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BANKRUPTCY TRIBUNALS
NCLAT sets aside insolvency proceedings against Polycab over Rs 2.78 crore duesNCLAT overturned the insolvency proceedings against Polycab India Limited, which originated from a claim by Asier Metals. The tribunal foun...- NCLT, NCLAT 'hijacked' by corporate affairs ministry: Supreme CourtThe Supreme Court expressed discontent with the Ministry of Corporate Affairs regarding appointments in the National Company Law Tribunals....
- SC directs NCLAT, NCLT presidents to submit proposals on infrastructure, staff requirementsThe Supreme Court instructed the presidents of the National Company Law Appellate Tribunal and National Company Law Tribunal to submit prop...
- Supreme Court upholds Shree Naman Developers' acquisition of Bengaluru, Pune hotel under NCLT proceedingsThe Supreme Court has upheld insolvency proceedings against Gstaad Hotels and Neo Capricorn Plaza. This decision arises while clarifying th...
- NCLAT revives Walchandnagar Industries' insolvency plea against Swaraj India Agro on SC directionThe National Company Law Appellate Tribunal restored an appeal from Walchandnagar Industries against Swaraj India Agro. This restoration fo...
- Experts hail SC ruling on creditor’s claim in insolvency-linked dispute between two Bengaluru firmsThe Supreme Court has ruled that a creditor whose claim was largely extinguished under an insolvency resolution plan can still use it as a ...
- Polycab India shares fall 6% in two sessions. What’s triggering the selloff?Polycab India shares dropped 6% in two sessions after NSE announced its exclusion from the equity derivatives segment effective December 30...
- Polycab shares tumble 5% as stock set to exit F&O segment from December 30 onwards. Here's whyPolycab India shares dropped over 5% after the NSE announced its exclusion from the F&O segment from December 30. The move follows insolven...
- Polycab India’s F&O exit: NSE sets December 30 deadline; NCLAT stays insolvency orderNSE will remove Polycab India from the equity derivatives segment from December 30, 2026, with existing contracts available until expiry. S...
- Jaypee homebuyers’ complaints genuine, Suraksha Group breached resolution plan: PanelAn independent committee examining Jaypee Infratech homebuyers’ grievances has found most allegations of construction delays, poor quality,...
- NCLT approved 107 resolution plans worth Rs 11,000 crore in Q2The National Company Law Tribunal has set a new benchmark by approving 107 Resolution Plans in the second quarter of FY 2026–27, a remarkab...
- NCLT admits insolvency plea by Kotak Mahindra Bank against Unity RealtyKotak Mahindra Bank's insolvency petition against Unity Realty and Developers has been admitted by the NCLT. The petition was filed due to ...
- India to mandate facial scans for airport staff, fast-track full-body scanners after Flydubai incidentIndia will make facial recognition mandatory for airline and airport employees and expedite full-body scanner deployment at eight major air...
- NCLT rejects Uniton Infra insolvency plea against Shapoorji Pallonji over Rs 4.31 crore claimThe National Company Law Tribunal rejected Uniton Infra’s plea seeking insolvency proceedings against Shapoorji Pallonji & Co over an alleg...
- ARCs seek govt help to speed up recoveryAsset reconstruction companies have called for improved government intervention to accelerate debt recovery through DRTs. They proposed cha...
- Need reforms for higher recoveries and speedier resolutions in IBC: IBBI ChairJayanti Prasad emphasized the need for reforms in India's debt resolution framework to improve realizations and safeguards. Justice Anupind...
- NCLAT dismisses Affle 3i's plea against insolvency of Talent Unlimited Online ServicesNCLAT has dismissed an appeal by Affle 3i Ltd concerning insolvency proceedings against Talent Unlimited Online Services Pvt Ltd. The dismi...
- McNally Bharat: ED probes 'backdoor return' of old power network via IBCEnforcement Directorate has traced ₹105 crore of cash infusion to McNally Bharat Engineering from Vishwa Group entities. The funds moved th...
- IBBI allows liquidators to modify stakeholder list on new informationUnder the earlier regime the liquidator could not change this list independently and had to apply to the Adjudicating Authority- usually th...
- How will tribunals function if no infrastructure? SC directs Centre to identify amenities requiredThe Supreme Court on Monday directed the Centre to urgently identify infrastructure requirements at National Company Law Tribunal benches i...
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