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THE NATIONAL COMPANY LAW TRIBUNAL
Bhutani Group gets NCLT approval to take over Noida's Entertainment CityNCLT has cleared the Bhutani Group's acquisition of Entertainment City, which includes The Great India Place and Worlds of Wonder. The grou...- 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...
- Rs 17 lakh income tax refund claim was denied as taxpayer did not e-verify ITR since he was busy taking care of late father; ITAT Delhi allows refund for this reasonA Delhi landlord, busy caring for his ailing father, missed the deadline to e-verify his income tax return, leading to a denied Rs 17 lakh ...
- 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...
- 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...
- Unchecked AI use in courts could be 'catastrophic': SCThe Supreme Court has issued a stern warning regarding the unchecked use of artificial intelligence in legal proceedings, deeming it potent...
- NCLAT revives insolvency proceedings against Chintamani's Jewellery Arcade on Axis Bank pleaInsolvency proceedings against Chintamani's Jewellery Arcade have been revived by the NCLAT after Axis Bank filed a restoration application...
- Aster DM Quality Care begins operations after Aster DM Healthcare, Blackstone's Quality Care mergeAster DM Quality Care has officially launched following the merger of Aster DM Healthcare and Blackstone-backed Quality Care India. This in...
- '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...
- NCLAT upholds ED's PMLA powers over insolvency moratoriumThe National Company Law Appellate Tribunal has ruled that companies in insolvency proceedings cannot shield assets suspected of being proc...
- NCLAT revives IL&FS plea in Rs 1,080 crore circuitous transactions, sets aside NCLT orderThe National Company Law Appellate Tribunal (NCLAT) has revived IL&FS's plea concerning Rs 1,080 crore in alleged circuitous lending transa...
- BPCL agrees to buy Videocon Energy’s stake in BPRL Ventures JVState-owned Bharat Petroleum Corporation Ltd (BPCL) is set to gain full control of its Brazil-based oil and gas joint venture. Through its ...
- NCLAT upholds full PF, gratuity payments for Jet Airways employeesIn a landmark decision, the NCLAT has ruled that former Jet Airways employees are entitled to their full provident fund and gratuity dues, ...
- PRISM’s IPO filing mentions Zostel case, CCI investigationIn its UDRHP-I filing to Sebi, the company any 'adverse' outcome in legal proceedings involving Zostel may materially and adversely affect ...
- 'Creditors can't seek claims beyond okayed resolution plan'Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM F...
- Astral shares drop 6% after demerger. What should investors do?Astral shares fell nearly 6% on Monday after the company’s board approved the demerger of its chemicals business into a newly incorporated ...
- PFC, REC boards approve merger scheme, share exchange ratio at 88 PFC shares for every 100 REC sharesPower Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh cror...
- Jindal Poly Films row reaches SC again as minority investors seek revival of class action suitMinority shareholders of Jindal Poly Films have approached the Supreme Court, seeking to revive India's first corporate class action suit. ...
- NCLT posts Byjus-Aakash hearing for July 16 as parties seek time for settlementAakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement t...
- SREI Finance withdraws plea against Nirmal Lifestyle Mulund’s revival plan at appellate tribunalA key creditor has withdrawn its appeal against Nirmal Lifestyle's resolution plan after the buyer, Mantra Properties, clarified a disputed...
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