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INSOLVENCY PETITION
NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...- NCLAT offers Supreme Housing & Hospitality final chance to settle Canara duesSupreme Housing promoters have a final opportunity to settle their debt with Canara Bank. The National Company Law Appellate Tribunal has o...
- Ranbir Kapoor-backed Prime Focus shares gain 2% after firm returns to black with Rs 82 crore net profit in Q4Prime Focus shares saw a rise on Friday. The company reported a profit of Rs 82 crore for the fourth quarter of FY26. This marks a signific...
- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
- Sunbird Dispute: HC asks SpiceJet to disclose its assetsSpiceJet must reveal its assets to Sunbird France. The lessor seeks payment for unpaid lease rentals and engine maintenance. A UK court ord...
- Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVLVideocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows s...
- Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sourcesDalmia Bharat is set to acquire Jaiprakash Associates' cement assets for over Rs 2,500 crore. This follows Adani Group's acquisition of Jai...
- Only Ambuja in fray for Jaypee Cement, submits Rs 580 crore bidIn a surprising turn of events, Ambuja Cements, part of the Adani Group, has put in a bid of Rs 580 crore for Jaypee Cement. However, this ...
- NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...
- NCLT admits insolvency plea against Prime Focus over Rs 353.79 crore claim, company challenges order in NCLATThe National Company Law Tribunal has admitted an insolvency petition against Prime Focus Ltd. Reliance Alpha Services Pvt Ltd filed the pe...
- NCLT approves Rs 730 cr resolution plan for Rajesh Business & Leisure HotelsThe National Company Law Tribunal has approved a revival plan for Rajesh Business & Leisure Hotels. A consortium of Rare Asset Reconstructi...
- NCLT upholds Aanand Rai's plea in row with Eros InternationalThe NCLT has permitted filmmaker Aanand L Rai to pursue arbitration in a dispute with Eros International Media. The tribunal deemed Eros's ...
- NCLAT dismisses Vedanta's plea against Adani's Jaiprakash bidA company law appeals court has rejected Vedanta Ltd's challenge to Gautam Adani's group winning bid for bankrupt firm Jaiprakash Associate...
- NCLAT ends insolvency proceedings against realty firm Embassy DevelopmentThe Delhi bench of the National Company Law Tribunal (NCLT), in December 2025, directed the initiation of insolvency proceedings against th...
- NCLAT dismisses Vedanta plea against Adani’s Jaiprakash Associates bid, upholds NCLT orderThe National Company Law Appellate Tribunal has dismissed Vedanta's challenges against Adani Enterprises' winning bid for Jaiprakash Associ...
- Insolvency law not a recovery mechanism, Supreme Court reiterates in key IBC rulingIn a landmark decision, the Supreme Court has clarified that insolvency law is not intended for the mere pursuit of debt recovery. It highl...
- JAL Case: NCLAT reserves ruling on Vedanta pleaThe National Company Law Appellate Tribunal (NCLAT) has reserved its order on Vedanta's petitions challenging Adani Enterprises' bid for de...
- SBI seeks Supreme Court review of spectrum ruling in Aircel case, warns of banking and IBC risksSBI has moved the Supreme Court seeking review of its February 13 ruling that barred telecom spectrum from being treated as an asset under ...
- SBI moves Supreme Court seeking review of spectrum ruling, flags impact on telecom insolvenciesThe State Bank of India is asking the Supreme Court to reconsider a recent ruling. The judgment prevents telecom spectrum from being treate...
- Supreme Court seeks data on NCLT delays in resolution plansThe Supreme Court is addressing significant delays in approving resolution plans at the National Company Law Tribunal. It has directed the ...
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