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PERSONAL INSOLVENCY RESOLUTION PROCESS
NCLT declares Videocon promoter Venugopal Dhoot bankrupt on SBI plea; appoints bankruptcy trusteeThe National Company Law Tribunal (NCLT), Mumbai Bench, has declared former Videocon Industries promoter and director Venugopal Nandlal Dho...- Mehli Mistry challenges ouster from Tata TrustMehli Mistry has filed objections against his removal as a trustee of Bai Hirabai Jamsetji Charitable Institution. He claims that the decis...
- Maharashtra gives one-time age relaxation for recruitment exams, extends concession till end-2027The Maharashtra government has announced a one-time relaxation in age limits for state recruitment exams until December 31, 2027. This deci...
- India, Israel vote against Pak-backed UN arms control resolution: Sources dismiss voting coordinationIndia has voiced its opposition to a Pakistan-led UN resolution on regional arms control, asserting that arms control transcends regional b...
- Why anti-Trump Republican Thomas Massie wants Pete Hegseth impeached; what the defense secretary can do to avoid the situationRep. Thomas Massie plans to push for the impeachment of Defense Secretary Pete Hegseth when Congress reconvenes. Massie outlined allegation...
- Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and NalcoIndian equity markets have enjoyed a remarkable stretch, registering gains for five consecutive sessions. The Nifty 50 index showed impress...
- Sebi cancels registrations of 8 investment advisers for non-payment of renewal feesSebi has announced relaxed KYC requirements for Non-Resident Indians, Overseas Citizens of India, and foreign nationals. These changes will...
- VB-G RAM G grievance redressal rules set 15-day deadlineThe rules establish a multi-tier grievance redressal mechanism at the gram panchayat, block and district levels. Designated grievance redre...
- Zee draws line between CBI probe against Subhash Chandra and its businessZee Entertainment Enterprises has clarified that an Enforcement Case Information Report (ECIR) registered against founder Subhash Chandra i...
- TVS family succession dispute raises governance questions for listed companies, says InGovernA succession dispute concerning the Venu Srinivasan family has emerged, affecting both TVS Holdings and TVS Motor Company. The disagreement...
- NCLT voids Rs 525-cr guarantee, Mumbai land transfer in JLS Realty disputeThe NCLT has invalidated multiple transactions involving JLS Realty Pvt Ltd, including its transfer of redevelopment land. The tribunal fou...
- IBBI tightens real estate insolvency rules to prioritise home deliveryIndia's insolvency regulator has implemented new rules to prioritize project completion and better homebuyer oversight. Independent assessm...
- 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....
- MSCI puts Polycab exit on hold amid insolvency case uncertaintyMSCI has decided to delay the removal of Polycab India from its indices amid insolvency uncertainty. The company was placed on the Insolven...
- In 2025 Poundland sold to Gordon Brothers at €1, now the UK discount retailer is staring at insolvencyPoundland may soon face insolvency, with the potential loss of approximately 600 UK stores and over 10,000 jobs. The crisis unfolds as majo...
- Committee of Creditors cannot withdraw resolution plan nod: Supreme CourtA bench of Justices JB Pardiwala and K Vinod Chandran, while disposing of the appeal filed by Bank of India and other CoC members, includin...
- Law firms make a strong case for hiring top litigation partnersDemand spans experience in commercial and corporate disputes, including regulatory matters, insolvency, white-collar crime, investigations,...
- Don’t bank on RBI alone: The investor protection gap in India’s banking systemRBI imposes strict regulations on banks to ensure transparency for depositors and investors. However, listed banks often fail to provide ti...
- 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...
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