024, 03.09 PM IST
Budget 2024: More debt recovery tribunals on the tableBudget proposals target insolvency and debt recovery improvement, enhancing Debt Recovery Tribunals and adding platforms. Sitharaman report...
23 Jul, 2024, 11.44 PM IST
Budget 2024: Finance Minister proposes to strengthen Insolvency FrameworkTalking about the success of the National Company Law Tribunals (NCLTs) under the Insolvency and Bankruptcy Code (IBC), Finance Minister Ni...
23 Jul, 2024, 12.02 PM IST
Creditors' haircuts in bankruptcy cases jump to 73 pc in FY24, resolutions taking longer: ReportCreditors' haircuts in bankruptcy resolutions rose to 73% in FY24 from 64% in FY23. 269 resolution plans were approved by NCLTs, with a dec...
17 May, 2024, 05.27 PM IST
Mediation to lower burden for NCLTs & speed up resolutions, say lawyersLawyers believe mediation will reduce burden on NCLTs, resolve disputes between operational creditors and defaulting companies faster, espe...
23 Feb, 2024, 12.15 AM IST
Surge in personal guarantor cases under IBC in FY23In the first three quarters of the ongoing fiscal 2023, National Company Law Tribunals (NCLTs) have admitted 117 such cases against persona...
22 Feb, 2023, 11.30 PM IST
Centre looking at decriminalising some IBC offencesIn a discussion paper floated last week, the ministry of corporate affairs proposed to empower National Company Law Tribunals (NCLTs) and D...
24 Jan, 2023, 06.47 AM IST
Triton EV approaches Supreme Court to be able to bid for AMW subsidiaryOn September 1, 2020, the Ahmedabad bench of the National Company Law Tribunal (NCLT) admitted the company under the Corporate Insolvency R...
01 Sep, 2022, 11.57 PM IST
Rs two lakh crore 'avoidance transaction' claims pending with NCLTsUnder the code, resolution professionals have powers to reverse any transaction entered by the debtor company before the IBC is invoked if ...
05 May, 2022, 12.42 AM IST
Tribunals may see surge in insolvency cases, say expertsTo protect firms from being dragged to insolvency court over defaults on account of the pandemic, the Centre had, in March last year, suspe...
26 Mar, 2021, 07.44 AM IST
Insolvency and Bankruptcy Code resolution timeline averages 440 daysAn Alvarez & Marsal India report on Thursday called upon all IBC stakeholders to focus on improving efficiency to resolve cases in a time-b...
28 Jan, 2021, 09.44 PM IST
NCLAT to have a Chennai benchAs per the Centre's notification on Friday, the NCLAT, Chennai will hear appeals from the National Company Law Tribunals (NCLTs) having jur...
14 Mar, 2020, 11.02 PM IST
How Ahmedabad & Mumbai NCLTs set to clear cases fasterThese two are the busiest as well as the ones hearing the most high profile cases in the country.
31 Jan, 2019, 10.20 PM IST
Distressed asset sales 3% of overall M&A in 2017: ReportThe report said many companies in manufacturing, textiles, consumer and metals are over leveraged and can end up at national company law tr...
29 Oct, 2018, 08.00 PM IST
No provision of summer break for NCLT, NCLAT: GovernmentThe ministry of corporate affairs has sent separate letters to the two adjudicating bodies after NCLAT announced a vacation break from June...
12 Jun, 2018, 07.23 AM IST
NCLT weeds out frivolous casesCases from trade creditors before the National Company Law Tribunals (NCLT) are now on the wane.
14 Aug, 2017, 09.13 AM IST